1. A real estate property that is rented to a tenant under a lease agreement, where the lessor retains ownership while the lessee has temporary possession and use rights
The company decided to invest in leased property rather than purchasing commercial real estate.
A empresa decidiu investir em imóvel alugado em vez de comprar propriedade comercial.
2. Property occupied under a long-term rental agreement with fixed terms and conditions
The restaurant operates from leased property in the downtown area.
O restaurante funciona em imóvel alugado na área do centro.