Atlantic Leaf’s investments are mainly held through subsidiaries in various jurisdictions which make commercial sense from tax or funding perspectives. Each new investment opportunity is evaluated by considering the following criteria: quality, location and durability of assets;
core sustainable income flows, existing and projected occupancy rates and tenant covenant strength;
opportunities for asset enhancement through active management;
rental yield spread relative to fixed rate borrowing costs and key valuation and financing metrics; and
proper evaluation of a multitude of risk factors, including security of income, tenant covenants, residual values, the physical condition of properties, loan-to-value and interest covenants and maturity profiles in respect of leveraged purchases.