underlease

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underlease

n
a sublet
vb
(tr) to rent out by a sublet
References in periodicals archive ?
Wattles, Co-Chairman and Chief Investment Officer, said SCI's Market Officer Group continues to identify underleased and undermanaged investment opportunities at the local level.
While REITs may outmuscle pension funds for properties, with high net-operating-income returns that can support their dividends, pension funds are cornering the market for underleased properties and are even beginning to entertain development projects.
These acquisitions are consistent with SCI's strategy to focus on underleased and undermanaged assets.