Northern LGPS and LPPI acquire 5,000-home SFR portfolio

Northern LGPS and LPPI acquire 5,000-home SFR portfolio

Reading Time: 2 minutesUK: Public investment fund Northern LGPS and pension service provider Local Pensions Partnership Investments (LPPI) have completed the £1.1 billion acquisition of PRS Holdco, the operating arm of PRS REIT, comprising 5,478 SFR homes. 

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Shareholder rebellion

Shareholder rebellion at PRS REIT

Reading Time: 2 minutesUK: A group of shareholders owning nearly 20 per cent of PRS REIT, which owns more than 5,000 BTR homes across the UK, are calling for the removal of chair Stephen Smith and a strategic review of the business.

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