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sale-and-leaseback

 
Architecture: sale-and-leaseback

A contractual agreement between an owner and an investor, under which the owner sells a property to the investor and then improves or develops it under the condition that the investor gives him a long-term lease of the premises.


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Architecture. McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc. All rights reserved.  Read more