---
title: "Weighted average lease term (WALT/WAULT) — Class A Atlas glossary"
description: "Average remaining lease term, weighted by rent."
canonical: https://classa.info/glossary/weighted-average-lease-term
pageType: glossary
lastUpdated: 2026-04-01T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Average remaining lease term, weighted by rent.

## TL;DR

- 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](/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/weighted-average-lease-term), updated 2026-04-01T00:00:00.000Z.