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n. A business arrangement whereby property is simultaneously sold and leased back to the seller for usually long-term continued use. Also called sale and leaseback, sale-leaseback.

""We are continually reviewing opportunities for the disposal of property assets and amid improving market conditions in the retail sector, we now see an opportunity to place a portfolio of quality completed retail sites for tender, on the basis of sale and long term leaseback transaction, '' Mr Kemmler said in a statement."

sale and leaseback    sale-leaseback   

non-paid    electronictransport    extralegal    000-lot    32-byte