Overview
Yew Grove REIT : YEW
Yew Grove REIT is an Irish REIT investing in office and industrial properties primarily outside Dublin’s central business district. Its shares are listed on AIM and on the Enterprise Securities Market of Euronext Dublin. The directors intend to build a portfolio of properties which is focused on commercial real estate assets in Ireland, with a particular focus on office and industrial assets let to Irish government entities and other State Bodies, IDA Ireland supported and other FDI companies, and larger corporates principally located:
- in Dublin city (other than the Dublin Central Business District);
- within the wider Dublin Catchment Area;
- in major regional cities and towns (especially those identified as hubs for industrial development under Project Ireland 2040)
- in IDA Ireland Business and Technology Parks
Yew Grove REIT maintains a pipeline of sites and deploys capital in accordance with this policy, spreading risk across property and tenant types, focussing on commercial-only property acquisitions and limiting exposure to the geographic target market. The investment policy is guided by macro-economic factors, commercial property trends, FDI (foreign direct investment) patterns and tenant requirements.
Ireland’s inward investment promotion agency, the IDA, is a non-commercial, semi-state body promoting Foreign Direct Investment into Ireland through a wide range of services. It partners with potential and existing investors to help them establish or expand their operations in Ireland.
You can access the company’s website here
Research History
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17 Dec 2020 16 min read
QuotedData’s Real Estate Roundup – December 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data November’s biggest movers in price terms are shown in the chart below. The eagerly awaited news of a successful vaccine candidate came at the start of November, boosting the stock market. Property companies that had seen their share price battered over the past eight […]
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09 Oct 2020 14 min read
QuotedData’s Real Estate Roundup – October 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data September’s biggest movers in price terms are shown in the chart below. There was an eclectic mix of property companies to feature in the top price movers for September. Top of the tree was private rented sector and residential development specialist Sigma Capital Group, […]
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20 Apr 2020 10 min read
QuotedData’s Real Estate Quarterly Roundup – First Quarter 2020
Real Estate Quarterly Roundup Kindly sponsored by Aberdeen Standard Investments Covid chaos The covid-19 pandemic has had a devastating effect on the share price of property companies, with 31% wiped off the value of their total market capitalisation during the first quarter of 2020. Companies focused on the retail, leisure and hospitality property sectors were […]
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10 Mar 2020 16 min read
QuotedData’s Real Estate Roundup – March 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data February’s biggest movers in price terms are shown in the chart below. Property stocks tumbled in February as fears over the spread of Covid-19 spooked financial markets around the world and resulted in the largest sell-off since the 2008 financial crisis. There were just […]
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07 Feb 2020 12 min read
QuotedData’s Real Estate Roundup – February 2020
Real Estate Roundup Performance data January’s biggest movers in price terms are shown in the chart below. The sluggish start to the year for listed property companies is hardly surprising given they were coming off a high base after the “Boris-bounce” following the general election in December. Topping the list was Triple Point Social Housing […]
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30 Jan 2020 16 min read
QuotedData’s Real Estate Annual Review – 2019
Property’s alternative theory The year was dominated by political and economic uncertainty, with Brexit negotiations casting a shadow over the market and the general election adding a further layer of doubt for much of the year. For a market that is staunchly aligned with political and economic sentiment, listed property companies and REITs performed well, […]
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07 Oct 2019 8 min read
QuotedData’s economic roundup – October 2019
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
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02 Oct 2019 15 min read
QuotedData’s Real Estate Roundup – October 2019
Real Estate Roundup Performance data September’s biggest movers in price terms are shown in the chart below. The month of September was a bumper month for many property companies’ share price, dominated by retail focused companies, who in general have taken a hammering over the past 18 months or so. Top of the list was […]
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08 May 2019 4 min read
QuotedData’s investment companies roundup – May 2019
Investment Companies Roundup New research Over April, we published notes on Henderson Diversified Income, Ecofin Global Utilities and Infrastructure, Jupiter Emerging and Frontier Income, Seneca Global Income & Growth and Polar Capital Global Financials Trust. You can read all these notes by clicking on the links above or by visiting www.quoteddata.com. In this issue Performance data – it was […]
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18 Jul 2018 2 min read
Quarterly Investment Companies Roundup – Second Quarter 2018
QUARTERLY INVESTMENT COMPANIES ROUNDUP – SECOND QUARTER 2018 Global equities markets rose in the second quarter of 2018, Markets were volatile, as positive economic data and encouraging company performances played off against geopolitical concerns. Yields from bond markets rose early in the quarter but fell back as investors turned to ‘safer’ investments. The threat of […]
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11 Jul 2018 1 min read
QuotedData’s investment companies roundup – July 2018
QuotedData’s investment companies roundup – July 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of June 2018. Kindly sponsored by Baillie Gifford. July Investment Companies Roundup Money raised and returned in June Newcomer to the market, Yew Grove […]
News
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25 Feb 2021 3 min read
QuotedData’s morning briefing 25 February 2021
In QuotedData’s morning briefing 25 February 2021: Following its recent good news, KKV Secured Loan Fund will hand back 5p per share (£17.8m) to ordinary shareholders and 12p per share (£16.7m) to C shareholders. The ex date for these distributions will be 5 March 2021 and payment should arrive within the next couple of weeks after […]
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12 Jan 2021 1 min read
Yew Grove REIT collects almost 100% of rent
Irish commercial property owner Yew Grove REIT has announced it has collected almost 100% of rents for the first quarter of 2021. All quarterly rent billed for the current quarter at the end of December, which accounts for 90.35% of its rent roll, has been received. Just €3,175 of the monthly rental agreements, which account […]
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24 Dec 2020 2 min read
QuotedData’s morning briefing 24 December 2020
In QuotedData’s morning briefing 24 December 2020: Gresham House Energy Storage has conditionally agreed to acquire a c.30MW battery project located near Wester Dechmont, Livingston in West Lothian, Scotland. Byers Brae is a battery-only site with a c.30MW/30MW export/import capacity which is currently expected to be commissioned in the second quarter of 2021. The project is […]
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16 Jul 2020 2 min read
Yew Grove REIT expects 98% rent collection
Yew Grove REIT, which owns a diverse portfolio of Irish commercial property assets, expects 98% rent collection this quarter. The company said in a trading update that all of the rent that has been billed has been paid with the exception of: around 1% from a large multi-national that has been delayed due to a […]
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05 Jun 2020 2 min read
YEW Grove REIT collects 97% of rents in second quarter
Yew Grove, the Itrish commercial property REIT, has provided an update on rent collections in the second quarter 2020. This follows a statement from the company, on 15 April, in which it said that it expected to collect at least 95% of second quarter 2020 rents. As at 4 June, Yew Grove says that it […]
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31 Jan 2020 2 min read
QuotedData’s other news 31 January 2020
In QuotedData’s other news 31 January 2020 Fidelity Asian Values confirms that with effect from 1 February 2020 its comparative index (performance benchmark) will be the MSCI AC Asia ex Japan Small Cap Index (net) total return (in Sterling terms) PRS REIT’s NAV has slipped a little, from 95.8p at the end of June 2019 […]
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19 Dec 2019 2 min read
Yew Grove REIT buys six offices
Yew Grove REIT buys six offices – Yew Grove REIT has exchanged contracts to purchase a portfolio of six office buildings at Millennium Park, Naas, County Kildare. The purchase price will be EUR25.3 million, which represents a net initial yield of 5.8 per cent. after accounting for purchase costs. The portfolio is expected to have […]
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22 Nov 2019 1 min read
QuotedData’s other news 22 November 2019
In QuotedData’s other news 22 November 2019 – BMO Private Equity (BPET) announced results for the third quarter period to 30 September 2019. The company delivered an NAV total return of 1.7 per cent (share price total return was 3.4%) while outstanding undrawn commitments were £124.1m with around £17.5m of these to funds where the investment […]
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11 Nov 2019 2 min read
QuotedData’s other news 11 November
In QuotedData’s other news 11 November – Civitas Social Housing (CSH), the real estate investment trust (REIT) dedicated to investing into regulated social housing across the UK, will report half year results for the period ended 30 September 2019 on Monday 2 December 2019. Yew Grove REIT (YEW), which owns a diversified portfolio of Irish […]
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01 Nov 2019 2 min read
Yew Grove buys Athlone office
Yew Grove buys Athlone office – Yew Grove REIT has reached agreement to purchase an office building at the IDA Ireland Business and Technology Park, Garrycastle, Athlone (situated in Ireland’s Midlands region). The purchase price for the building will be EUR12 million, which represents a net initial yield of 7.2 per cent. after accounting for […]
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22 Jul 2019 2 min read
Yew Grove REIT buys three industrial properties
Yew Grove REIT buys three industrial properties – Yew Grove REIT has exchanged contracts on a portfolio of three industrial buildings at the IDA Business and Technology Park, Garrycastle, Athlone. The purchase price was EUR13 million, which represents a net initial yield of 7.6 per cent. after accounting for purchase costs, and a potential reversionary yield […]
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12 Jul 2019 1 min read
QuotedData’s other news 12 July 2019
In QuotedData’s other news 12 July 2019 FastForward Innovations has swapped its stake in Intensity Therapeutics for shares in Portage Biotech, a Canadian listed company part-owned by Jim Mellon (a director of FastForward). Portage has no revenue but the value of the Portage shares FastForward is getting implies a small uplift in FastForward’s NAV. Aberdeen Standard […]
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13 Jun 2019 1 min read
QuotedData’s other news 13 June 2019
In QuotedData’s other news 13 June 2019 – Augmentum Fintech made follow on investments totalling £8.5m in three of its portfolio companies – Tide, Monese and Duedil. BBGI has topped up its investment in the A1/A6 road project in the Netherlands. The project was part of the Schiphol-Amsterdam-Almere expansion and involved the reconstruction and widening of a […]
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24 Apr 2019 2 min read
QuotedData’s other news – 24 April 2019
QuotedData’s other news – 24 April 2019 The board of JPMorgan Russian Securities (JRS) announced this morning that Gill Nott has joined the board of directors as chairman of the US Solar Fund (USF), which commenced trading on the main market of the London Stock Exchange on 16th April 2019 Elsewhere, Henderson International Income (HINT) […]
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3 min read
Yew Grove REIT upbeat on Irish economy
Yew Grove REIT upbeat on Irish economy – Irish REIT Yew Grove (YEW) published its first annual report this morning following its inauguration, covering the period from April to December-end 2018. We wrote about the headline numbers from this period they were first released in February 2019. Click here to read more on this story. […]
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15 Feb 2019 2 min read
Yew Grove REIT buys office block at Cork Airport Business Park for €7.5m
Yew Grove REIT has announced that it has exchanged contracts to acquire Unit 2600, an Office Block located in Cork Airport Business Park. The €7.5 million acquisition represents a net initial yield of 7.85 per cent. after accounting for purchase costs. This is Yew Grove’s first investment in Cork. Unit 2600 Unit 2600 is a […]
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11 Feb 2019 2 min read
Yew Grove REIT exchanges on Office Block A at the IDA Waterford Business and Technology Park
Yew Grove REIT has announced that it has exchanged contracts to acquire Office Block A at the IDA Waterford Business and Technology Park, Butlerstown, Waterford. The €4 million transaction represents a net initial yield of 8.56 per cent, after accounting for all purchase costs. The purchase if the company’s first in Waterford. Jonathan Laredo, Yew […]
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06 Feb 2019 7 min read
Yew Grove REIT announces a “strong set of inaugural results”
Yew Grove REIT has announced its annual results for the seven month period ended 31 December 2018. Jonathan Laredo, the company’s CEO describes these as a “strong set of inaugural results for the Group”. He also says that the net proceeds from the IPO have now been fully invested and the properties that have been […]
