A full transfer of all lease obligations from the prime tenant to a new tenant.
Lease structure · Global
A full transfer of all lease obligations from the prime tenant to a new tenant.
Assignment fully releases the prime tenant (or retains them as guarantor). Harder to negotiate landlord consent for than a sublease">sublease. Standard in M&A contexts.
Assignment is part of the lease structure vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.