Investment Case

  • The Board and management team have significant relevant experience and a track record of success
  • Management has pioneered and established an unrivalled and successful model for new housing delivery and management in the Private Rented Sector (”PRS”)
  • The leadership team collectively own a significant holding in the Company
  • There is a structural undersupply of quality rental homes in the UK
  • Rental demand is rising, underpinned by long-term drivers including population growth, an increase in the number of households and affordability constraints
  • The market for institutionally-owned, professionally-managed rental homes in the UK is nascent and growing
  • Sigma has developed and operates a comprehensive property delivery and management platform for the sourcing, construction and management of PRS sites
  • The property platform is underpinned by both contractual and informal relationships with national and regional housebuilding partners, local authorities and central government
  • Sigma’s property platform has wide geographic reach and is capable of delivering multiple development sites across the major regions in the UK
  • The property platform has already delivered thousands of new homes across England, and thousands more homes are underway
  • Sigma manages the letting of completed homes through its ‘Simple Life’ rental brand
  • ‘Simple Life’ aims to set a new, higher standard of service in the private rental market, and with the aim of allowing tenants to feel secure in their tenancy and enjoy their home
  • ‘Simple Life’ is increasingly recognised as a market leader in customer care in the lettings industry
  • Sigma has a proven track record in the managing the development and rental of residential assets on behalf of third parties
  • Sigma has successfully deployed over £1.2bn into the Private Rented Sector for third parties
  • Sigma established and launched The PRS REIT plc in 2017, the first REIT dedicated to the delivery of new build rental homes for the Private Rented Sector in the UK
  • Sigma generates highly-visible revenues from development management income and recurring income from asset management
  • There is scope for new PRS relationships with additional parties
  • The delivery of new rental homes creates significant social and economic benefits to communities
  • Environmental, social and governance factors are incorporated into the Company’s decision-making processes
  • Sigma supports local communities through a number of initiatives, particularly with schools, charities and community groups