Skip to main content Skip to footer

The PRS REIT: £264 million IPO and over £500 million raised since

Singer Capital Markets acted as Financial Adviser and Joint Bookrunner on The PRS REIT’s admission to the Main Market in May 2017, raising £250 million with a market capitalisation of £264 million. Since admission, Singer Capital Markets have continued to work with The PRS REIT and have raised over £500 million for the Company.

About The PRS REIT

The PRS REIT is a closed-ended real estate investment trust established to invest in the Private Rented Sector and to provide shareholders with an attractive level of income together with the potential for capital and income growth.

The PRS REIT was the first London-quoted REIT solely focused on developing new build family homes in the private rented sector.

Key facts

100 institutions

met with the company via 77 meetings, with over 60 institutions investing.

>£500 million

raised since IPO, including £250m raised in Oct 2018 and £55.6m raised in Oct 2021.

IPO of the Year

Property Week selected The PRS REIT as the winner of its prestigious IPO of the Year Award (2018).

"The team shaped the investment story, identified the broadest pools of capital and managed the syndicate to deliver this important fundraising for us. The process throughout was well planned, seamlessly executed and, usually, a very dedicated and personal service."

Graham Barnet

Chief Executive Officer of The PRS REIT

Contact us