Investors in the PRS REIT include global financial institutions, local authority pension funds, private wealth managers, as well as Homes England, the public body, sponsored by the Ministry of Housing, Communities & Local Government.
Sigma’s subsidiary, Sigma PRS Management Ltd, is Investment Adviser to the PRS REIT. It is responsible for deploying the PRS REIT’s funding capacity to invest in the creation of a substantial portfolio of new-build family rental homes in accordance with the PRS REIT’s investment policy. It sources suitable investments and development sites, oversees the planning and construction processes, and manages the PRS REIT’s assets,
Sigma’s PRS property platform has enabled the rapid progress of the PRS REIT, which has first refusal on sites within Sigma’s platform. Properties are delivered with the support of platform partners, including Countryside Partnerships, EQUANS, Seddon Homes, Vistry Group, Springfield Properties and Homes England.
The PRS REIT plc is targeting £1bn+ assets within five years. Our pipeline for new homes continues to grow.
Figures shown as of 30 September 2023.
Sigma PRS Management Ltd is an appointed representative of G10 Capital Limited, which is authorized and regulated by the Financial Conduct Authority (FRN:648953).
Sigma has its own rental brand, ‘Simple Life’, through which the new homes for The PRS REIT plc are typically let. The brand has been created to set a new gold standard in the private rental market. Visit the Simple Life UK consumer website: simplelifehomes.co.uk