Portfolio Overview

Portfolio Overview   

Overview
# of Properties 333
Total Square Feet (mm) 25
Number of Tenants 104
Number of Industries 41
Countries 7
Leased 99.5%
Weighted Average Remaining Lease Term(1) 8.5 years
% of SLR derived from Investment Grade Rating or Implied Investment Grade tenants(2)(3) 79.1%
% of SLR with contractual rent increases(4) 91.0%

  1. Weighted average remaining lease term in years based on square feet as of June 30, 2018.
  2. Annualized straight-line rent (“SLR”) converted from local currency into USD as of June 30, 2018 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 ratings of the tenant or Implied Investment Grade. Implied Investment Grade includes ratings of tenant parent (regardless of weather the parent has guaranteed the tenant’s obligation under the lease) or lease guarantor. Implied Investment Grade ratings are determined using proprietary Moody’s analytical tool, which compares the risk metrics of the non-rated company to those of a company with an actual rating. Ratings information is as of June 30, 2018.
  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.