Leasing Spread

Leasing spread is the percentage change between rent on a new or renewed lease and the comparable rent on the expiring lease.

Why this matters to income investors

New lease rates versus expiring rates indicate whether rental income may rise or fall.

How to use leasing spread 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.