Lease Renewal Rate

Lease renewal rate is the proportion of expiring leases renewed during a stated period under the company’s definition.

Why this matters to income investors

Retaining tenants can limit vacancy and leasing costs that reduce cash available for dividends.

How to use lease renewal rate in your research

Compare the same properties and periods in the REIT’s reports. Connect changes in occupied space, rents, and lease costs to the earnings measure used to explain the dividend.

This material is general education and information, not individualized investment, tax, or legal advice.