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sale and leaseback

   Also found in: Financial, Acronyms 0.01 sec.
sale and leaseback
n. pl. sales and leasebacks
See leaseback.


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LLC announced that two of its publicly held non-traded REIT affiliates CPA[R]: 16-Global and CPA[R]:--17 have provided $90 million in alternative long-term financing for supermarket giant, Tesco plc, through the sale and leaseback of Tesco's Hungarian logistics portfolio.
HSBC and (Spanish property group) Metrovacesa have agreed that HSBC will secure the title of its global headquarters at 8 Canada Square in London, superseding the existing sale and leaseback agreement between the parties," a statement said.
As a result, businesses are now increasingly turning to sale and leaseback solutions to unlock value in their occupational property as a means to raise finance.
 
 
 
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