{"id":790500,"date":"2022-06-01T20:01:14","date_gmt":"2022-06-01T18:01:14","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/stelco-closes-sale-of-its-hamilton-lands\/"},"modified":"2023-07-10T17:53:25","modified_gmt":"2023-07-10T15:53:25","slug":"stelco-closes-sale-of-its-hamilton-lands","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/stelco-closes-sale-of-its-hamilton-lands\/","title":{"rendered":"Stelco Closes Sale of its Hamilton Lands"},"content":{"rendered":"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES\n\n\nTransaction highlights include:\n\n\nGross proceeds of $518 million received by Stelco Inc.\nLeaseback of land underlying Stelco\u2019s value-added steel finishing operations on favourable terms for 35 years, with renewal options for five further 20-year terms\nAllows for redevelopment of lands that have been idled since 2010 by major Ontario commercial and industrial real estate company\nFurther demonstrates Stelco\u2019s commitment to realizing significant value from underutilized assets\nHAMILTON, Ontario--(BUSINESS WIRE)--Stelco Holdings Inc. (TSX: STLC) (\u201cStelco\u201d or the \u201cCompany\u201d) announced today that its wholly-owned subsidiary, Stelco Inc., has succ<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Transaction highlights include: Gross proceeds of $518 million received by Stelco Inc. Leaseback of land underlying Stelco\u2019s value-added steel finishing operations on favourable terms for 35 years, with renewal options for five further 20-year terms Allows for redevelopment of lands that [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-790500","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stelco Closes Sale of its Hamilton Lands - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/stelco-closes-sale-of-its-hamilton-lands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stelco Closes Sale of its Hamilton Lands - BeBeez\" \/>\n<meta property=\"og:description\" content=\"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Transaction highlights include: Gross proceeds of $518 million received by Stelco Inc. 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