sale and leaseback


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Related to sale and leaseback: Sale and Leaseback Agreement

sale and leaseback

n. pl. sales and leasebacks also sale and leasebacks

lease•back

(ˈlisˌbæk)

n.
the sale of property to a buyer who then leases it back to the seller, who often becomes the principal tenant, thus providing substantial tax savings for both.
[1945–50]
References in periodicals archive ?
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.
20 July 2017 - A subsidiary of Guernsey-based hotel company PPHE Hotel Group Ltd (LSE: PPH) has closed the sale and leaseback of Park Plaza London Waterloo, the company said.
UK-based hotel, coffee shop and restaurant company Whitbread plc (LSE: WTB) has inked the sale and leaseback of its 389 room Hub by Premier Inn hotel in Kings Cross, London, the company said.
Software giant, CA, the firm founded by the owner of the New York Islanders ice hockey team, Charles Wang, has completed a $203 million sale and leaseback of its Long Island headquarters complex in Islandia.
FROZEN foods chain Iceland is understood to be considering a sale and leaseback deal on its store portfolio in a move to reduce its spiralling debt.
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.
Peter Yannotta, Steven Rich, John Warburton and Sam Horowitz, of Equis Corporation's Massachusetts and New Jersey offices, arranged the sale and leaseback transaction.
93-8, Accounting for the Sale and Leaseback of an Asset That Is Leased to Another Party, addresses the accounting by a seller-lessee for a sale-leaseback of personal property when