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Segment and Geographic Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Income and Comprehensive Income Our significant segment expenses include consolidated expense categories presented in our consolidated statements of income and comprehensive income, as well as additional significant segment expense categories reported within 'Property (including reimbursements)' and 'General and administrative' expense captions, as follows (in millions):
Three months ended
June 30,
Six months ended
 June 30,
2025202420252024
Property expenses (excluding reimbursements)$20.0 $19.3 $39.3 $35.9 
Cash G&A expenses (1)
$41.2 $37.8 $79.4 $69.4 
(1) Represents 'General and administrative' expenses as presented in our consolidated statements of income and comprehensive income, less share-based compensation costs.
Schedule of Disaggregation of Revenue by Segment
The following table disaggregates domestic and international revenue by major asset types and geographic regions (in thousands):
Three months ended June 30,
20252024
U.S.U.K.
Other (1)
TotalU.S.U.K.
Other (1)
Total
Retail$858,362 $155,506 $47,225 $1,061,093 $858,714 $123,715 $35,617 $1,018,046 
Industrial 197,205 12,582 4,537 214,324 191,061 12,160 — 203,221 
Other (2)
61,242 1,529 — 62,771 63,461 — — 63,461 
Rental (including reimbursements)$1,116,809 $169,617 $51,762 $1,338,188 $1,113,236 $135,875 $35,617 $1,284,728 
Other revenue 72,190 54,715 
Total revenue $1,410,378 $1,339,443 
Six months ended June 30,
20252024
U.S.U.K.
Other (1)
TotalU.S.U.K.
Other (1)
Total
Retail$1,722,434 $293,670 $86,606 $2,102,710 $1,669,629 $240,521 $67,255 $1,977,405 
Industrial 393,634 24,245 4,537 422,416 368,233 23,883 — 392,116 
Other (2)
123,629 2,490 — 126,119 123,376 — — 123,376 
Rental (including reimbursements)$2,239,697 $320,405 $91,143 $2,651,245 $2,161,238 $264,404 $67,255 $2,492,897 
Other revenue 139,638 107,031 
Total revenue $2,790,883 $2,599,928 
(1) Other includes rental revenue generated from all other European countries we operate in.
(2) Other includes all other property types in our portfolio.
Schedule of Disaggregation of Long-Lived Assets The following table disaggregates domestic and international total long-lived assets (in millions):
June 30, 2025December 31, 2024
U.S.U.K.
Other (1)
TotalU.S.U.K.
Other (1)
Total
Long-lived assets$42,688.2 $8,832.4 $2,600.1 $54,120.7 $43,186.5 $7,485.6 $1,617.7 $52,289.8 
Remaining assets17,303.4 16,545.2 
Total assets$71,424.1 $68,835.0 
(1) Other includes long-lived assets in all other European countries we operate in.