UK's Long Harbour proposes $852 million bid for PRS REIT
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2025
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Source: Reuters
Takeover Proposal: UK property investor Long Harbour has proposed a £631.6 million takeover of PRS REIT at a price lower than the market value, causing PRS shares to drop by about 2%.
Market Activity: The potential deal highlights increased mergers and acquisitions in the UK REIT sector, with several recent transactions indicating a trend towards consolidation amid economic uncertainty.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
