XML 53 R43.htm IDEA: XBRL DOCUMENT v3.23.1
Investments in Real Estate - Acquisitions (Details) - 3 months ended Mar. 31, 2023
ft² in Thousands, £ in Millions, $ in Millions
USD ($)
ft²
property
GBP (£)
ft²
property
Real Estate [Line Items]    
Number of properties | property 339 339
Leasable square feet (sq ft) | ft² 10,682 10,682
Investment | $ $ 1,674.2  
Weighted average lease term (years) 11 years 2 months 12 days 11 years 2 months 12 days
Initial weighted average cash lease yield (percent) 7.00% 7.00%
Settlement credits as reimbursement for acquired rent free period | $ $ 0.7  
Rental revenue generated from acquisitions from investment grade tenants (as a percent) 42.00% 42.00%
Retail    
Real Estate [Line Items]    
Property type acquired based on rental revenue (as a percent) 85.50% 85.50%
Industrial    
Real Estate [Line Items]    
Property type acquired based on rental revenue (as a percent) 14.50% 14.50%
New properties    
Real Estate [Line Items]    
Number of properties, new | property 217 217
Leasable square feet (sq ft) | ft² 8,363 8,363
Investment | $ $ 1,438.6  
Weighted average lease term (years) 10 years 8 months 12 days 10 years 8 months 12 days
Initial weighted average cash lease yield (percent) 7.20% 7.20%
New properties | UNITED STATES    
Real Estate [Line Items]    
Number of properties, new | property 197 197
Leasable square feet (sq ft) | ft² 5,926 5,926
Investment | $ $ 1,048.9  
Weighted average lease term (years) 10 years 10 years
Initial weighted average cash lease yield (percent) 7.00% 7.00%
New properties | Europe (UK)    
Real Estate [Line Items]    
Number of properties, new | property 20 20
Leasable square feet (sq ft) | ft² 2,437 2,437
Investment | $ $ 389.7  
Weighted average lease term (years) 12 years 7 months 6 days 12 years 7 months 6 days
Initial weighted average cash lease yield (percent) 7.60% 7.60%
Properties under development    
Real Estate [Line Items]    
Number of properties, under development | property 122 122
Leasable square feet (sq ft) | ft² 2,319 2,319
Investment | $ $ 235.6  
Weighted average lease term (years) 14 years 9 months 18 days 14 years 9 months 18 days
Initial weighted average cash lease yield (percent) 6.00% 6.00%
Properties under development | UNITED KINGDOM    
Real Estate [Line Items]    
Number of properties, under development | property 3 3
Investment | £   £ 3.8