Yew Grove REIT PLC Waterford office building acquisition completion (1019Z)
May 15 2019 - 3:40AM
UK Regulatory
TIDMYEW
RNS Number : 1019Z
Yew Grove REIT PLC
15 May 2019
Yew Grove REIT plc
(the "Company" or "Yew Grove")
Completion of the acquisition of the office building on the IDA
Business Park in Waterford
Yew Grove, which owns a diversified portfolio of Irish
commercial property assets, is pleased to confirm that further to
its announcement on 8 February 2019, the acquisition of the 3
storey office block A on the IDA Business and Technology Park,
Butlerstown, Waterford, for an agreed price of EUR4 million, has
now completed.
Enquiries:
Yew Grove REIT plc Tel: +353 1 4853950
Jonathan Laredo, Chief Executive
Officer
Michael Gibbons, Chief Investment
Officer
Charles Peach, Chief Financial
Officer
Investec Bank plc
Joint Broker & ESM Advisor Tel: +353 1 421 0000
Tommy Conway, Eoin Kennedy
Joint Broker & NOMAD Tel: +44 20 7597 5970
David Anderson, Darren Vickers
Goodbody Stockbrokers UC
Joint Broker Tel: +353 1 667 0400
David Kearney, Joe Gill
Tel: +44 20 3934 6630
IFC Advisory
Financial PR yewgrovereit@investor-focus.co.uk
Tim Metcalfe / Heather Armstrong
/ Graham Herring
Notes to editors:
Yew Grove REIT raised gross proceeds of approximately EUR75
million in June 2018 to invest in a diversified portfolio of Irish
commercial property, with a particular focus on well-tenanted
commercial real estate assets comprising office and industrial
assets let to Irish government entities (and other state bodies),
IDA Ireland supported and other FDI companies, and larger
corporates, located in attractive locations in the Dublin suburbs
and catchment area, main regional cities, and IDA business parks
(the "Geographic Target Market").
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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