Zain Saudi Arabia (better known as Zain KSA) has signed an agreement to sell and
lease back the passive physical infrastructure of its mobile tower portfolio to IHS Holding Limited (IHS) for about 2.52 billion Saudi Arabian riyals (US$672 million).
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.
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.
The first transaction was a sale and
lease back of a 123,100 square foot warehouse and headquarters facility leased to an automobile parts distributor located in Miami, Florida.
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.
Struggling smartphone maker BlackBerry announced to sell most of its Canadian real estate holdings, and will
lease back some space after the sale.
Muscat: Etihad Airways, the national airline of the United Arab Emirates (UAE), has extended its relationship with Sanad Aero Solutions (Sanad), with a 10-year agreement for the sale and
lease back of some of the airline's key component spares.
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.
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"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.
Sanad will purchase, and
lease back, to Etihad Airways five GE90 and six Rolls Royce Trent 500 engines.