Real Estate Investment Trusts (8670)

2,068.72
   
  • 52 Week High: 2,473.31
  • 52 Week Low: 1,835.17

PRS REIT confirms sale talks ongoing with Long Harbour

By Frank Prenesti

Date: Monday 30 Jun 2025

LONDON (ShareCast) - (Sharecast News) - Suburban housing investment trust PRS REIT confirmed it was still in talks on a potential sale worth £631m with real estate management firm Long Harbour.
PRS put itself up for sale last year and received "several" non-binding proposals, with none beating Long Harbour's 115p-a-share proposal.

"There can be no certainty that an offer will be made, nor as to the terms of any offer if made. All other non-binding proposals have now been withdrawn," PRS said on Monday.

Reporting by Frank Prenesti for Sharecast.com

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Price Data

Price 2,068.72
Closing Price Change -11.63
% Change -0.56 %
11-Jul-25 Close 2,068.72

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SGRO 654.80p -0.3%
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WHR 114.80p -0.2%
VIP 201.50p -0.0%
PRSR 106.40p -0.0%

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