Yew Grove REIT plc (LON:YEW) CEO Jonathan Laredo joins DirectorsTalk to discuss its latest trading update. Jonathan reminds us of the business model, explains why rental collection is so robust, a strong financial position, maintaining the dividend policy, why the outlook is healthy and how the Yew Grove team are actively supporting the local communities and charities.
Yew Grove REIT plc, quoted on the London Stock Exchange’s AIM market and on the Euronext Growth Market in Dublin, is an Irish commercial real estate company invested in a diversified portfolio of Irish commercial property. Yew Grove has a particular focus on well-tenanted commercial real estate assets comprising of office and industrial assets outside of Dublin’s Central Business District.
Yew Grove’s highly experienced team has a proven track record in commercial property investment and asset management in Ireland and internationally and is focused on delivering results. Its investment approach is strategic, not speculative, principally on assets that are let, pre-let or to be let after refurbishment. Shareholders are provided with stable, long-term income from a diverse portfolio of commercial property comprising well-tenanted real estate in strategic centres let to Irish government entities and other state bodies, IDA Ireland supported and other FDI companies, and larger corporates.