12 January 2021 | 08:44am
StockMarketWire.com - Irish commercial property investor Yew Grove REIT said it was on track to collect 99.6% of rents due in the first quarter of 2021.
Quarterly rents, which accounted for 90.35% of the total, had been entirely collected.
As for monthly rents, which make up the remaining 9.65% of the total, all but €3,175 of the amounts due on 1 January had been collected.
Yew Grove said that if that rate of collection was repeated in February and March, the full quarterly collections would exceed 99.6%.
The 0.4% of rent not collected related to non-food retail that had been closed due to the new Irish national lockdown announced just after Christmas.
By BFN News | 09:16 AM | Wednesday 16 December, 2020 Irish property investor Yew Grove REIT said it had signed three leasing deals, including for the first floor of a unit at Cork Airport.
The 20,268 square foot floor of unit 2600, Cork Airport Business Park had been let to Alter Domus Fund Services Ireland along with 79 carparking spaces.
The lease term was 15 years, with break options at five and 10 years, at a headline rate of €16.50 per square foot plus a rent of €200 per car space per annum.
Yew Grove REIT also signed two other leases, both in the Bridge Centre in Tullamore, with An Post and Byron Distribution.
16 December 2020 | 09:16am
StockMarketWire.com - Irish property investor Yew Grove REIT said it had signed three leasing deals, including for the first floor of a unit at Cork Airport.
The 20,268 square foot floor of unit 2600, Cork Airport Business Park had been let to Alter Domus Fund Services Ireland along with 79 carparking spaces.
The lease term was 15 years, with break options at five and 10 years, at a headline rate of €16.50 per square foot plus a rent of €200 per car space per annum.
Yew Grove REIT also signed two other leases, both in the Bridge Centre in Tullamore, with An Post and Byron Distribution.