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Investments in Real Estate - Acquisitions (Details) - 12 months ended Dec. 31, 2023 ft² in Thousands, € in Millions, £ in Millions, $ in Millions | USD ($) ft² property | GBP (£) ft² property | EUR (€) ft² property
--- | --- | --- | ---
Real Estate [Line Items] |  |  |
Number of properties | property | 1,405 | 1,405 | 1,405
Leasable square feet (sq ft) | ft² | 37,861 | 37,861 | 37,861
Investment | $ 8,153.0 |  |
Weighted average lease term (years) | 15 years 1 month 6 days | 15 years 1 month 6 days | 15 years 1 month 6 days
Initial weighted average cash lease yield (percent) | 7.00% | 7.00% | 7.00%
Settlement credits as reimbursement for acquired rent free period | $ 4.4 |  |
Rental revenue generated from acquisitions from investment grade tenants (as a percent) | 31.40% | 31.40% | 31.40%
Retail |  |  |
Real Estate [Line Items] |  |  |
Property type acquired based on rental revenue (as a percent) | 88.70% | 88.70% | 88.70%
Industrial |  |  |
Real Estate [Line Items] |  |  |
Property type acquired based on rental revenue (as a percent) | 8.50% | 8.50% | 8.50%
Other Property |  |  |
Real Estate [Line Items] |  |  |
Property type acquired based on rental revenue (as a percent) | 2.80% | 2.80% | 2.80%
New properties |  |  |
Real Estate [Line Items] |  |  |
Number of properties, new | property | 1,015 | 1,015 | 1,015
Leasable square feet (sq ft) | ft² | 29,767 | 29,767 | 29,767
Investment | $ 6,882.7 |  |
Weighted average lease term (years) | 14 years 10 months 24 days | 14 years 10 months 24 days | 14 years 10 months 24 days
Initial weighted average cash lease yield (percent) | 7.00% | 7.00% | 7.00%
New properties | U.S. |  |  |
Real Estate [Line Items] |  |  |
Number of properties, new | property | 838 | 838 | 838
Leasable square feet (sq ft) | ft² | 15,030 | 15,030 | 15,030
Investment | $ 3,802.3 |  |
Weighted average lease term (years) | 15 years 10 months 24 days | 15 years 10 months 24 days | 15 years 10 months 24 days
Initial weighted average cash lease yield (percent) | 6.90% | 6.90% | 6.90%
New properties | Europe (UK) |  |  |
Real Estate [Line Items] |  |  |
Number of properties, new | property | 177 | 177 | 177
Leasable square feet (sq ft) | ft² | 14,737 | 14,737 | 14,737
Investment | $ 3,080.4 |  |
Weighted average lease term (years) | 13 years 8 months 12 days | 13 years 8 months 12 days | 13 years 8 months 12 days
Initial weighted average cash lease yield (percent) | 7.10% | 7.10% | 7.10%
Properties under development |  |  |
Real Estate [Line Items] |  |  |
Number of properties, under development | property | 390 | 390 | 390
Leasable square feet (sq ft) | ft² | 8,094 | 8,094 | 8,094
Investment | $ 1,270.3 |  |
Weighted average lease term (years) | 16 years 4 months 24 days | 16 years 4 months 24 days | 16 years 4 months 24 days
Initial weighted average cash lease yield (percent) | 6.80% | 6.80% | 6.80%
Properties under development | U.K. |  |  |
Real Estate [Line Items] |  |  |
Investment | £ |  | £ 34.3 |
Properties under development | Spain |  |  |
Real Estate [Line Items] |  |  |
Investment | € |  |  | € 29.3

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