PRS Reit profit up 90%

To Let signs

Built-to-rent firm managed by Sigma PRS is aiming to complete 5,000 homes by the end of this calendar year.

The build-to-rent firm PRS Reit has announced profits after tax went up 90% in the last six months of last year compared to the same period the year before. 

At the end of the period to 31 December the firm’s portfolio across England and Scotland included 4,489 completions, up 42% from the same date in 2020, and 949 homes were being built. 

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