Landlord Yew Grove says its tenants paying almost all rents due this quarter

Irish stock market-listed office landlord Yew Grove - which has offices and industrial buildings in Dublin, Cork Airport, and Waterford IDA Park -- said it performing well in the Covid-19 economic storm in having collected almost all of the rent due from its company tenants.

However, Yew Grove -- which as so-called Reit enjoys favourable tax status -- has around a third of its buildings leased to Irish government agencies and over half to multinationals, areas which have been little affected by the Covid-19 fallout. It also has little exposure to non-food retail tenants in the shops that it leases out.