Having a rental base that is dominated by government-related and large company tenants has proved a good thing for Republic of Ireland-based property investor Yew Grove REIT (LON: YEW) in the time of COVID-19. It has collected 97% of rents for the second quarter of 2020.
That is better than expected. A temporary rent deferral has been agreed for 1.9% of expected rents. The rest is owed by retail outlets that have had to close.
Yew Grove joined AIM and the Euronext Growth market in Dublin on 8 June 2018. The target is to build a property portfolio of high yielding, quality property assets...
