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Atlantic Leaf buys UK industrial property

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Real estate company takes a bet on property that services vehicle manufacturing

UK real estate company Atlantic Leaf Properties says it has completed the acquisition of an industrial property, Koito, in Droitwich Spa, UK, from Telereal Droitwich for £11.9m.

“The acquisition … supports the company’s strategy to further concentrate its investment focus on the industrial sector,” the company said. Koito has been manufacturing vehicle components for more than 20 years for customers including Nissan, Suzuki, Toyota and Peugeot.

 

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