Real estate investor adds series of development sites to portfolio

A Manchester-based closed-ended private rental sector real estate investment trust established to invest in new-build homes has acquired a series of development sites across the North West. PRS REIT, which launched last year, has snapped up three development sites with a combined gross development cost of £34.4m, and purchased an additional completed PRS site for £9.08m. The three development sites comprise a site in Greater Manchester and two sites in Merseyside, and will yield a total of 238 additional new family homes. O... For the full story register now for free or login below...
Close