Sandwich lease
Commercial property & real-estate term
A slang term for a sublease, where the tenant is sandwiched between the owner and the subtenant, acting both as lessor and lessee at the same time.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “S”
Sale agreement Soft market Speculator Stamp duty Sublease Security deposit Speculative builder Surface right