Empires of the blue-chips
Series: Sunday Business ; 28 May 2000, 2(1)Publication details: 2000Subject(s): Summary: Blue-chip companies such as British Telecom and Barclays own more property than other quoted property firms. Most of them have considered the idea of sale and leaseback deals to focus resources. In a traditional sale and leaseback the seller loses control of a major operational asset. Article discusses a prototype securitisation deal tried by J Sainsbury in which Sainbury's has been able to keep control over the assets while gaining capital.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | WB3621-22 (Browse shelf(Opens below)) | 1 | Available | 106156-1001 |
Blue-chip companies such as British Telecom and Barclays own more property than other quoted property firms. Most of them have considered the idea of sale and leaseback deals to focus resources. In a traditional sale and leaseback the seller loses control of a major operational asset. Article discusses a prototype securitisation deal tried by J Sainsbury in which Sainbury's has been able to keep control over the assets while gaining capital.