Eligible property includes designated leasehold improvements, certain restaurant buildings and improvements and certain retail space improvements.
The management company, by virtue of the HMA, acquires a leasehold interest in the hotel.
It now includes certain qualified leasehold improvements, qualified restaurant property and qualified retail improvements.
Mr Jones said substantial savings would be made by no longer operating some leasehold buildings which were "hugely expensive" to run.
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In 2010 the council bought the leasehold and looked at plans to lower the building, but they failed to attract a suitable developer.
This type of property can start as low as 280 million Indonesian rupiah, and is usually a long-term leasehold, up to 70 years in some cases.
Under the agreement, Sinochem will acquire approximately 82, 800 net acres of leasehold held by Pioneer for all Wolfcamp depths and deeper horizons, PXD said in a statement.
East Resources, an oil and gas exploration and production company based in Warrendale, PA, has a leasehold of hundreds of thousands of acres in the lucrative Marcellus Shale region.
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The commercial functions of the Forestry Commission would be opened up to other operators on a leasehold basis "so that their commercial potential is realised along with the need to protect other benefits".
Chesapeake Energy was one of the earliest, and is the predominant leaseholder, with 15.1 million leasehold acres in the US. With 1.51 mn acres, they have the largest position in the Pennsylvania Marcellus shale.
The report recommended the creation of new social enterprise landlord with a leasehold interest in housing executive stock, a new strategic housing authority which would own and control the stock, and an independent housing regulator responsible for rent setting.
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