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YEW Yew Grove Reit Plc

1.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Yew Grove Reit Plc LSE:YEW London Ordinary Share IE00BDT5KP12 ORD SHS EUR0.01 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Yew Grove REIT PLC Completion of the acquisition (3405L)

21/12/2018 4:18pm

UK Regulatory


Yew Grove Reit (LSE:YEW)
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TIDMYEW

RNS Number : 3405L

Yew Grove REIT PLC

21 December 2018

Yew Grove REIT plc

(the "Company" or "Yew Grove")

Completion of the acquisition of buildings on the IDA Business Park in Letterkenny

Yew Grove, which owns a diversified portfolio of Irish commercial property assets, is pleased to confirm that further to its announcement earlier today, the acquisition of Buildings B1, B2 and B3 on the IDA Business Park in Letterkenny, for an agreed price of EUR16 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: + 353 1 662 4712 
  Hume Brophy 
Media Enquiries                     yewgrove@humebrophy.com 
 Edel Bach, Karin O'Conor 
 

Notes to editors:

Yew Grove 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

ACQMMMZZVMVGRZM

(END) Dow Jones Newswires

December 21, 2018 11:18 ET (16:18 GMT)

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