leaseback


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Related to leaseback: sale and leaseback, Sale and Leaseback Agreement

Leaseback

A transaction whereby land is sold and subsequently rented by the seller from the purchaser who is the new owner.

leaseback

a property transaction in which the buyer leases the property to the seller.
References in periodicals archive ?
Another advantage to a sale or sale leaseback is for the retailer looking for an existing strategy in selling the business.
FROZEN foods chain Iceland is understood to be considering a sale and leaseback deal on its store portfolio in a move to reduce its spiralling debt.
If the real property has been in service for many years, a sale and leaseback could generate a much larger rental expense deduction for the corporation than its current depreciation deduction.
Against the backdrop of investors seeking to plough unprecedented amounts into the region's property market there has never been a better time for businesses to realise the value of their property assets through a tailored sale and leaseback.
A wide selection of leaseback properties are available to purchase in sought after locations such as Sainte Foy, Avoriaz, Megeve, Marseille and Biarritz through Experience International.
Bowles adds that, "the ability to fund and close a portfolio sale- leaseback quickly and increase flexibility are driving this trend.
Unwins is now rumoured to be close to a sale and leaseback deal with a major investment bank.
The regulations apply retroactively, however, to any disqualified leaseback and long-term agreements entered into after June 3, 1996.
Mullen: Sale-manageback developed partly as a result of REITs, which are forced to do a sale leaseback because of REIT requirements, pulling out of the market, and partly because public longterm care companies saw sale-manageback as a way of improving their stock values by getting their real estate properties off their books.
If the rental agreement is a disqualified leaseback or long-term agreement that has increasing or decreasing rents, a principal purpose of which is tax avoidance, the fixed rent for each rental period is redefined as the constant rental amount.