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Full Service Gross Lease

A type of lease structure where the landlord (lessor) covers all of the operating costs related to running the real...

Operating Ijarah

An ijarah contract that doesn't end up with the transfer of ownership of leased properties to the lessee. In other...

TPR

It stands for total property return; a measure of the ungeared (un-leveraged) return that is generated by a portfolio of...

Total Property Return

A measure of the ungeared (un-leveraged) return that is generated by a portfolio of properties. In computation, it is the...

Break Option

A provision that is contained in a specific type of leases whereby the tenant can terminate the lease on non-fault...

Take-Back

Rental income that is lost due to expiry/ expiration of a lease contract, exercise of a break option, an agreed...

Forward Ijara

A type of ijara which involves the sale of a clearly specified underlying asset, which is currently being produced or...

Forward-Dated Ijarah

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...

Forward Ijarah

A type of ijarah which involves the sale of a clearly specified underlying asset, which is currently being produced or...

Sales-Type Lease

A type of lease in which a financier (a finance company, a bank) is and remains the legal owner of...