Leasing

Update on legal proceedings

Retrieved on: 
Tuesday, June 15, 2021
Finance, Money, Real property law, Landlord–tenant law, Arrears, Debt, Economy, Land tenure, Leasing, Leasehold estate, Rent control in Scotland

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • Further to the Company's announcement of 23 April 2021 regarding the successful outcome of its legal action against two well-funded national tenants to recover unpaid rent, the Company can report that neither tenant sought the court's permission to appeal the decision of the Master and have now paid all the rent arrears claimed in the proceedings, as well as reaching an agreement on the legal costs incurred.
  • With regards to the outstanding rent arrears that had fallen due for payment since the claims were issued, these amounts have also been paid in full, and as a result the Company has received the full amount of rent arrears of 1,200,566 referred to in the previous announcement on 23 April.

FCPT Announces Acquisition of a Two Property Portfolio for $2.7 Million

Retrieved on: 
Thursday, June 10, 2021
Commercial Building & Real Estate, Construction & Property, Restaurant, Bar, Automotive, Tires & Rubber, REIT, General Automotive, Retail, Leasing, NNN lease, Real property law, Real estate investing, Finance, Real estate, Land law

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 Chilis restaurant property and a Monro Auto Service and Tire Center property for $2.7 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 Chilis restaurant property and a Monro Auto Service and Tire Center property for $2.7 million.
  • The properties are located in a strong retail corridor in New York and are both corporate-operated under triple net ground leases with approximately four years of weighted average term remaining.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.
  • The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.

Swapalease.com Releases Latest Figures on Lease Credit Approvals Showing a Slight Decrease for May

Retrieved on: 
Wednesday, June 9, 2021
Contract law, Business law, Articles, Private law, Law, Leasing, Lease, Property law, Vehicle leasing

CINCINNATI, June 09, 2021 (GLOBE NEWSWIRE) -- Swapalease.com, the nations largest car lease marketplace, reports car lease credit applicants registered a 69.9% approval rate in May.

Key Points: 
  • CINCINNATI, June 09, 2021 (GLOBE NEWSWIRE) -- Swapalease.com, the nations largest car lease marketplace, reports car lease credit applicants registered a 69.9% approval rate in May.
  • The steady, incremental increase indicates consumer credit levels are also holding steady as many households continue to receive stimulus relief provided by the government.
  • Swapalease.com believes many of its site visitors and vehicle customers have solid credentials available to take over a persons vehicle lease.
  • Swapalease.com matches a person wanting out of their existing vehicle lease contract with a car shopper looking to take over a short-term vehicle lease.

UK Light Vehicle Leasing Market Forecast Report 2021-2024 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 8, 2021
General Automotive, Fleet management, Automotive, Business law, Contract law, Leasing, Vehicle leasing, LCV, Articles, Economy, Electric vehicles, Law

The "UK Light Vehicle Leasing Market, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "UK Light Vehicle Leasing Market, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
  • In addition to market data (PV and LCV) for new registrations and portfolios, the study provides actual competitor data (portfolio) for the leading leasing service providers in the country.
  • Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs.
  • This study sheds light on the market size across the passenger vehicle (PV) and light commercial vehicle (LCV) segments and provides sales/parc data for the total market as well as the fleet and company car (true fleet) segments.

American Homes 4 Rent to Participate in Nareit's REITweek: 2021 Virtual Investor Conference

Retrieved on: 
Thursday, June 3, 2021
Money, Economy, Articles, Landlord–tenant law, Real property law, Renting, Leasing, Contract law, American Homes 4 Rent, Real estate investment trust, New York Stock Exchange, Leasehold estate

CALABASAS, Calif., June 3, 2021 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced that members of the Company's management team will participate in a roundtable discussion during Nareit's REITweek: 2021 Virtual Investor Conference on Wednesday, June 9, 2021 at 2:30 p.m. Eastern Time.

Key Points: 
  • CALABASAS, Calif., June 3, 2021 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced that members of the Company's management team will participate in a roundtable discussion during Nareit's REITweek: 2021 Virtual Investor Conference on Wednesday, June 9, 2021 at 2:30 p.m. Eastern Time.
  • After market close on June 7, 2021, the Company will post an updated investor presentation to its website, www.ah4r.com , in the Investor Relations section.
  • American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction.
  • We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.

RPT Realty Selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance

Retrieved on: 
Thursday, June 3, 2021
Real property law, Landlord–tenant law, Articles, Leasing, Economy, Law, Renting, Lease, Property law, Landlord, Single net lease

NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (RPT or the Company) announced today that it was selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energys Better Buildings Alliance.

Key Points: 
  • NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (RPT or the Company) announced today that it was selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energys Better Buildings Alliance.
  • The Green Lease Leader program recognizes landlords, tenants and partnering real estate practitioners from a variety of sectors that incorporate green leasing to drive high-performance and healthy buildings.
  • RPT was awarded Gold recognition, the highest Green Lease Leader designation, for using green leases to protect occupant health, increase energy efficiency, modernize buildings and improve tenant-landlord relationships.
  • The Gold designation reflects our commitment to high performance and sustainability in buildings and best practice leasing, said Brian Harper, President and CEO.

 ACIA Aero Leasing Completes Deliveries of Three ATR 72-600s, Facilitating Green Africa’s Takeoff

Retrieved on: 
Thursday, June 3, 2021
Other Travel, Finance, Travel, Professional services, Air, Aerospace, Transport, Manufacturing, Articles, Aircraft, Finance, Leasing, France–Italy relations, Contract law, Landlord–tenant law, Lessor, Property law, Aircraft lease, ATR 72, AERO, Green Africa, ACIA Aero Leasing, GREEN AFRICA, ACIA AERO LEASING

Aided by the benefits of fuel-efficiency and advantageous operating economics of the latest technology ATR 72-600, Green Africa has introduced affordable fares and new city-pair options.

Key Points: 
  • Aided by the benefits of fuel-efficiency and advantageous operating economics of the latest technology ATR 72-600, Green Africa has introduced affordable fares and new city-pair options.
  • ACIA Aero Leasing has been a very supportive partner and we are proud of this relationship.
  • www.greenafrica.com
    ACIA Aero Leasing (ACIA), a subsidiary of ACIA Aero Capital, is a leading regional aircraft lessor with offices in Ireland, Mauritius, France, Canada, and South Africa.
  • Through our strategic partnerships, ACIA provides airlines with turn-key leasing solutions from dry leasing through to charter operations.

CareTrust REIT Sees Relationship with The Ensign Group Grow in Washington

Retrieved on: 
Wednesday, June 2, 2021
Real estate investment trust, Leasing

to transfer the operations in four of its CareTrust-owned skilled nursing facilities to affiliates of The Ensign Group, Inc. (Nasdaq: ENSG), effective June 1, 2021.

Key Points: 
  • to transfer the operations in four of its CareTrust-owned skilled nursing facilities to affiliates of The Ensign Group, Inc. (Nasdaq: ENSG), effective June 1, 2021.
  • The four Washington state facilities will be added to an existing long-term, triple-net master lease between CareTrust and Ensign.
  • The master lease, one of eight legacy multi-facility master leases between CareTrust and Ensign operating affiliates, was also amended to extend its remaining primary lease term by ten years to 2036.
  • CareTrust became a separate and independent publicly-traded real estate investment trust exactly seven years ago yesterday, following a tax-free REIT spin-off transaction with Ensign.

ACIA Aero Leasing Acquires Two Embraer ERJ145s from Jetcraft

Retrieved on: 
Thursday, May 27, 2021
Transportation, Travel, Other Transport, Logistics, Supply chain management, Air, Aerospace, Transport, Manufacturing, Renting, Economy, Articles, Aircraft finance, Aircraft lease, Economy of Ireland, Leasing, Lessor, Embraer, Jetcraft Commercial, ACIA Aero Leasing, JETCRAFT COMMERCIAL, ACIA AERO LEASING

ACIA Aero Leasing (ACIA), a leading provider of regional aircraft leasing and lease management services, today announced the purchase of two Embraer ERJ145 aircraft from Jetcraft Commercial (Jetcraft), the commercial aircraft division of a global leader in jet sales and acquisitions, Jetcraft.

Key Points: 
  • ACIA Aero Leasing (ACIA), a leading provider of regional aircraft leasing and lease management services, today announced the purchase of two Embraer ERJ145 aircraft from Jetcraft Commercial (Jetcraft), the commercial aircraft division of a global leader in jet sales and acquisitions, Jetcraft.
  • Jetcraft Commercial is the commercial aircraft division of global aviation trading firm Jetcraft, supporting airlines and operators in the fields of buying, selling, leasing, marketing and financing their aircraft.
  • www.jetcraft.com/inventory/commercial
    ACIA Aero Leasing (ACIA), a subsidiary of ACIA Aero Capital, is a leading regional aircraft lessor with offices in Ireland, Mauritius, France, Canada, and South Africa.
  • Through our strategic partnerships, ACIA provides airlines with turn-key leasing solutions from dry leasing through to charter operations.

Seanergy Maritime Holdings Corp. Reports Financial Results for the First Quarter Ended March 31, 2021

Retrieved on: 
Tuesday, May 25, 2021
Food and drink, Food industry, Industry economics), Contract law, Leaseback, Leasing, Sales, Cargill, Mergers and acquisitions

On April 22, 2021, the Company entered into a credit facility for an amount of $15.5 million secured by the M/V Goodship and the M/V Tradership.

Key Points: 
  • On April 22, 2021, the Company entered into a credit facility for an amount of $15.5 million secured by the M/V Goodship and the M/V Tradership.
  • On May 11, 2021, the Company entered into a sale and leaseback transaction with Cargill to partially fund the acquisition cost of the M/V Flagship.
  • The delivery of the M/V Hellasship was the first of the five Capesize acquisitions agreed in 2021.
  • The issuance of shares to Jelco and associated reduction in debt balance took place in 2Q 2021.