As trading drew to a close at the end of the week, Irish real estate investor Yew Grove REIT confirmed that its equity fundraise announced earlier in the day had surpassed its target.
The company said this morning that it has a near-term pipeline of seven office and industrial acquisitions valued at €72m (£62m) and set out to raise €10m from a new share sale to part-fund the next deals. The raise ultimately secured €12.7m.
The day’s biggest share price rises in real estate came from Drum Income Plus REIT, up by 9% at 60p; Aberdeen Standard European Logistics Income, rising by 5.7% to a near-all-time high of 121p; and Henry Boot, up by 4.7% at 288p.
The sharpest fall was posted by Plaza Centers, dropping by 6% to 30.5p.
The FTSE 100 closed at 7,019, up 0.5%. The FTSE 250 ended trading up 0.2% at 22,522.
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