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PRS REIT increases profit 52% amid sale plans – Northern Financial Review

Summary by northernfinancialreview.com
Manchester-based PRS REIT plc, the real estate investment trust that invests in the private rented sector, said its revenue — derived entirely from rental income — increased 17% to £32.9 million in the six months ended December 31. Profit before tax increased 52% to £46.2 million. PRS REIT said its Q2 dividend increased, reflecting continued strong rental and earnings growth, taking total H1 dividends to 2.1p per share (H1 2024: 2.0p). The close…
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PRS REIT increases profit 52% amid sale plans – Northern Financial Review

Manchester-based PRS REIT plc, the real estate investment trust that invests in the private rented sector, said its revenue — derived entirely from rental income — increased 17% to £32.9 million in the six months ended December 31. Profit before tax increased 52% to £46.2 million. PRS REIT said its Q2 dividend increased, reflecting continued strong rental and earnings growth, taking total H1 dividends to 2.1p per share (H1 2024: 2.0p). The close…

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northernfinancialreview.com broke the news in on Monday, March 31, 2025.
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