Yew Grove invests in RoI office and industrial real estate, let to a carefully selected type of tenant. Through 2020, 97%-plus of rent has been paid on time, rising to over 99% now. Tenants are creditworthy: 96% large corporate or the government. The strategy creating such a secure income stream also brings high and rising rents. The gross yield on the portfolio is 7.9%. Yew Grove has found asset classes where buyer-competition is modest. The assets are appropriate for the world of COVID-19 and post COVID-19, with generous, uncrowded floorplates. During 2020 the modest voids reduced further. We note the mere 0.01% asset value fall in June.
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