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
- 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
- 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
- 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
- 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
- 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
- Hilton in sale and leaseback (pounds) 300m deal
- HILTON Group plans to negotiate a sale and leaseback deal worth up to pounds 300 million for a portfolio of around 10 hotels, following the success of an earlier pounds 312m deal with Royal Bank of Scotland. Hilton chief executive David Michels said a deal had been...
- Research articles 2001-12-16
- EPL Technologies Completes Sale and Leaseback of Spanish Facility for Approximately $5 Million
- PHILADELPHIA--BUSINESS WIRE--Aug. 5, 1999-- EPL Technologies, Inc. (Nasdaq: EPTG) today announced that the Company completed the sale and leaseback of the land and buildings at its Spanish trading subsidiary, Fabbri Artes Graficas Valencia S.A., in an arms length transaction with an unrelated third party. The Company received gross proceeds,...
- Research articles 1999-08-05
- Engine Lease Finance Corporation enters into sale and leaseback agreement with Gulf Air for seven aero engines.
- M2 PRESSWIRE-28 October 2004-Engine Lease Finance Corporation: Engine Lease Finance Corporation enters into sale and leaseback agreement with Gulf Air for seven aero enginesC1994-2004 M2 COMMUNICATIONS LTD RDATE:10282004 Engine Lease Finance Corporation ELF and Gulf Air, the national airline of...
- Research articles 2004-10-28
- Alimentation Couche-Tard Inc. entered into a sale and leaseback transaction, through its subsidiaries Circle K Stores Inc. and Mac's Convenience Stores LLC, with Cole Capital relating to 83 properties sold for total gross selling price of US$131.4 million
- ALIMENTATION COUCHE-TARD INC. entered into a sale and leaseback transaction, through its subsidiaries CIRCLE K STORES INC. and MAC'S CONVENIENCE STORES LLC, with COLE CAPITAL relating to 83 properties sold for total gross selling price of US$131.4 million. The sold properties are located in several states....
- Research articles 2008-01-07
- SDRL - US$850 million sale and leaseback transaction with Ship Finance
- Seadrill Limited and Ship Finance International Limited have agreed a sale and leaseback arrangement whereby Seadrill sells the ultra-deepwater drillship West Polaris for a consideration of US$850 million and simultaneously lease the unit for a 15-year period. Seadrill has under the arrangement six options to repurchase the unit during...
- Research articles 2008-05-19
- a21 Inc., Jacksonville, Fla., completed the sale and leaseback of the Jacksonville, Fla., headquarters of its SuperStock Inc. subsidiary for $7.5 million.(Industry notes)(Mergers And Acquisitions)(Brief Article)
- a21 Inc., Jacksonville, Fla., completed the sale and leaseback of the Jacksonville, Fla., headquarters of its SuperStock Inc. subsidiary for $7.5 million. a21 is a digital content marketplace for the professional creative community. SuperStock has been in the stock image industry for 30 years and currently...
- Research articles 2004-07-14
- Deep Sea Supply Plc signs USD198.5m ship sake and leaseback deal with Ship Finance International Limited
- NORDIC BUSINESS REPORT-10 August 2007-Deep Sea Supply Plc signs USD198.5m ship sake and leaseback deal with Ship Finance International LimitedC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Cyprus-registered Norwegian-controlled offshore supply vessels operator Deep Sea Supply Plc announced on Friday (10 August) that it has signed a heads of agreement for a...
- Research articles 2007-08-10
