Tuesday December 10, 2019

Yew Grove plans second cash call to boost equity

2nd December, 2018
Jonathan Laredo, one of the founding executives of Yew Grove

Yew Grove Reit, the publicly quoted Irish property investor, is expected to push ahead with a second cash call in the first quarter of next year once it has spent the €75 million it raised in 2018.

Market sources said they expect the investor to progress quickly to its target size of between €300 million and €500 million in equity. The company has appointed Goodbody Stockbrokers as its joint broker alongside Investec, who completed its initial...

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