Strong base for Yew Grove REIT

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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 o...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.