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Simple Life

1 Ellesmere

A leading BTR Single-family home portfolio by Sigma Capital Group.

As part of this appointment, Ascend covers the lettings and property management of two major BTR Single-family home funds managed by Sigma: The PRS REIT plc. & Sigma PRS.

These large and growing portfolios are marketed under the ‘Simple Life’ brand, and Ascend setup a fully white-labelled team and systems to manage these assets.

As of November 2023, Sigma has delivered 5,129 new homes for rent across the UK on behalf of The PRS REIT plc. and Sigma PRS, all of which are managed by Ascend.

See the performance stats for The PRS REIT plc. fund as at end of September 2023 below. 

5129

Completed homes

71

Developments

98%

Occupancy rate

£57.6m

Annual ERV

98%

Rent collection rate

Sigma is in the process of delivering portfolios worth over £2 billion over the next few years, and they have a medium-term growth plan to own 35,000 properties across the UK.

Fornham place 18
We have been working with Ascend for over 4 years and have found their standards of service and performance to be excellent. The partnership approach they adopt when working with our portfolios does make them feel like an extension of our own team.

Rob Sumner, Residential Investment Director, Sigma Capital Group

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