Listed commercial property company Yew Grove Reit says its rent collections in the fourth quarter are effectively 100pc. This follows from quarter two and quarter three collections of 97pc and 98pc respectively. Yew Grove says it has agreed temporary rent holidays for non-food retail businesses, accounting for around 1pc of rent roll. In addition, the company agreed a rent deferral for a tenant that had been affected by the suspension of non-Covid related hospital treatments. Jonathan Laredo, CEO of Yew Grove, said: "The strength of our tenants and the company's rent collections and asset management underpin the company's quarterly dividends, which have risen throughout 2020 despite the pandemic.

Source: Irish Independent October 12, 2020 07:52 UTC