Leaseback

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.

LTC Senior Management to Participate in the Virtual 24th Annual Wells Fargo Real Estate Securities Conference

Monday, February 22, 2021 - 2:30pm

LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced that senior management will participate in the Virtual 24th Annual Wells Fargo Real Estate Securities Conference on Wednesday, February 24, 2021.

Key Points: 
  • LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced that senior management will participate in the Virtual 24th Annual Wells Fargo Real Estate Securities Conference on Wednesday, February 24, 2021.
  • LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending.
  • LTC holds 181 investments in 27 states with 29 operating partners.
  • All statements other than historical facts contained in this press release are forward looking statements.

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

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.

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.

Lexington Realty Trust to Report Fourth Quarter 2020 Results and Host Conference Call on February 18, 2021

Thursday, January 28, 2021 - 9:15pm

NEW YORK, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (Lexington), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced it will release its fourth quarter 2020 financial results the morning of Thursday, February 18, 2021.

Key Points: 
  • NEW YORK, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (Lexington), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced it will release its fourth quarter 2020 financial results the morning of Thursday, February 18, 2021.
  • Lexington will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results.
  • Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of industrial investments in single-tenant commercial properties across the United States.
  • Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions, development projects and other transactions, including acquisitions.

W. P. Carey Included in 2021 Bloomberg Gender-Equality Index

Wednesday, January 27, 2021 - 12:30pm

NEW YORK, Jan. 27, 2021 /PRNewswire/ --W. P. Carey Inc. (NYSE:WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties,today announced that it has been named to the 2021 Bloomberg Gender-Equality Index ("GEI").

Key Points: 
  • NEW YORK, Jan. 27, 2021 /PRNewswire/ --W. P. Carey Inc. (NYSE:WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties,today announced that it has been named to the 2021 Bloomberg Gender-Equality Index ("GEI").
  • W. P. Carey was included in this year's index for scoring at or above a global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework's five pillars.
  • "The companies included in the 2021 GEI are expanding the ESG data universe to include gender-related data that investors are demanding today," said Peter T. Grauer, Chairman of Bloomberg.
  • In 2020, W. P. Carey took several notable actions to advance its diversity and inclusion efforts, including:
    Jason Fox, Chief Executive Officer of W. P. Carey, said:"We are extremely proud to be included in Bloomberg's 2021 Gender-Equality Index and recognized as a leader in advancing women in the workplace.

Harvest Health & Recreation Inc. Announces Sale Leaseback Transaction with Innovative Industrial Properties

Monday, January 25, 2021 - 12:00pm

("Harvest")(CSE:HARV,OTCQX:HRVSF),a vertically integrated cannabis company and multi-state operator in the U.S., today announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. ("IIP") (NYSE:IIPR).

Key Points: 
  • ("Harvest")(CSE:HARV,OTCQX:HRVSF),a vertically integrated cannabis company and multi-state operator in the U.S., today announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. ("IIP") (NYSE:IIPR).
  • Harvest sold an industrial property totaling approximately 292,000 square feet for $23.8 million.
  • Concurrent with the sale Harvest entered into a triple net lease with IIP.
  • About Harvest Health & Recreation Inc.
    Headquartered inTempe, Arizona, Harvest Health & Recreation Inc.is a vertically integrated cannabis company and multi-state operator.

Lexington Realty Trust Final Dividend Allocation for 2020

Friday, January 22, 2021 - 9:15pm

Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States.

Key Points: 
  • Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States.
  • Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions, development projects and other transactions, including acquisitions.
  • For more information or to follow Lexington on social media, visit www.lxp.com .
  • Investor or Media Inquiries for Lexington Realty Trust:

Fundamental Income Completes Over $215 million in Net Lease Real Estate Investments

Wednesday, January 13, 2021 - 3:59pm

Fundamental Income , a Phoenix-based net lease real estate platform backed by a fund managed by Brookfield Asset Management (NYSE: BAM), acquired over $215 million of real estate assets in the last four months of 2020.

Key Points: 
  • Fundamental Income , a Phoenix-based net lease real estate platform backed by a fund managed by Brookfield Asset Management (NYSE: BAM), acquired over $215 million of real estate assets in the last four months of 2020.
  • Led by seven investment partners with a combined 50 years and $15 billion of net lease, capital markets and real estate experience, Fundamental Income invests in single-tenant properties net leased to operating companies across the United States.
  • Fundamental Income provides real estate capital solutions and sale-leasebacks to businesses and business owners with established and growing operations across the United States.
  • Separately, Fundamental Income is also the Founder, Sponsor, and Index Provider to the NETLease Corporate Real Estate ETF (NYSE arca: NETL) , which seeks to track the performance of the Fundamental Income Net Lease Real Estate Index (NETLXT) calculated by NASDAQ.