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).