A strong Irish economy has helped property investor Yew Grove REIT (LON: YEW) to grow its NAV. There are opportunities to further increase valuations.
Both the Irish economy and Yew Grove have significant exposure to the life sciences sector – it accounts to 35% of Yew Grove’s rents. Ireland’s GDP grew by 3.4% in 2020, with pharmaceuticals and IT the fastest growing sectors.
Yew Grove focuses on commercial properties in Ireland that are let to good quality tenants, such as government departments and multinational companies. Management concentrates on property outside of the centr...
