Noted for its eccentric appearance, Velvet Leaf Kalanchoe also known as Felt Bush is a bushy, Often tree-like perennial succulent, with velvety triangular to lance-shaped, broad green leaves that turn ruby- red in winter. The leaves are thick and heavy with irregularly lobed margins.Grown in a slightly shaded position, the leaves will be green with red edging. In full sun or cold weather the leaves turn an unusual dark wine red.