PRS REIT: ‘Number of interested parties’ regarding sale of trust
The board is in ‘active discussions’ about selling the trust with ‘a number of interested parties’
The board is in ‘active discussions’ about selling the trust with ‘a number of interested parties’
Non-executive chair Steve Smith will step down at PRS REIT’s next AGM, with Robert Naylor and Christopher Mills appointed to the board
CGAM, a shareholder in PRS REIT, has raised concerns over potential conflict of interests
Board sets up sub-committee to engage with shareholder group seeking to replace the PRS REIT chair
Investors including Harwood Capital, CCLA and Waverton are seeking to remove board chair Stephen Smith and NED Steffan Francis