Portfolio Overview

Portfolio Overview   

Overview
# of Properties 343
Total Square Feet (mm) 27.4
Number of Tenants 112
Number of Industries 45
Countries 7
Leased 99.5%
Weighted Average Remaining Lease Term(1) 8.1 years
% of SLR derived from Investment Grade Rating or Implied Investment Grade tenants(2)(3) 75.7%
% of SLR with contractual rent increases(4) 92.0%

  1. Weighted average remaining lease term in years based on square feet as of March 31, 2019.
  2. Annualized straight-line rent (“SLR”) converted from local currency into USD as of March 31, 2019 for the in-place lease on the property on a straight-line basis, which includes tenant concessions such as free rent, as applicable.
  3. Investment Grade Rating includes both actual investment grade ratings of the tenant or guarantor, if available, or implied investment grade. Implied Investment grade may include actual ratings of tenant parent, guarantor parent (regardless of whether or not the parent has guaranteed the tenant's obligation under the lease) or by using a proprietary Moody's analytical tool, which generates on implied rating by measuring a company's probability of default. Ratings information is as of March 31, 2019.
  4. Contractual rent increases include fixed percent or actual increases, or country CPI-indexed increases. Percentage of leases with rent increases is based on square feet as of March 31, 2019.