2 Jul 2018 13:27
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 | ||
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Hume Brophy | Tel: + 353 (1) 662 4712 |
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Media Enquiries | yewgrove@humebrophy.com |
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Edel Bach, Karin O'Conor, Sarah McDonagh |
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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
YEW.L (YEW)