leaseback
- A transaction where a property is sold and then rented back by the same individual or company that initially owned it
- The company decided to opt for a leaseback deal to free up capital for other investments.
- Taking advantage of a leaseback opportunity allows the business to continue functioning in the same location, despite selling the property.
- The leaseback concept permitted the investors to gain a real estate asset while ensuring rental income from the previous owner.
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