BNET Business Dictionary
Business Definition for: Sale And Leaseback
- the sale of an asset, usually buildings, to a third party that then leases it back to the owner. It is used by a company as a way of raising finance.
- Also known as Renting Back
Additional Resources
- 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 ...
- Research articles 2007-04-02
- Deep Sea Supply Plc signs new sale and leaseback agreement with Ship Finance International Ltd
- NORDIC BUSINESS REPORT-7 November 2007-Deep Sea Supply Plc signs new sale and leaseback agreement with Ship Finance International LtdC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Cyprus-registered Norwegian-controlled offshore supply vessels operator Deep Sea Supply Plc said on Wednesday (7 November) that it has signed a new sale and leaseback agreement with...
- Research articles 2007-11-07
- SEGRO PLC - Sale and Leaseback in Munich.
- 21 December 2007 SEGRO ENTERS MUNICH MARKET WITH EUR113m SALE AND LEASEBACK Giving SEGRO over one million square metres in Germany ...
- Research articles 2007-12-21
- Hilton intent on another sale and leaseback deal to cut debt
- Byline: JAMES DALEY HILTON Group, the UK hotel and gaming operator, is looking to negotiate another substantial sale and leaseback deal on a portfolio of its hotels next year in a bid to continue paying down its debt. The deal is expected to be a similar...
- Research articles 2002-11-24
- SINGAPORE AIRLINES: Singapore Airlines signs sale-and-leaseback agreement.
- M2 PRESSWIRE-25 May 1999-SINGAPORE AIRLINES: Singapore Airlines signs sale-and-leaseback agreement C1994-99 M2 COMMUNICATIONS LTD RDATE:250599 Singapore Airlines SIA recently completed an agreement with Lease Holding III Pte Ltd to sell and leaseback a Boeing 747-400 aircraft for a period of nine...
- Research articles 1999-05-25
- SINGAPORE AIRLINES: Singapore Airlines signs sale and leaseback agreement.
- M2 PRESSWIRE-7 April 1999-SINGAPORE AIRLINES: Singapore Airlines signs sale and leaseback agreement C1994-99 M2 COMMUNICATIONS LTD RDATE:060499 Singapore Airlines SIA recently completed an agreement to sell and leaseback a Boeing 747-400 aircraft with C.A.T. Air LLC, an entity set up for...
- Research articles 1999-04-07
- Britain's Hilton Group Plans Another Sale-and-Leaseback Deal.
- By James Daley, Sunday Business, London Knight Ridder/Tribune Business News Nov. 24--Hilton Group, the UK hotel and gaming operator, wants to negotiate another substantial sale-and-leaseback deal on a portfolio of its hotels next year in a bid to continue paying down its debt....
- Research articles 2002-11-24
- Sainsbury extends sale and leaseback
- J SAINSBURY has struck a sale and leaseback deal on a further 10 stores, raising pounds 226m to invest in its key supermarkets business. The deal with Morgan Stanley Dean Witter and Asset Trust follows a similar pounds 340m sale and leaseback deal on 16 stores in February. ...
- Research articles 2000-07-26
- Seadrill Ltd signs rig sale and leaseback agreement with Ship Finance International Ltd
- NORDIC BUSINESS REPORT-12 January 2007-Seadrill Ltd signs rig sale and leaseback agreement with Ship Finance International LtdC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian-controlled offshore drilling contractor Seadrill Ltd announced on Friday (12 January) that it has signed a sale and leaseback agreement for the jack-up drilling rig newbuild West Prospero...
- Research articles 2007-01-12
- NABARRO NATHANSON: Nabarros advises Land Securities onon sale and leaseback of IBM Building on South Bank.
- 3 M2 PRESSWIRE-15 November 1999-NABARRO NATHANSON: Nabarros advises Land Securities on GBP61m sale and leaseback of the IBM Building on South Bank C1994-99 M2 COMMUNICATIONS LTD3 RDATE:151199 Nabarro Nathanson has just advised Land Securities PLC on the sale...
- Research articles 1999-11-15
- Tesco in sale and leaseback
- BRITAIN'S biggest supermarket chain Tesco has raised pounds 308m from two sale and leaseback deals. It has sold three Tesco stores into a pounds 199m joint venture with the separately run Tesco Pension Scheme, which will take a 50% stake. Another...
- Research articles 2008-12-01
- Sony Europe Completes Pan-European Sale and Leaseback Deal With Macquarie Global Property Advisors.
- BERLIN, Germany, March 27 /PRNewswire/ -- Sony Europe and Macquarie Global Property Advisors MGPA have completed an agreement for the sale and leaseback of eight office and logistics properties currently owned by Sony for EUR121.1 million. BERLIN, Germany, March 27...
- Research articles 2006-03-27
- Court ruling could boost sale-and-leaseback deals.
- Apr 11, 2002 The Australian Financial Review ABIX via COMTEX -- An historic court ruling has effectively made property sale and leaseback deals tax deductible. In February 2002, the High Court of Australia rejected an appeal by the Australian Taxation Office ATO over two...
- Research articles 2002-04-11
- Rank in sale and leaseback deal
- Rank Group announced it has agreed a 172m [pounds sterling] transaction with Earth Estates and Solarus Estates for the sale and leaseback of 43 of its UK properties. The agreement includes the 211m [pounds sterling] sale and leaseback of 40 Mecca bingo clubs and four Grosvenor casinos. Rank...
- Research articles 2006-08-01
- [628] Sale and leaseback arrangements.
- Byline: Paul Stacey Apr 19, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO has issued TR 2006/D5 on sale and leasebacks. The ATO states in the document that Division 240 of the Income Tax Assessment Act...
- Research articles 2006-04-19
- KAR Holdings, Inc. Announces Sale and Leaseback Transaction
- CARMEL, Ind. -- KAR Holdings, Inc. announced today the completion of the sale and leaseback of land at seven used vehicle auctions located in the states of California, Florida, Texas and Washington. The company received net cash proceeds of approximately $73.1 million from the sale of the land. The transaction...
- Research articles 2008-09-09
- Unilever could cook up a [pounds sterling]157m sale and leaseback; An ice move by Eva Longoria
- Byline: Rupert Steiner THE consumer goods giant behind Dove and Magnum icecream is consideringbecoming one of the first firms to stage a sale and leaseback of a householdbrand. Unilever, which reported bumper first quarter results by passing price hikes onto customers, is 'considering strategic options' for...
- Research articles 2008-05-09
- Appliance Recycling Centers of America Completes the Sale and Leaseback of Minneapolis Corporate Office Building
- MINNEAPOLIS, Oct. 1 /PRNewswire-FirstCall/ -- Appliance Recycling Centers of America, Inc. today announced that it has completed the sale and leaseback of its Minneapolis corporate office building. The sale of the building provided approximately $2 million in cash to the Company after repayment of the mortgage....
- Research articles 2009-10-01
- Hirsch International Announces Sale and Leaseback of Facility through Brandywine Realty Trust
- Business Editors HAUPPAUGE, N.Y.--BUSINESS WIRE--March 12, 2001 Hirsch International Corp. (Nasdaq: HRSH) and Brandywine Realty Trust (NYSE: BDN) today announced the completion of a sale and leaseback of Hirsch's headquarters facility in Hauppauge, NY. The sale of the 50,000 square foot facility located on 5.5 acres of land...
- Research articles 2001-03-12
- SDRL - New sale and leaseback transactions with Ship Finance totalling US$1.7 billion and extraordinary dividend of US$0.30 per share
- Seadrill Limited and Ship Finance International Limited have agreed a combined sale and leaseback arrangement whereby Seadrill sell the ultra-deepwater semi-submersible rigs West Hercules and West Taurus for a total consideration of US$1.7 billion and simultaneously lease the units for a 15-year period. The up front cash contribution from the...
- Research articles 2008-09-16
