Sigma, as Investment Adviser, carries out and manages all corporate and social responsibilities on behalf of The PRS REIT.
The creation of sustainable communities lies at the heart of our philosophy. The creation of places where all members of society wish to stay and share is the measure of sustainability as we see it but this can only be achieved through active engagement from local residents. Without that participation, the development process takes far longer delaying the benefit that all parties enjoy from actual delivery on the ground.
Communities can express their needs during the master plan, strategic investment and development stages. Large scale regeneration should not be monopolised by a single developer and, in our view, an inclusive partnership approach is the only way to achieve holistic, balanced and sustainable solutions.
Commercially there are significant benefits in efficient delivery and successful community building generates increasing land values thus maximising the regeneration receipts which can be recycled in to the local economy.
Here are some examples of projects where we have engaged with local residents, schools or charities, thus contributed to creating a better community as well as aiding areas to thrive and flourish.