NovaTech Global · illustrative portfolio

Lease intelligence

Where the book sits against market, and how much of it you can move.

WALT

5.4 yrs

weighted average lease term

WALT to break

4.6 yrs

if every break is exercised

Flexible RSF

52%

breakable or expiring < 24 mo

Below-market position

$34.7M

value held to renewal

Under-rented leases

93

of leased

Leases with a break

58

early-exit optionality

Position is two questions at once: price and time

A lease's position is not only whether it sits under or over market — it is when that position resets. The matrix below puts both on one pair of axes: a lease well below market is holding value, but a lease that is below market and near expiry is about to surrender it at renewal. The lower-left — short remaining term, deep below market — is the act-now set, and it is exactly where blend-and-extend earns its keep.

Source: NovaTech Global synthetic portfolio · analytical layer · market rents illustrative

The position matrix — price against time

Each lease by remaining term (x) and how far below market it sits (y); bubble size is RSF. Lower-left re-prices first

Position by region

Annual gap to market — green is below-market (favourable). Click to filter

How much you can move, and when

RSF reaching natural expiry vs RSF with an earlier break

Weighted term by region

WALT and WALT-to-break, in years

Flexibility score by region

Share of regional RSF that is breakable or near expiry — click to filter

Lease position, lease by lease

Both axes in one row — sorted by below-market value at risk. Click a row for the full record

Building	Region	Rent/RSF	Market/RSF	Term left	Break	Annual gap	Position

Lease liquidity — what you could exit, and when

Share of RSF reachable via break or expiry within 6, 12 and 24 months. The dashed line is the ~20% keep-liquid rule of thumb

Flex premium — the cost of being locked in

For long leases (4+ yrs remaining): modelled uncertainty cost of the commitment vs the premium to hold flexible space instead