{"id":606,"date":"2020-04-28T01:13:15","date_gmt":"2020-04-27T17:13:15","guid":{"rendered":"http:\/\/localhost:8888\/?p=606"},"modified":"2025-12-28T05:22:21","modified_gmt":"2025-12-27T21:22:21","slug":"determinants-of-potential-seller-lessee-benefits-in-sale-leaseback-transactions","status":"publish","type":"post","link":"https:\/\/www.gssinst.org\/irer\/2020\/04\/28\/determinants-of-potential-seller-lessee-benefits-in-sale-leaseback-transactions\/","title":{"rendered":"Determinants of Potential Seller\/Lessee Benefits in Sale-Leaseback Transactions"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"606\" class=\"elementor elementor-606\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4d830e1e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4d830e1e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5343e272\" data-id=\"5343e272\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7348ccad elementor-widget elementor-widget-text-editor\" data-id=\"7348ccad\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p><!-- Article Title --><\/p><div class=\"article_label\">Article<\/div><p class=\"article_title\">Determinants of Potential Seller\/Lessee Benefits in Sale-Leaseback Transactions<\/p><div><p class=\"title_label_large\">Author<\/p><p class=\"title_label_large\">Start Page \/ End Page<\/p><p class=\"title_label\">Volume<\/p><p class=\"title_label\">Issue Number<\/p><p class=\"title_label\">Year<\/p><p class=\"title_label_large\">Publication<\/p><\/div><div><p><!-- Author \/ StartEndPage \/ Volume \/ IssueNumber \/ Year \/ Publication --><\/p><p class=\"title_text_large\">Noriko Ashiya<\/p><p class=\"title_text_large\">89 \/ 112<\/p><p class=\"title_text\">18<\/p><p class=\"title_text\">1<\/p><p class=\"title_text\">2015<\/p><p class=\"title_text_large\">International Real Estate Review<\/p><\/div><div class=\"empty\">\u00a0<\/div><p class=\"abstract_label\">Abstract<\/p><p><!-- Abstract Content --><br \/>The purpose of this paper is twofold. First, it formulates a model to explore the criteria for making decisions on sale-leaseback (SLB) actions, which can be an alternative to off-balance-sheet financing. The theoretical findings show that the knowledge of the buyer\/lessor of low-cost property management is a primary factor in favor of SLB, which is in line with previous studies. Secondly, it quantifies this factor to explore the possible application of SLB schemes to Japanese public real estate (PRE) markets. The validity of this quantification method is also shown by using data from a tax-exempt Japanese PRE portfolio. The empirical findings of ANOVA and multiple comparison tests suggest that if we only have cost information and know the age of the buildings on the property, we can make decisions with regard to SLB actions; these findings reveal an institutional environment that is unique to Japan.<\/p><p><!-- PDF DownloadLink --><\/p><p>\u00a0<\/p><p class=\"download\"><a href=\"http:\/\/www.gssinst.org\/irer\/wp-content\/uploads\/2020\/10\/v18n1-determinants-of-potential-seller-lessee-benefits-in-sale-leaseback-transactions.pdf\"><strong>View PDF -https:\/\/doi.org\/10.53383\/100194<\/strong><\/a><\/p><div class=\"empty\">\u00a0<\/div><p class=\"abstract_label\">Keywords<\/p><p><!-- Keywords --><\/p><p class=\"keywords\">Sale-Leaseback; Public Real Estate; Accounting Change; User Cost; Public- private Partnership<\/p><p><a class=\"backpage\">Back to Previous Page<\/a><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<div>\n<p class=\"title_label_large\">Author<\/p>\n<p class=\"title_label_large\">Start Page \/ End Page<\/p>\n<p class=\"title_label\">Volume<\/p>\n<p class=\"title_label\">Issue Number<\/p>\n<p class=\"title_label\">Year<\/p>\n<p class=\"title_label_large\">Publication<\/p>\n<\/div>\n<div>\n<!-- Author \/ StartEndPage \/ Volume \/ IssueNumber \/ Year \/ Publication --><\/p>\n<p class=\"title_text_large\">Noriko Ashiya<\/p>\n<p class=\"title_text_large\"> 89 \/ 112<\/p>\n<p class=\"title_text\">18<\/p>\n<p class=\"title_text\">1<\/p>\n<p class=\"title_text\">2015<\/p>\n<p class=\"title_text_large\">International Real Estate Review<\/p>\n<\/div>\n<p class=\"abstract_label mt16\">Keywords<\/p>\n<p class=\"keywords\">Sale-Leaseback; Public Real Estate; Accounting Change; User Cost; Public- private Partnership<\/p>\n<p class=\"downloadLine\"><a href=\"https:\/\/www.um.edu.mo\/fba\/irer\/papers\/past\/vol18n1_pdf\/03.pdf\">Download Entire Article.<img src=\"https:\/\/i.ibb.co\/m8rCXNQ\/download-pdf-large.png\" alt=\"download-pdf-large\" border=\"0\"> <\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"article-template.php","format":"standard","meta":[],"categories":[75,74],"tags":[],"_links":{"self":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/606"}],"collection":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/comments?post=606"}],"version-history":[{"count":3,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/606\/revisions"}],"predecessor-version":[{"id":4985,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/606\/revisions\/4985"}],"wp:attachment":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/media?parent=606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/categories?post=606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/tags?post=606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}