Sale and leaseback
is not a complex concept, but not everyone knows that this course of action is available to them.
"Sale and leaseback
was a trend three or four years ago when times were really good and property values were buoyant.
Banks will lend around 70% of the vacant possession value whilst a sale and leaseback
structure can realise 100% of the investment value, hence releasing what could be double the amount of cash into the business.
Due to GWK's continued expansion, further investment in the plant and machinery was required and Lambert Smith Hampton's Cardiff and West End investment teams were instructed to secure a disposal of both properties by way of sale and leaseback
transaction and concluded the transaction to London based investment company The Skelton Group for a price approaching pounds 14 million.
One strategy that could provide tax and financial advantages to both a corporation and its controlling shareholder is a sale and leaseback
of real property in which the corporation sells real estate with a building on it to the shareholder, who, in turn, leases both back to the company.
Gupta, Atul and Lalatendu Misra (1986), Sale and Leaseback
Arrangements and Enterprise Valuation - A Revisit, Working paper, University of Minnesota/UT at San Antonio.
The temporary difference attributable to the deferred gain on a sale and leaseback
transaction should be scheduled to result in deductible amounts based on the amount of the deferred gain expected to be recognized in income in each future year.
TOP Ships announced that it entered into a sale and leaseback
agreement and a 5 year time charter with Cargill International SA on June 29, 2018, a leading vessel operator and freight-trading business in the bulk shipping sector, for its newbuilding vessel Hull No 8242 currently under construction at Hyundai Mipo Dockyard Co., South Korea.
Dubai Investments this week led a consortium to fully acquire Kent College Dubai via its subsidiary Al Mal Capital in a sale and leaseback
transaction, highlighting the growing investor appeal of the Gulf's education sector.
11 August 2017 - UK-based electronic and physical security systems provider Newmark Security plc (AIM: NWT) has exchanged contracts for a sale and leaseback
arrangement for a new business premises in Poole, Dorset that the company acquired in May, the company said on Friday.
UK-based hotel, coffee shop and restaurant company Whitbread plc (LSE: WTB) has closed the sale and leaseback
of its 389 room Hub by Premier Inn hotel in Kings Cross, London, the company said.
Cushman & Wakefield represented Verizon on the $344 million sale and leaseback
of its 1.15-million-square foot campus in Irving, TX.