Office landlord Yew Grove predicts investment recovery will accelerate

The real estate investment trust collected €5.6m in rents in the first half of 2021, significantly up on last year's reciepts

Yew Grove's extensive portfolio — its clients are mainly multinationals and government agencies — includes commercial properties close to Cork Airport. Picture: Richard Mills.

Office landlord Yew Grove Reit — which includes industrial and offices close to Cork Airport — predicted it will likely tap any investment rebound even as the Delta variant delays a return to office working.  

It collected total net rents of €5.6m in the first six months to the end of June, up from almost €5.3m last year at the height of the pandemic, saying it successfully collected almost 100% of all its rents in the recent period.