Atlantic Leaf Properties, the Mauritius-based real-estate Company listed on the Stock Exchange of Mauritius acquired $156.5 million worth of assets in the United Kingdom. “The transaction falls in line with the firm’s main objective to invest in real estate assets of quality and with profitable returns for investors, revenues that grow in the long run, as well as secured capitals,” says the statement disclosing the information.

The newly acquired assets include six industrial properties, three of them with leased office space. Average profitability expected from the investment is 6.5% per annum, and the lease extends over 12 years and a half average. Asides acquiring these assets, Atlantic Leaf also proceeded to a £49.6 million ($71 million) private securities offering.

With this, the JSE-listed firm should attract investors seeking for profitable investments. In fact, the battle for positioning has already begun with administrators who, in their own name or on behalf of institutional investors, acquired more than £900,000 worth of securities.

Idriss Linge