| Paper title: | Reviewing Sale and Leaseback Transactions |
| Authors: | Ashiya, Noriko |
| Summary: | This study presents a simple formula for the gains from sale and leaseback transactions, based on the traditional theory of a firm. A typical firm, which intends to sell ?% of its whole capital to the SPC and retain the benefits of its location through a tenancy, will be taken as an example. It is shown that the unit capital cost for a typical firm would have structural change and the rate of capital depletion would play a key role in the profit calculating process. |
| Type: | |
| Year of publication: | 2011 |
| Keywords: | sale and leaseback, asset finance, theoretical study |
| Series: | ERES:conference |
| Download paper: | /pdfs/eres2011_206.content.ppt |
| Citation: | Ashiya, Noriko (2011). Reviewing Sale and Leaseback Transactions. 18th Annual European Real Estate Society Conference in Eindhoven, the Netherlands, http://itc.scix.net/paper/eres2011_206 |