Investors aim for longer terms in sale-and-leasebacks
Investors aim for longer terms in sale-and-leasebacks
- 2009
- EuroProperty 3 August 2009, 10-11(2) .
Occupiers of prime European commercial space undertaking sale-and-leasebacks are committing to 10, 15 and even 20 year leases to ensure that their property is saleable at attractive terms. Deals in secondary property stay with five and 10 year breaks. Investment Property Databank research shows the greatest vacancy risks for landlords in eight European markets.
Europe
Occupiers of prime European commercial space undertaking sale-and-leasebacks are committing to 10, 15 and even 20 year leases to ensure that their property is saleable at attractive terms. Deals in secondary property stay with five and 10 year breaks. Investment Property Databank research shows the greatest vacancy risks for landlords in eight European markets.
Europe