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#saleleaseback — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #saleleaseback, aggregated by home.social.

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  1. Scholastic eyeing sale-leaseback of Soho HQ Scholastic is setting up its Soho headquarters for sale, with a twist.  The book publishing giant is eyeing a sale of part or all of its buildings at 55...

    #Manhattan #Office #Market #Office #Leasing #Office #Market #sale-leaseback

    Origin | Interest | Match
  2. #UnbridledGreed #enshittification
    "those mishaps look . like #selfsabotage, intended to hollow out the #restaurant chain to enrich its prev #privateequity owners, Golden Gate Capital. GGC crippled #RedLobster by selling off one of its most valuable assets, e #realestate it owned, in a #saleleaseback, for $1.5bil. With tt sale, GGC nearly made back its $2.1b purchase of 🦞, while turning the chain into a permanent leaser, adding a massive additional cost in e form of #rent"
    prospect.org/economy/2024-05-2

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