sale and leaseback


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Related to sale and leaseback: Sale and Leaseback Agreement

sale and leaseback

a transaction whereby a business (whether incorporated or not) sells a property (often its factory or offices) to raise capital and then leases it back at a rent from the purchaser.
References in periodicals archive ?
The sale and leaseback enables the group to release 65% of that value whilst retaining a long term lease, control of the operations and associated profits of the Hotel thereby keeping the remaining 35% within the group.
Whitbread said in April that it is planning to carry out sale and leaseback transactions this year with proceeds of GBP 100m to GBP 150m.
In 2000, Sainsbury's, which owned 65% of its property on a freehold basis, raised [pounds sterling] 566m from its first two sale and leaseback deals.
The sale and leaseback option could negate the need for Iceland to ask shareholders to soften its debt problem in the form of a rights issue, a move which could face difficulties because of continuing nervousness in the equity markets.
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.
But marketing director Ian McLernon said this week: "Most parties proposing a takeover were looking at sale and leaseback afterwards anyway, so we thought we might as well do it ourselves.
13 July 2016 - UK-based hotel, coffee shop and restaurant company Whitbread plc (LSE: WTB) has inked the sale and leaseback of its 389 room Hub by Premier Inn hotel in Kings Cross, London, the company said.
Market conditions are very favorable for tenants looking to sublease their space and those owners who are looking to raise capital through a sale and leaseback of their facilities.
A seller-lessee (Company A) enters into a real estate sale and leaseback transaction with an unrelated buyer-lessor (Company B).
represented CVS Corporation in the sale and leaseback of 163 of the company's properties to affiliates of Staubach Capital Partners of Dallas, Texas.
s sale and leaseback $16 million discount notes are affirmed at 'A+' by Fitch.
The company intends to repay US$20 million in short-term debt with proceeds from sale and leaseback transactions related to aircraft acquisition.