2021 Sale Leaseback Volume Climbs 92%
NEW YORK, March 23, 2022 /PRNewswire/ -- The latest quarterly sale leaseback market update, compiled and published by SLB Capital Advisors, a sale leaseback advisory firm, showed markedly higher deal volume during 2021.
- "Private equity firms and corporates turned to sale leasebacks at an increasing rate in 2021," said SLB Managing Partner Scott Merkle.
- In 2018 and 2019, industrial properties contributed 41-42% of overall sale leaseback activity.
- Over the last two years, partially driven by headwinds in the office and retail sectors, industrial ticked up to comprise 54% and 48% in 2020 and 2021, respectively, of all sale leaseback activity.
- SLB Partner Stephen Cheng commented "Sale leaseback activity in 2021 was broad-based across property types, with large transactions in industrial, office and retail, plus more specialized areas like gaming and behavioral healthcare.