---
title: "Tenant retention rate — Class A Atlas glossary"
description: "Percentage of expiring leases renewed in place."
canonical: https://classa.info/glossary/tenant-retention-rate
pageType: glossary
lastUpdated: 2026-04-01T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Percentage of expiring leases renewed in place.

## TL;DR

- 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](/glossary/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](/topics/cross-border-expansion) occupiers can translate quickly.

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Citation: Source: Class A Atlas (https://classa.info/glossary/tenant-retention-rate), updated 2026-04-01T00:00:00.000Z.