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Weighted Average Lease Expiry (WALE)
A commercial portfolio metric measuring average remaining lease duration across all tenants, weighted by occupied square footage or rental income.
Weighted Average Lease Expiry (WALE) is a commercial portfolio metric measuring the average remaining lease duration of all occupied spaces, weighted by rented square footage or gross rental income.
A longer WALE indicates cash flow stability and lower near-term rollover risk, making commercial buildings more attractive to institutional buyers and CMBS lenders.
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