British firm plans €100m Irish Reit

Company records filed last week show that a newly founded outfit, Yew Grove Reit, sold almost 25 million shares to Yew Tree Investments, a company linked to Bristol based Peak Capital Advisors, for just under €25,000

Charles Peach, who is also a principal at Yew Tree Investments

A British firm that spent millions quietly assembling a portfolio of Irish commercial property over the last four years is closing in on a €100 million public flotation.

Company records filed last week show that a newly founded outfit, Yew Grove Reit, sold almost 25 million shares to Yew Tree Investments, a company linked to Bristol based Peak Capital Advisors, for just under €25,000.

A Reit is a Real Estate Investment Trust, a ...