Weighted Average Lease Expiry or WALE is a metric that you often see in reports by REITs and analysts discussing REITs.

But what exactly is Weighted Average Lease Expiry, and does a longer WALE indicate a better choice for your portfolio?

In this short video, we will describe this metric as concisely as we can within 3 minutes, which will hopefully do its bit to make you a more sophisticated REIT investor.

If you prefer the text version, you may also read our glossary entry on Weighted Average Lease Expiry (WALE).

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.