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.


At 8:44am: [LON:YEW] Yew Grove Reit Plc Ord Shs Eur0.01 share price was 0p at 0.86p



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