Leasing

Global Machinery Leasing Market Report (2021 to 2030) - COVID-19 Impact and Recovery - ResearchAndMarkets.com

Monday, March 1, 2021 - 10:09am

Asia Pacific was the largest region in the global machinery leasing market, accounting for 37% of the market in 2020.

Key Points: 
  • Asia Pacific was the largest region in the global machinery leasing market, accounting for 37% of the market in 2020.
  • North America was the second largest region accounting for 30% of the global machinery leasing market.
  • Africa was the smallest region in the global machinery leasing market.
  • The increasing number of start-ups is also expected to positively impact the market.

Auditing Shows That Two-Thirds of Retailers Misreport Sales to Landlords, Reveals The Lamy Group

Friday, February 26, 2021 - 12:00pm

The lease "gross sales" definition sets the parameters and ground rules for the retailer or restaurant merchant to follow when reporting sales.

Key Points: 
  • The lease "gross sales" definition sets the parameters and ground rules for the retailer or restaurant merchant to follow when reporting sales.
  • Misreporting sales can give landlord a false picture of the state of the retailer's and a retail asset's health.
  • In addition, most leases require retailers and restaurants to pay a percentage of their sales above a certain breakpoint in additional rent.
  • The Lamy Group is an international financial management consulting firm of certified public accountants, MBAs and other professionals.

FCPT Announces Acquisition of a Firestone Property for $3.5 Million

Tuesday, February 23, 2021 - 9:05pm

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a Firestone property for $3.5 million.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a Firestone property for $3.5 million.
  • The property is located in a strong retail corridor in Missouri and is corporate-operated under a triple net lease with approximately six years of term remaining.
  • The transaction was priced at a 6.8% going-in cash capitalization rate, exclusive of transaction costs.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.

Dentsu Group (4324): Initiation - Simplification to boost growth and margins

Tuesday, February 23, 2021 - 9:03am

The balance sheet has been strengthened by the sale of most of the Recruit shareholding and Dentsu is considering a sale and leaseback of its Tokyo headquarters.

Key Points: 
  • The balance sheet has been strengthened by the sale of most of the Recruit shareholding and Dentsu is considering a sale and leaseback of its Tokyo headquarters.
  • Restructuring inevitably means some short-term disruption, but this should drive revenue growth (targeted at 3-4% CAGR FY21-24) and improve margins.
  • Successful implementation of management's plans, simplifying the structure and driving profitability, should help drive shareholder value and underpin the rating.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.

Aero Capital Solutions Acquires Twenty A320 Family Aircraft From easyJet Through Sale-and-Leaseback

Thursday, February 11, 2021 - 2:58pm

AUSTIN, Texas, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Aero Capital Solutions, Inc. (ACS), a leading mid-life aircraft leasing platform, is pleased to announce the acquisition of twenty A320 family aircraft from easyJet Airline Company Limited on a sale-and-leaseback basis.The transactions were completed in two tranches during 2020.

Key Points: 
  • AUSTIN, Texas, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Aero Capital Solutions, Inc. (ACS), a leading mid-life aircraft leasing platform, is pleased to announce the acquisition of twenty A320 family aircraft from easyJet Airline Company Limited on a sale-and-leaseback basis.The transactions were completed in two tranches during 2020.
  • Director of Strategy for easyJet, Shane Lord commented, The facilitation of sale-and-leaseback of these aircraft to our key strategic partner ACS has provided fleet planning and liquidity benefits for easyJet.
  • Aero Capital Solutions, Inc. ("ACS") is a leading mid-life aircraft leasing platform that has deployed in excess of USD $2.0 billion in aircraft assets since inception in 2010.
  • www.aerocapitalsolutions.com
    Contacts: Aero Capital Solutions, Inc. Cami Kirschner Chief Compliance Officer & VP Operations Phone: (737) 717-0600 Email: ckirschner@aerocapitalsolutions.com

Tesla Store & Service Center in Chicago Metro Area Acquired by Sentinel Net Lease for $10.5MM

Tuesday, February 9, 2021 - 7:00pm

Sentinel Net Lease (Sentinel) is proud to announce the acquisition of a Tesla Store & Service Center for $10.5 million.

Key Points: 
  • Sentinel Net Lease (Sentinel) is proud to announce the acquisition of a Tesla Store & Service Center for $10.5 million.
  • The 27,032 square foot property is 100% occupied by Tesla under a long-term lease and sits on 2.61 acres in the Chicago Metro Area in Schaumburg, Illinois.
  • Sentinel believes Tesla is positioned for continued growth and financial strength given its increasing sales and captive service model.
  • Sentinel Net Lease is a real estate investment firm focused on acquiring and managing recession-resistant freestanding commercial properties generating passive real estate income under long-term, net lease agreements.

Fly Leasing to Report Fourth Quarter and Full Year 2020 Financial Results on February 25, 2021

Friday, February 5, 2021 - 1:03pm

DUBLIN, Feb. 5, 2021 /PRNewswire/ -- Fly Leasing Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing, today announced that it will release its fourth quarter and full year 2020 earnings results after the market closes on Thursday, February 25, 2021.

Key Points: 
  • DUBLIN, Feb. 5, 2021 /PRNewswire/ -- Fly Leasing Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing, today announced that it will release its fourth quarter and full year 2020 earnings results after the market closes on Thursday, February 25, 2021.
  • FLY's senior management will host a conference call and webcast with slide presentation to discuss these results at 4:30 p.m. U.S. Eastern Time on Thursday, February 25, 2021.
  • FLY is a global aircraft leasing company with a fleet of modern, high-demand and fuel-efficient commercial jet aircraft.
  • FLY leases its aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world.

Kawa Completes Ground Lease Acquisition of Florida Property

Thursday, February 4, 2021 - 1:00pm

Kawa, an investment manager with $1.6 billion in assets under management, has acquired the ground lease of a seven-story, 434-room hotel on over 16 acres outside of Orlando.

Key Points: 
  • Kawa, an investment manager with $1.6 billion in assets under management, has acquired the ground lease of a seven-story, 434-room hotel on over 16 acres outside of Orlando.
  • Kawa closed the ground lease transaction with an affiliate of AD1 Global.
  • In a ground lease transaction, the land is purchased in a sale-leaseback transaction to the owner/operator, said Jose Sasson-Lerner, Principal at Axiom Capital Advisors.
  • Kawa is also active in structuring, purchasing and financing ground leases across the U.S. in various subsectors including hospitality, office, retail, malls and solar.

FCPT Announces Disposition of a Burger King property for $2.1 million

Wednesday, February 3, 2021 - 10:45pm

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the disposition of a Burger King property for $2.1 million.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the disposition of a Burger King property for $2.1 million.
  • The property is located in Tennessee and is leased to a subsidiary of Carrols Corporation under a triple net lease with approximately sixteen years of term remaining.
  • However, there can be no assurance that an acquisition of a new property or properties will occur.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.

EasyKnock Hires Barry Feierstein as Chief Operating Officer

Wednesday, February 3, 2021 - 2:00pm

EasyKnock , the nations first institutionalized residential sale-leaseback company, today announced the hire of Barry Feierstein as Chief Operating Officer.

Key Points: 
  • EasyKnock , the nations first institutionalized residential sale-leaseback company, today announced the hire of Barry Feierstein as Chief Operating Officer.
  • In making the decision the hire Barry, two words continuously came up to describe him passionate and visionary, said Jarred Kessler, CEO and Founder, EasyKnock.
  • EasyKnocks business is not just a brilliant concept, but incredibly relevant given the housing crises that too many Americans are being faced with, said Barry Feierstein, COO, EasyKnock.
  • Headquartered in New York City and Charlotte, North Carolina, EasyKnock currently provides its innovative financial products to homeowners across 50 states.