On Admission, the Company acquired the Yew Tree Investment Fund plc with its property portfolio. This seed portfolio at acquisition had an aggregate value of approximately €25.9 million and a yield of 10%. The Executive Directors of the Company agreed to rollover their investment in the Fund into ordinary shares in the Company. The Directors intend to build a portfolio of properties which is focused on commercial real estate assets in Ireland, with a particular focus on office and industrial assets let to Irish government entities and other State Bodies, IDA Ireland supported and other FDI companies, and larger corporates.