lease

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lease

1. a contract by which property is conveyed to a person for a specified period, usually for rent
2. the instrument by which such property is conveyed
3. the period of time for which it is conveyed

Lease

An agreement granting permission of a property for a specified time period, usually for a specific amount of rent, without transferring ownership.

lease

[lēs]
(industrial engineering)
Contract between landowner and another granting the latter the right to use the land, usually upon payment of an agreed rental, bonus, or royalty.
A piece of land that is leased.
(textiles)
A means of keeping warp threads in position during weaving and beaming by passing them alternately over and under a set of rods.

lease

A contract transferring the right of possession of buildings, property, etc., for a fixed period of time, usually for periodical compensation called rent.
References in periodicals archive ?
It is but one of several megamalls in Iran, including the Esfahan City Center, the 11th largest mall by gross leasable area, and the Persian Gulf Complex in Shiraz, the 13th largest globally.
The implementation phase of the Project shall be for a period of 30 years to be reckoned from the start of the commercial operations of the department store and supermarket with one movie theater and leasable spaces.
It has also launched Dubai Hills Mall, with construction "progressing at a rapid pace." The company said in its statement that the project will have a gross leasable area of about two million square feet, and will house about 650 retail outlets.
BTB now owns 72 retail, office and industrial properties for a total leasable area of more than 5.2m square feet.
Nakheel said its retail project portfolio is set to become the biggest in the UAE, with over 1.4 million sq m of leasable space either in operation or under development.-TradeArabia News Service
About 550,000 sqm net leasable area is expected to be delivered on and near Al Shamal Road which is 53% of the expected supply and 96% of existing net leasable area among 13 operational malls, it said.
Summary: Development to comprise of leasable retail space, hotels, convention centre and leisure facilities
Summary: Leasable area to almost double in size at a cost of AED 1.3 billion.
The portfolio includes approximately 1,336,000 s/f of gross leasable area, now managed by Ariel.
It will provide 280,000 square meters of leasable space by 2020.
expects to jack up its annual recurring revenues by P631.8 million with fresh leasable inventory from its eighth office property, Jollibee Tower in Ortigas Center.
The industrial complex has an area of 8.2 hectares and has a capacity of 40,392 square meters (sq m) of leasable warehouse space.