Average remaining lease term, weighted by rent.

  • Average remaining lease term, weighted by rent.
  • Standard portfolio metric.

Weighted average lease term (WALT/WAULT)

Investment · Global

Short definition

Average remaining lease term, weighted by rent.

Full definition

Standard portfolio metric. Long WALT (>7 years) signals income certainty and supports tighter cap rates. Short WALT signals near-term re-leasing risk. UK uses WAULT (weighted average unexpired lease term); US uses WALT.

Why this matters for Class A leasing

Weighted average lease term (WALT/WAULT) is part of the investment 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.