A weighted average lease expiry (or weighted average lease to expiration) is a metric that measures the likelihood of a property going vacant over time. In years, it is measured, and its abbreviation, WALE, is more commonly used.
What Does A Wale Mean?
wale (Entry 1 of 4) 1a : a streak or ridge made on the skin especially by the stroke of a whip. welt. b : a narrow raised surface. A wooden ship’s side strakes are usually thick and strong planks made of extra thick material. They are usually used in plural form.
What Is A Good Wale?
The WALE of five years or more indicates income streams will remain stable well into the future. A short WALE of one to three years, however, indicates a greater rollover of leases in the short term when leases expire and tenants decide whether to stay or move in the short term.
How Is Wale Calculated?
A lessee who does not rent a large portion of a property is described as a lessee.
The tenants of ancillary properties are usually smaller businesses that lease smaller lots with shorter leases.
What Does Wale By Income Mean?
Lease expirations, or weighted average lease terms, are important terms in the commercial property world. Depending on the lease space, the WALE may be adjusted according to how much this contributes to the property’s income, or how much rental payments contribute to the overall income.
What Is Wale In Commercial Real Estate?
A weighted average lease expiration (WALE) is a measure of how long a lease will last in a property.
What Is A Wale Person?
The two games: ‘Wail’ and ‘Wail’ vs. A whale is an impressive person (like a whale is in size), such as a gambler who places large bets on big games.
What Does The Name Wale Mean?
Walo is a Germanic name that means foreigner, or a byname that means foreigner (see Wallace), or another short form of the various compound names with this first element. A well-liked person’s nickname, from Middle English wale ‘good’, ‘excellent’ (originally meaning ‘choice’).
Is Wale A Word?
There is a scrabble dictionary entry for wale.
What Does A Wake Means?
Holding a wake over someone or something especially : to watch over them. She woke up in the middle of the night because something woke her up from sleep. A stir awakens old feelings and awakens new ones.
What Is Long Wale?
CLW, or Charter Hall Long WALE REIT, is an Australian Real Estate Investment Trust (“REIT”) listed on the Australian Securities Exchange (“ASX”). With a focus on providing investors with stable and secure income and the potential for both income and capital growth, the REIT invests in long-term WALE properties.
What Does Walt Mean In Property?
According to the Weighted Average Lease Term (“WALT”) as of 31 March 2021, it is 5 years. 5 years.
What Is Wale In Property?
Lease expirations, or weighted average lease terms, are important terms in the commercial property world. In order to determine the average lease expiration period of a property, a weighted average lease expiry is used.
How Is Walt Calculated?
WALT is the amount divided by the total rent multiplied by the remaining lease term for individual tenants.