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Jump in sale and leasebacks

CORPORATE sale and leaseback transactions have maintained a prominent role in the European property investment market despite the slump, property firm CBRE said yesterday.<br /><br />&nbsp;The sale and leaseback market has grown from six per cent of the overall European property market in 2004 to 19 per cent in 2008.<br /><br />CBRE said that the attraction stems from these transactions offering long and well-secured income streams for the purchaser and often involve prime assets &ndash; which are the kind of opportunities investors are looking for at the moment.