The PRS REIT, the closed-ended real estate investment trust that invests in high-quality, new build, family homes in the private rented sector (“PRS”), is pleased to announce the appointment of Geeta Nanda, OBE, as a Non-executive Director, with immediate effect.
Geeta has over 25 years’ experience of working in the property sector. She is Chief Executive Officer of Metropolitan Thames Valley Housing Association (“MTVH”), having previously led its creation in 2017 with the merger of Metropolitan Housing Trust and Thames Valley Housing Association Ltd, where she was Chief Executive Officer. At MTVH, Geeta is responsible for the management of 60,000 homes, with 100,000 residents, and an ongoing new-build programme. She also has significant experience of PRS, having established ‘Fizzy Living’, the London PRS subsidiary of Thames Valley Housing Association Ltd in 2012.
Geeta is an Advisory Board member of Cities Restart, the body dedicated to helping cities reopen following COVID-19, and a Board member of The National Housing Federation, the industry body representing providers of housing. She is also Vice Chair and Chair-elect of G15, the group of London’s largest housing associations.
She was previously a Non-executive Director of McCarthy & Stone plc, the retirement communities developer and manager, from 2015 until its acquisition in early 2021, a Non-executive Director of The St Mungo Community Housing Association, a charity that helps the homeless, and Vice Chair of SCOPE, the national disability charity.
Steve Smith, Chairman of The PRS REIT plc, commented:
“We are delighted to welcome Geeta to the Board of The PRS REIT plc. She brings wide-ranging skills and experience, and a broad understanding of the housing market, including build-to-rent. She is widely respected for her work and has a strong track record of success. Geeta will add further depth to the Board, and we look forward to working with her as The PRS REIT plc continues to grow.”