Sigma agrees to £188m takeover by private equity firm PineBridge cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.
Housing developer Sigma Capital Group agrees £188 4m deal with private equity real estate giant business-live.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-live.co.uk Daily Mail and Mail on Sunday newspapers.
The PRS REIT plc ( REIT ) · A total of 1,017 new rental homes were delivered to the REIT in the 9-month period, taking its portfolio to 2,634 homes at 30 September 2020, with an estimated rental value ( ERV ) of £24.3m pa
· The REIT s funding resource of £900m (gross) was fully committed by 31 December 2020 with the acquisition of a fully-let development of 123 suburban new homes. This development had originally been created and developed by Sigma for BlackRock Real Assets
· In Q1 of the new financial year, a total of 529 homes (including from the above acquisition) were added to the REIT s portfolio, taking it to 3,163 completed homes, with an ERV of £29.4m at 31 December 2020