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Investments in Real Estate - Schedule of Acquisitions (Details) ft² in Thousands, $ in Millions | 3 Months Ended
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Mar. 31, 2025 USD ($) ft² property
Real Estate [Line Items] |
Number of Properties | property | 118
Leasable area (in square feet) | ft² | 6,040
Investment | $ 1,165.2
Weighted Average Lease Term (Years) | 6 years 7 months 6 days
Initial Weighted Average Cash Lease Yield (as a percent) | 7.00%
Settlement credits as reimbursement for acquired rent free period | $ 0.8
Rental revenue generated from acquisitions from investment grade tenants (as a percent) | 29.00%
Retail |
Real Estate [Line Items] |
Property type acquired based on rental revenue (as a percent) | 90.30%
Industrial |
Real Estate [Line Items] |
Property type acquired based on rental revenue (as a percent) | 9.70%
New properties |
Real Estate [Line Items] |
Number of properties, new | property | 50
Leasable area (in square feet) | ft² | 3,727
Investment | $ 1,026.3
Weighted Average Lease Term (Years) | 5 years 7 months 6 days
Initial Weighted Average Cash Lease Yield (as a percent) | 7.00%
New properties | U.S. real estate |
Real Estate [Line Items] |
Number of properties, new | property | 34
Leasable area (in square feet) | ft² | 1,038
Investment | $ 201.6
Weighted Average Lease Term (Years) | 12 years 2 months 12 days
Initial Weighted Average Cash Lease Yield (as a percent) | 6.90%
New properties | Europe real estate |
Real Estate [Line Items] |
Number of properties, new | property | 16
Leasable area (in square feet) | ft² | 2,689
Investment | $ 824.7
Weighted Average Lease Term (Years) | 3 years 10 months 24 days
Initial Weighted Average Cash Lease Yield (as a percent) | 7.00%
Properties under development |
Real Estate [Line Items] |
Number of properties, under development | property | 68
Leasable area (in square feet) | ft² | 2,313
Investment | $ 138.9
Weighted Average Lease Term (Years) | 13 years 8 months 12 days
Initial Weighted Average Cash Lease Yield (as a percent) | 7.40%
Properties under development | U.S. real estate |
Real Estate [Line Items] |
Number of properties, under development | property | 55
Leasable area (in square feet) | ft² | 1,994
Investment | $ 70.2
Weighted Average Lease Term (Years) | 16 years 9 months 18 days
Initial Weighted Average Cash Lease Yield (as a percent) | 7.20%
Properties under development | Europe real estate |
Real Estate [Line Items] |
Number of properties, under development | property | 13
Leasable area (in square feet) | ft² | 319
Investment | $ 68.7
Weighted Average Lease Term (Years) | 10 years 9 months 18 days
Initial Weighted Average Cash Lease Yield (as a percent) | 7.50%

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- Definition Represents the percentage of the real estate properties acquired during the period by the type of real estate. + References No definition available. + Details
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- Definition Term of lessor's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-3 + Details
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