New lease of life for City property
New lease of life for City property
- 2000
- Financial Times 4 December 2000, 18(2) .
Looks at a new hybrid of a property outsourcing and leaseback contract, developed by a handful of City law firms over the last two years, which effectively re-writes the landlord and tenant relationship. Describes how Shell and Abbey National have utilised this new approach during 2000. Notes that these types of property deals involve considerable expense in terms of legal and other advice.
SHELL
ABBEY NATIONAL
SALE AND LEASEBACK AGREEMENTS
LEASES
CITY
PROPERTY ASSETS
Looks at a new hybrid of a property outsourcing and leaseback contract, developed by a handful of City law firms over the last two years, which effectively re-writes the landlord and tenant relationship. Describes how Shell and Abbey National have utilised this new approach during 2000. Notes that these types of property deals involve considerable expense in terms of legal and other advice.
SHELL
ABBEY NATIONAL
SALE AND LEASEBACK AGREEMENTS
LEASES
CITY
PROPERTY ASSETS