UK-invested Atlantic Leaf Properties has strategically positioned itself to own commercial properties in light industrial nodes in Britain and is achieving strong results. The company grew its total dividend for the year to February by 21% and moved its South African primary listing from AltX to the main board of the JSE, according its results announcement on Tuesday. "Light industrial properties such as warehouses are proving to be very strong assets for us. "There is growing demand from blue-chip tenants who sell goods online," said CEO Paul Leaf-Wright. Atlantic Leaf grew its portfolio of industrial and office properties across the UK 51% over the financial year. "The market in which we operate has been strong and to date largely unaffected … by Brexit. I am confident that there are good acquisition opportunities and will continue to seek out transactions," Leaf-Wright said. Sustained low interest rates in the UK allowed the company to leverage acquisitions at relatively low rate...
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