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Yew Grove REIT PLC (YEW)

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Monday 02 July, 2018

Yew Grove REIT PLC

Acquisition of One and Three Gateway

RNS Number : 2831T
Yew Grove REIT PLC
02 July 2018
 

Yew Grove REIT plc

(the "Company" or "Yew Grove REIT")

Completion of the Acquisition of One and Three Gateway

 

Yew Grove REIT plc, which owns a diversified portfolio of Irish commercial property assets, is pleased to confirm that further to its announcement on 18 June 2018, the acquisition of the One and Three Gateway office buildings, which are situated on the East Wall Road in Dublin 3, for an agreed price of €29 million has now completed.

 

Enquiries:

Yew Grove REIT plc

Tel: +44 203 627 2720

Jonathan Laredo, Chief Executive


Michael Gibbons, Chief Investment Officer


Charles Peach, Chief Financial Officer




Investec Bank plc


ESM Advisor & Broker:

Tommy Conway, Eoin Kennedy

Tel: +353 (1) 421 0000

NOMAD & Broker:

David Anderson, Darren Vickers

Tel: +44 (0) 20 7597 5970



 

Hume Brophy

Tel: + 353 (1) 662 4712

 

Media Enquiries

[email protected]

 

Edel Bach, Karin O'Conor, Sarah McDonagh


 



 

Notes to editors:

Yew Grove REIT raised gross proceeds of approximately €75 million 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 a geographic target market.

 

ENDS

 


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