Portfolio Overview

Portfolio Overview   

Overview
Properties 311
Square Feet (millions) 38.2
Tenants 134
Industries 48
Countries 10
Leased 99.7%
Weighted Average Remaining Lease Term(1) 8.5 years
% of SLR derived from Investment Grade Tenants(2)(3) 63.5%
% of leases with contractual rent increases(4) 94%

  1. Weighted average remaining lease term in years based on square feet as of June 30, 2021.
  2. 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. Comprised of 35% leased to tenants with an actual investment grade rating and 29% leased to tenants with an implied investment grade rating as of June 30, 2021.
  3. Metric based on SLR. Weighted by annualized SLR converted from local currency into USD as of June 30, 2021 for the in-place lease on the property on a straight-line basis, which includes tenant concessions such as free rent, as applicable
  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 June 30, 2021.