WALE per Asset Type

AREIT

The WALE of AREIT asset are highly skwed overall. 

The Hotel, Retail and especially the Industrial lots have decades of WALE value.

The Office have more half a decade value.

RCR

The RCR WALE value for Mall are not like the Retail sector of AREIT. It does not have a long term lease agreement with the parent company but rather it looks like the office WALE data. Note that for RCR, Mall also have offices like BPO tenant.