We will be hosting a webinar on Hardman Talks featuring Jonathan Laredo, CEO of Yew Grove REIT plc (YEW), in discussion with Mike Foster, Property Analyst at Hardman & Co.
Jonathan and Mike will offer an insight into Yew Grove’s recent performance and portfolio, followed by a moderated Q&A session, live on Zoom at 3pm on Monday 29th March 2021. Sign up now for your place.
Yew Grove invests in office property in the Republic of Ireland, in accessible locations outside of central Dublin. The REIT’s value-for-money proposition has attracted multinational and government tenants. Its modern, low-rise properties are well positioned for maximising tenant-attractiveness going forward, and should be particular beneficiaries of the likely shift to a hub-and-spoke office model. This is allied to the REIT’s state-of-the-art industrial assets, several of which include clean-room facilities.
The company has achieved rental income yield above the local index (Republic of Ireland) and 100% rent collection throughout the current COVID pandemic. Even at the height of the COVID crisis, its asset valuation remained unchanged. Dividends appear secure with growth prospects and offer premiums to the REIT index yield.
You can send us your questions when you register or during the presentation.
Read our latest report on Yew Grove REIT here.