When a public limited company can lease its premises?

A public limited company can lease its premises when it requires space for operations, such as offices, manufacturing facilities, or retail locations, without committing to a long-term purchase. Leasing allows the company to manage its cash flow more effectively and provides flexibility to adapt to changing business needs. The decision to lease is often based on factors like financial strategy, market conditions, and the availability of suitable properties. Additionally, leasing may help the company avoid depreciation and maintenance costs associated with ownership.