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New lease of life for City property

Series: Financial Times ; 4 December 2000, 18(2)Publication details: 2000Subject(s): Summary: 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.

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.