Yew Grove REIT (YEW.I, YEW ID)
- 126.2
- 124.9
- 85.5
Company Profile
Yew Grove REIT is a commercial real estate REIT that listed in June 2018 and is focused on office and industrial assets outside Dublin's Central Business District (CBD) and across regional Ireland. Its assets have a high net initial yield, enabling it to pay large dividends to investors. It does not engage in developments, has a low loan-to-value (LTV) of around 25%, has minimal retail exposure and its tenant base is primarily government agencies, foreign direct investment and large corporates, giving it a low risk and high income profile. It needs to increase scale to become more attractive to institutional investors.
| Major Shareholders | % |
| HSBC | 20.6 |
| Invesco | 9.4 |
| OVMK Asset Management | 6.0 |
| FMR LLC | 5.1 |
| Goldstein Property ICAV Fund | 4.7 |