Sentences with phrase «leased it back in»

Port Authority had signed a lease back in 2000 with Empire State Development to use the space in the transformed building (which would be known as Moynihan Station) for 35 years, and pay $ 10.5 million each year.
Under the Master Lease Agreement, Etisalat sold its tower assets to IHS, which in turn leased them back in exchange for lease rentals.
That was the strategy of Polar Plastics, which sold its headquarters and manufacturing center to W.P. Carey and leased it back in a 20 - year, triple - net lease.

Not exact matches

Also in November, Singapore Airlines handed over the very first A380 into service back to the leasing company that owns it.
In 2007, The Laljis» company, Larco Group, struck a $ 1.7 - billion deal with the federal government to buy and then lease back seven Ottawa office buildings; the CBC reported in 2015 that the arrangement has been plagued by years of disputes between the two parties, including acrimony over repairs, contract tendering and even parking feeIn 2007, The Laljis» company, Larco Group, struck a $ 1.7 - billion deal with the federal government to buy and then lease back seven Ottawa office buildings; the CBC reported in 2015 that the arrangement has been plagued by years of disputes between the two parties, including acrimony over repairs, contract tendering and even parking feein 2015 that the arrangement has been plagued by years of disputes between the two parties, including acrimony over repairs, contract tendering and even parking fees.
Strong demand from overseas investors has led companies including Lloyds Banking Group Plc and KPMG to sell and lease back their London headquarters in the past year.
For a business that owns expensive equipment or machinery outright, one option is to find a lender who will buy the equipment for a lump sum and then lease it back to the business, in what's called a sale - leaseback.
She signed her own gas lease to allow fracking on the farm near Ulster, pocketing $ 13,600 starting back in 2006, but no company drilled on her land.
HBC (TSX: HBC) also said it completed the sale and lease back of its Queen Street flagship store and Simpson Tower office complex in Toronto for a purchase price of $ 650 million and used most of the net proceeds to reduce debt.
The company said it would sell back the leases to stores at Vancouver's Pacific Centre, Calgary's Chinook Centre and Ottawa's Rideau Centre to landlord Cadillac Fairview for $ 170 million and vacate the premises in less than seven months.
Instead of sulking, instead of backing out, Eiffel shrewdly arranged to pay for the remaining $ 1.3 million himself — in exchange for a 20 - year lease and control over some of the pavilion near the tower.
A major mall anchor for decades, last month's announcement that the department store would be selling back the leases on many of its biggest locations, including its flagship store in Toronto's Eaton Centre, doesn't make Sears's future seem very rosy.
In many cases, Sears has leased back stores it sold.
The discipline of investing in this asset class requires some knowledge of specialization; e.g., rental houses have different economic characteristics and rents than industrial warehouses, storage units, office buildings, or lease - back transactions.
A Dominion Lending Centres leasing professional can help you in discovering multiple ways to structure lease financing for new equipment, a sale - lease back to extract capital from existing assets, or solve other equipment acquisition opportunities.
Sotheby's International Realty had sold the building to RFR Holding Corp. for $ 175 million in 2002 to help pay off regulatory fines, and then leased the property back.
Fill out our secure online application or download our lease application in PDF format and send it back to us.
Uber had founded Xchange Leasing back in 2015, aiming to lease vehicles to drivers who wanted to join Uber without bringing their own cars to the service.
Rio Tinto has also moved to scale back direct involvement in livestock production on its pastoral leases in the Pilbara.
Alitalia, Italy's perpetually bankrupt flag carrier (literally: the company is presently under bankruptcy protection... for the third time in under a decade) sold all of their aircraft to raise some quick cash, then leased them back at not exactly favorable conditions.
A key reason we started following coworking back in 2007 was it provided a flexible alternative to the traditional long term commercial office lease.
If they once owned their own stores, they sold them to raise money and leased them back from the new landlord, or they mortgaged them to the hilt and in case of a default, the lender takes possession of them.
That will provide the cannabis growers and sellers with plenty of capital; the REIT, in turn, will offer the cannabis companies lease - back deals so no one has to move.
It provides other financial services through its subsidiaries engaged in various businesses, including wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing services, investment advisory services, mortgage - backed securities servicing and venture capital investment.»
There's also people out there in the esteem of giving power back to the people of allowing you to earn money on things you have to lease out.
Sprint is looking to raise $ 1.1 billion in cash proceeds through the sale and lease - back deal.
For the first time, Tesla securitized its leases, raising $ 546 million earlier this month in securitized notes backed by Model S and X lease payments.
FVE's $ 2.3 billion in lease obligations, equivalent to $ 1.2 billion in debt, were added back to invested capital.
It says it should be entitled to get its $ 1 million deposit back with interest in the event the transfer of the lease doesn't go ahead.
Nothing about the «world - class infrastructure» now being flogged for cents in the dollar, if it hadn't been sold and leased back already.
«It's a sale and lease back and ultimately they'll pay for that one way or another in higher concentrate rates and lower advertising spend.»
I do not think we can say the same thing of Alex Oxlade - Chamberlain, though, despite the boss saying a lot of good things about the dynamic England international and despite the fact that he seems to have found a new lease of life as a wing back in Wenger's new three at the back formation.
Then proceeded to get a new lease of life in Greece, helping his Athens side to a domestic double and is still playing today at age 35 back in Brazil with Gremio.
24 - year - old Westfalenstadion star Gundogan has struggled with injuries in recent seasons but is now back near his very best and enjoying a new lease of life under new Dortmund boss Thomas Tuchel.
According to The Mirror, the Gunners graduate could earn a new lease of life in England with Tony Pulis keen on luring the full - back to the Hawthorns.
In the meantime, he added, the site may be either maintained as grassland or leased back to the farmer who is selling the property.
This popular TV series — based in the 50s — has given a new lease of life to classic baby names with Cynthia, Jenny, Trixie and Camilla all getting a little revival off the back of the show.
The site was bought by the Park District in 1997 and then leased back to William Muetze, who has been using it as a tree farm.
Being so high on the list means it's has the most of that in it... I'm stuck in a rural area without a good supply of formula for my son (it was suppose to be a day trip but the snow is too deep to get back home), I will be using this at lease until I can get back home.
The Post reported back in August that Jacobs, who owns several successful summer camps, has signed a drilling lease with Hess for some on some 140 acres of land at his Tyler Hill camp, just over the border from New York's Catskill Mountains.
The Research Foundation for SUNY, which oversees nearly $ 1 billion in grants at SUNY schools, had to go back and correct its 2015 financial statements — to the tune of almost $ 250 million — after it uncovered a problem with a lease at SUNY Polytechnic Institute in Albany.
The Authority backed out of a lease in the James A. Farley Post Office, temporarily throwing a wrench into part of Cuomo's plans to pay for the project.
Governor Andrew Cuomo's $ 3 billion planned overhaul of Penn Station and James A. Farley Post Office received a setback Tuesday when the Port Authority of New York and New Jersey announced that it was backing out of leasing a 40,000 square foot space in the post office building, The Real Deal reported.
Port Authority signed a deal with Empire State Development back in 2000 to lease 40,000 square feet of space at the redeveloped James A. Farley post office building which will be known as Moynihan Station after the overhaul.
News of the lease back - out comes as Degnan publicly questions whether the agency should sell off real estate assets and refocus its priorities on the $ 20 billion Hudson River Tunnel and the $ 10 billion bus terminal in Midtown.
The Port Authority of New York and New Jersey on Thursday backed out of a lease in the James A. Farley Post Office, temporarily throwing a wrench into part of Gov. Andrew Cuomo's plans to pay for the project.
In February 2010, Trinity Real Estate terminated a 99 - year lease it had granted to Tribeca Associates back in 2007, when Tribeca Associates planned to convert the building into offices and a hotel, according to Crain's New York BusinesIn February 2010, Trinity Real Estate terminated a 99 - year lease it had granted to Tribeca Associates back in 2007, when Tribeca Associates planned to convert the building into offices and a hotel, according to Crain's New York Businesin 2007, when Tribeca Associates planned to convert the building into offices and a hotel, according to Crain's New York Business.
The ECIDA and Steuben have had a long relationship, dating back to 1983, when the company leased an agency - owned site at 1150 Maple Road, in Elma.
The Lands and Natural Resources Minister, John Peter Amewu, revoked Exton Cubic's exploration license for bauxite in the Tano Offin Reserve because they did not have some statutory documents to back the lease.
Eventually, the lease deal fell apart when the developer failed to purchase the property by the city's deadline and the owner did not pay more than $ 1 million in back taxes.
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