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Investments in Real Estate - Acquisitions (Details) - 6 months ended Jun. 30, 2024 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 | 196 | 196 | 196
Leasable square feet (sq ft) | ft² | 8,435 | 8,435 | 8,435
Investment | $ 974.0 |  |
Weighted average lease term (years) | 11 years 10 months 24 days | 11 years 10 months 24 days | 11 years 10 months 24 days
Initial weighted average cash lease yield (percent) | 7.80% | 7.80% | 7.80%
Settlement credits as reimbursement for acquired rent free period | $ 0.5 |  |
Rental revenue generated from acquisitions from investment grade tenants (as a percent) | 31.00% | 31.00% | 31.00%
Retail |  |  |
Real Estate [Line Items] |  |  |
Property type acquired based on rental revenue (as a percent) | 86.20% | 86.20% | 86.20%
Industrial |  |  |
Real Estate [Line Items] |  |  |
Property type acquired based on rental revenue (as a percent) | 13.80% | 13.80% | 13.80%
New properties |  |  |
Real Estate [Line Items] |  |  |
Number of properties, new | property | 34 | 34 | 34
Leasable square feet (sq ft) | ft² | 2,283 | 2,283 | 2,283
Investment | $ 565.0 |  |
Weighted average lease term (years) | 9 years 6 months | 9 years 6 months | 9 years 6 months
Initial weighted average cash lease yield (percent) | 8.10% | 8.10% | 8.10%
New properties | Acquisitions - U.S. |  |  |
Real Estate [Line Items] |  |  |
Number of properties, new | property | 20 | 20 | 20
Leasable square feet (sq ft) | ft² | 719 | 719 | 719
Investment | $ 147.1 |  |
Weighted average lease term (years) | 19 years 3 months 18 days | 19 years 3 months 18 days | 19 years 3 months 18 days
Initial weighted average cash lease yield (percent) | 7.70% | 7.70% | 7.70%
New properties | Acquisitions - Europe |  |  |
Real Estate [Line Items] |  |  |
Number of properties, new | property | 14 | 14 | 14
Leasable square feet (sq ft) | ft² | 1,564 | 1,564 | 1,564
Investment | $ 417.9 |  |
Weighted average lease term (years) | 6 years 2 months 12 days | 6 years 2 months 12 days | 6 years 2 months 12 days
Initial weighted average cash lease yield (percent) | 8.20% | 8.20% | 8.20%
Properties under development |  |  |
Real Estate [Line Items] |  |  |
Number of properties, under development | property | 162 | 162 | 162
Leasable square feet (sq ft) | ft² | 6,152 | 6,152 | 6,152
Investment | $ 409.0 |  |
Weighted average lease term (years) | 15 years 6 months | 15 years 6 months | 15 years 6 months
Initial weighted average cash lease yield (percent) | 7.40% | 7.40% | 7.40%
Properties under development | U.K. |  |  |
Real Estate [Line Items] |  |  |
Investment | £ |  | £ 35.2 |
Properties under development | Spain |  |  |
Real Estate [Line Items] |  |  |
Investment | € |  |  | € 17.7
Properties under development | Portugal |  |  |
Real Estate [Line Items] |  |  |
Investment | € |  |  | € 6.9

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