Percentage of expiring leases renewed in place.

Percentage of expiring leases renewed in place.
A core leasing-team KPI.

Tenant retention rate

Operations · Global

Short definition

Percentage of expiring leases renewed in place.

Full definition

A core leasing-team KPI. Trophy buildings typically retain 70–80% of expiring leases. Below 50% suggests product issue (building, amenities, location); above 90% may indicate underpriced rent.

Why this matters for Class A leasing

Tenant retention rate is part of the operations vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.

Percentage of expiring leases renewed in place.

Percentage of expiring leases renewed in place.
A core leasing-team KPI.

Tenant retention rate

Operations · Global

Short definition

Percentage of expiring leases renewed in place.

Full definition

A core leasing-team KPI. Trophy buildings typically retain 70–80% of expiring leases. Below 50% suggests product issue (building, amenities, location); above 90% may indicate underpriced rent.

Why this matters for Class A leasing

Tenant retention rate is part of the operations vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.