Leaseback: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Leaseback

Wiktionary Definition for: Leaseback

  • #The financial transaction where a person leases something, and then before the lease expires themself lease it from the person they leased it to. This allows the leaser out of the contract.

Additional Resources

Unilever completes $87m sale-leaseback transaction
Cushman & Wakefield announced the completion of the $87.5 million sale and leaseback of Unilever's headquarters for the Home and Personal Care group at 33 Benedict Place in downtown Greenwich, Conn.
Tags: Unilever PLC
Research articles 2005-07-13
Sovereign Investment Company Completes $72.3M in Sale/Leaseback Transactions for Rite Aid Corporation
PRINCETON, N.J. -- Sovereign Investment Company, one of the largest and fastest growing private equity investors providing sale/leaseback capital, today announced it has completed a total of $72.3 million in sale/leaseback transactions for Rite Aid Corporation in the past 12 months.
Tags: Rite Aid Corp.
Research articles 2006-04-28
The Seller's Market for Sale-Leasebacks
High real estate prices and low interest rates have combined to make sale-leaseback financing as attractive as ever. For the past year or so, investors across the board have been re-evaluating their commitments to the stock and bond markets, sizing up alternative investments, and pumping money into real estate. Sale-leaseback...
Tags: Finance, Business Operations, Investment, Real Estate, Investor, Seller, Lease, Bond
White papers 2003-05-01
SR Telecom Reaches Agreement to Sell and Leaseback Montreal Facility
SR Telecom (TSX: SRX), a leading vendor of broadband wireless access solutions through its WiMAX-certified symmetryTM products, today announced that it has entered into a binding agreement for the sale of its property and building in Montreal to a Toronto-based real estate investment firm for proceeds of approximately $8.6 million....
Tags: agreement, Company
Research articles 2007-03-29
Spirit Finance Corporation Completes $56 Million Sale/Leaseback Transaction with CarMax, Inc
SCOTTSDALE, Ariz. -- Spirit Finance Corporation (NYSE:SFC), a real estate investment trust focused on single tenant, operationally essential real estate, announced that it completed a $56 million sale/leaseback transaction with CarMax, Inc. (NYSE:KMX) on June 30, 2005. This transaction is part of the over $1.0 billion in sale/leaseback and mortgage...
Tags: CarMax Inc.
Research articles 2005-07-13
Mintz Levin Advises CVS Corporation in Largest Retail Sale Leaseback in US History
BOSTON -- Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., a full-service, 450-lawyer AmLaw 100 firm with offices throughout the U.S. and in the U.K., announced that it represented CVS Corporation (NYSE: CVS), the nation's largest pharmacy chain, in an historic $1.3 billion sale leaseback transaction - the largest retail...
Tags: CVS Corp.
Research articles 2006-12-14
Tyco Capital Aerospace. (Leasing & Finance Briefs).(sole/leaseback with China Southern Airlines)(Brief Article)
Tyco Capital Aerospace inked a sole/leaseback deal with China Southern Airlines for an A320-200 ... Tyco Capital Aerospace inked a sole/leaseback deal with China Southern Airlines for an A320-200 powered by V2527-A5s. Virgin Blue leased an ex-Ansett 737-300 from the Australian unit of Tyco....
Tags: aerospace, leasing, Tyco International Ltd.
Research articles 2001-12-01
UK retailer plans sale-leaseback.(Tesco selling stores to joint venture group)(Brief Article)
U.K. food retailer Tesco plans to finance a sale-leaseback transaction with a large commercial MBS offering. U.K. food retailer Tesco plans to finance a sale-leaseback transaction with a large commercial MBS offering.
Tags: retail company, Tesco
Research articles 2004-03-26
Candlewood Announces Sale-Leaseback Agreement With Hospitality Properties Trust
WICHITA, Kan.--BUSINESS WIRE--Nov. 20, 1997--Candlewood Hotel Co. Inc. (NASDAQ NM:CNDL) today announced that it has entered into a sale-leaseback agreement with Hospitality Properties Trust (NYSE:HPT).
Research articles 1997-11-20
Health Net Engages in Sale-Leaseback Transaction Involving Its Connecticut Office Campus
LOS ANGELES -- Health Net, Inc. (NYSE:HNT) today announced that it has entered into an agreement with the Dacourt Group to sell its 68-acre commercial campus in Shelton, Conn., home to its Northeastern headquarters, in a sale-leaseback transaction valued at approximately $90 million.
Tags: Microsoft Office
Research articles 2007-02-23
Pizza Hut Franchisee Completes Sale-Leaseback with GE Commercial Finance
SCOTTSDALE, Ariz. -- Restaurant Resources, owner of 16 Pizza Hut franchises, recently completed a sale-leaseback deal valued at $7 million with GE Commercial Finance, Franchise Finance GEFF.
Tags: finance, General Electric Co., Pizza Hut
Research articles 2004-12-15
Cable & Wireless PLC - Cable & Wireless in sale and leaseback agreement.
Cable & Wireless in sale and leaseback agreement with British Land Cable & Wireless announces that it has today completed a 25 year sale and leaseback agreement with British Land of a portion of its property portfolio. The deal cove ...
Tags: agreement, Cable and Wireless Plc.
Research articles 2007-04-02
Commercial R.E. Firm Bentley Forbes Closes Two Purchase/Leaseback Deals Worth $28 Million
LOS ANGELES--BUSINESS WIRE--Aug. 13, 1998--The Bentley Forbes Group LLC Thursday announced that on July 31 it completed the purchase/leaseback of two properties -- one located in Southern California, the other in Boston -- worth nearly $28 million combined.
Tags: Forbes
Research articles 1998-08-13
DineEquity, Inc. Completes Sale-Leaseback of 181 Applebee's-Owned Restaurant Locations, Enables $303 Million Reduction in the Company's Funded Debt
DineEquity, Inc. (NYSE: DIN), franchisor and operator of Applebee's and IHOP restaurants, today announced the completion of a sale-leaseback transaction for 181 Applebee's company-owned restaurant locations with an entity majority owned by affiliates of Drawbridge Special Opportunities Fund LP, Drawbridge Real Assets Fund LP and Cardinal Capital Partners. Drawbridge...
Tags: Applebee's, tax
Research articles 2008-06-17
Pizza Hut franchisee closes sale-leaseback deals totaling $15.3m
WAUWATOSA, WIS. -- PH Hospitality Group LLC, the largest Pizza Hut franchisee in Wisconsin, completed late last year sale-leaseback transactions covering 20 Pizza Hut units and totaling $15.3 million with Sovereign Investment Co.
Tags: Pizza Hut
Research articles 2008-01-14
PharmaNet Development Group, Inc. Announces Sale-Leaseback of Quebec City Facility
PRINCETON, N.J. -- PharmaNet Development Group, Inc. (NASDAQ: PDGI), a leading provider of drug development services, today announced the sale-leaseback of its future Quebec City facility new facility that is currently under construction.
Research articles 2006-10-18
To Sell and Lease Back? Or Not?
When should a corporation raise cash by selling and leasing back real estate? While there are no textbook reasons to sell and lease back property, there is one reason for a company to sell and lease back real estate : when it is the most sensible option for raising capital...
Tags: Business Operations, Real Estate, FMLink Group LLC
White papers 2003-01-01
Bioanalytical Systems, Inc. Announces Delay of Sale-leaseback of Baltimore Facility
WEST LAFAYETTE, Ind. -- Bioanalytical Systems, Inc. (Nasdaq:BASI) today announced that it has been notified by the firm with which it had reached an agreement in principle for the sale and leaseback of its Baltimore building that the potential buyer is exercising its right to withdraw from the transaction on...
Tags: agreement
Research articles 2004-09-22
Apple Sauce Completes Sale-Leaseback with GE Commercial Finance
SCOTTSDALE, Ariz. -- Apple Sauce, Inc., owner and operator of 70 Applebee's Neighborhood Bar & Grill Restaurants, in Indiana, Ohio, Florida, and Illinois, recently completed a sale-leaseback deal with GE Commercial Finance, Franchise Finance GEFF. The deal includes 10 Applebee's locations in the Midwest and is valued at $19.5MM.
Tags: Apple Inc., finance, General Electric Co.
Research articles 2004-11-04
G-P completes sale-leaseback.(Georgia-Pacific Corp. deal involves 38 warehouse facilities)(Illustration)
Georgia-Pacific Corp. (G-P), Atlanta, has completed the sale-leaseback transaction associated with the previously announced sale of a controlling 60 percent interest in Unisource Worldwide Inc. to Bain Capital. The transaction is valued at approxim Georgia-Pacific Corp. (G-P), Atlanta, has completed the sale-leaseback transaction...
Tags: Georgia-Pacific Corp.
Research articles 2003-01-04
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