Yew Grove REIT plc announced that it has agreed a 3 year floating rate loan facility with Allied Irish Banks, p.l.c. (AIB). The Facility is for up to €19.9 million and is within the loan to value target of 25%. set by the Board of Yew Grove and outlined in the Company's admission document. The Facility is secured on certain of Yew Grove's properties and is available to the company until December 2021. The Facility will be used to part finance the company's acquisition of properties and to enhance investment returns, including dividends to shareholders.