lease back

lease something back

to sell something, then rent it from the buyer. We sold the building to a real estate firm and then leased it back. There was some tax saving involved. We leased back the building.
See also: back, lease
References in periodicals archive ?
Sadara Chemical Company has finalized a deal with Al Fozan, a major Saudi conglomerate, to sell and lease back the Sadara Solids and Liquids Handling Center, also called the Packaging Center, sited in Sadaras Jubail chemical complex.
Sadara Chemical Company (Sadara) has today concluded negotiations with Al Fozan, a leading Saudi conglomerate, regarding a set of agreements relating to the sale and lease back of the Sadara Solids and Liquids Handling Center, also known as the Packaging Center, located in Sadara's Jubail chemical complex.
Sadara Chemical Company today concluded an agreement with Al Fozan, a leading Saudi conglomerate, for the sale and lease back of the Sadara Solids and Liquids Handling Center, also known as the Packaging Center, located in Sadara's Jubail chemical complex.
Russell Verducci and Eric Demmers represented the buyer, Adithya Bathena, in the purchase from MIS, which will lease back space in the building.
DCB Financial Corp (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company said it has entered into a transaction to sell and simultaneously lease back property it owns in Lewis Center, Ohio that serves as the corporate headquarters of the bank and the trust company.
Summary: Etihad Airways, has extended its relationship with Sanad Aero Solutions GmbH (Sanad), with a 10-year agreement for the sale and lease back of some of the airline's key component spares.
Batelco has decided not to proceed with any tower sale in Bahrain and Jordan as various sale and lease back proposals did not create sufficient, long-term economic value," Batelco group chief executive officer Shaikh Mohamed bin Isa Al Khalifa said in a statement.
El Al Israel Airlines (TASE:ELAL) on Tuesday announced that it has signed an agreement to sell and lease back two CFM engines, 56-7B.
Abu Dhabi's Etihad Airways has mandated Sanad Aero Solutions and Engine Lease Finance Corp (ELF) to finance its 23 spare engines in a sale and lease back deal valued at $367 million, the airline said on Wednesday.
ELF will purchase and lease back to Etihad Airways six Rolls Royce Trent 700 and six IAE V2500 engines.
Auto Business News-June 30, 2011--Saab signs contract on sale and lease back deal(C)1994-2011 ENPublishing - http://www.
1 June 2011 - Danish tanker and dry-bulk shipping company Torm A/S (CPH: TORM) said today it has sold the Torm Margrethe product tanker for USD46m, which it will lease back on a bareboat charter for seven years.
It will lease back the building after the sale to IDB Group, an Israeli holding company, the bank said in a statement.
Whether you are doing regular bid or lease back, there's going to be quirks in all of them,'' Phelps said.
There are four strategies,one of which relates to a sale and long lease back of the ground, with Krasner refusing to divulge details of the other three.