Hardman & Co Research
Yew Grove (YEW) - Initiation of coverage: Strong strategy, tenants and total
returns
13-Jul-2020 / 15:45 GMT/BST
Hardman & Co Research: Strong strategy, tenants and total returns
Yew Grove invests in office and industrial assets in RoI. Tenants are
creditworthy, 95% multinational or governmental; this RoI regional-income REIT
invests in assets that support rising income streams, based on rents that are
at a fraction of Dublin CBD levels. Macroeconomic conditions pre (and even
more so, post) COVID-19 support Yew Grove's selection of locations, which
exclude Dublin CBD. Sharp historical rises in Dublin CBD rents and easier
accessibility of offices on the fringe of the centre have pointed occupiers to
these latter "core+" locations, while regional office and industrial
attractions are increasing. Please click on the link below for the full
report:
https://www.hardmanandco.com/research/corporate-research/strong-strategy-tenan
ts-and-total-returns/ [1]
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1092715 13-Jul-2020
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(END) Dow Jones Newswires
July 13, 2020 10:45 ET (14:45 GMT)
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