Modelling lease buy backs

Hi,

Does anyone have any experience modelling the reverse of a sale and leaseback?

Ie, a retailer buying supermarket properties out of their leaseholds into freeholds. Does anyone have any idea of how to model the effect of this on net debt? I am an in Europe so need to consider IFRS16, with lease liabilities and the associated right of use asset that will also be lost.

Thanks.

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Modelling lease buy backs

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