Share sale and leaseback transactions in the property market in Europe
Economic instability in financial markets and difficult access to companies that work in real estate, debt in the capital has led to transactions for the sale of real estate lease option (sale & leaseback) exceeded in Europe in the first half 2008, a fifth of all deals in real estate for sale, show results of a survey conducted by consulting firm CB Richard Ellis (CBRE). “Against the background of unstable economic situation, and a significant increase in the value of corporate bonds with fixed income transactions for the sale with the option of leasing gains momentum in the European market and accounted for 21% of all European deals investment in the first half of 2008, reaching a peak. The sale with the possibility of leasing companies are considered as a way of raising money “- the report says the company.
It specifies that the first six months of this year, the total sales agreements and rent of commercial real estate in Europe reached € 4200000000, while in the field of commercial real estate – 4.7 billion euro, informs agency RIA Novosti news. In this case, analysts suggest, the leaders in terms of prisoners in Europe deals in real estate with the possibility of leasing in 2007 – the first half of 2008 were the United Kingdom and Germany, which accounts for more than half of all transactions. “In Germany alone, this volume is 34% of the total volume of all transactions in the European market”, – experts suggest CBRE.
However, attention is drawn to the study of a consulting company in 2008 has increased the number of transactions and sale and leaseback in Central and Eastern Europe. “Only in the first half of 2008, they amounted to € 291,000,000 compared to 178 million euros for all of 2007″ – the report said. In Russia, for sale Real estate for sale and leaseback scheme to attract additional financial resources in 2008 led retailers such as Kopeika, “Alpi” and “36.6.” The headquarters of CB Richard Ellis in Los Angeles in the U.S.. The company provides consulting services to real estate owners, investors and occupiers through 300 of its offices worldwide and includes a list of 100 fastest growing companies by Fortune magazine.







