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PRS REIT portfolio sale completes in landmark £1.1 billion UK housing transaction

Joint venture will invest £1 billion to grow the portfolio by more than 15,000 homes over the next decade
PRS REIT owns these apartments on Kingfisher Drive in Rochdale. (CoStar)
PRS REIT owns these apartments on Kingfisher Drive in Rochdale. (CoStar)
CoStar News
December 9, 2025 | 2:26 P.M.

Northern LGPS and Local Pensions Partnership Investments have completed the acquisition of PRS Holdco, the operating arm of PRS REIT, bringing its entire portfolio of 5,478 single-family homes under joint ownership. The homes span 71 sites across England, Scotland and Wales.

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