Discontinued — last reported Q4 '18
An increase generally tracks with rising property operating costs, provided the recovery mechanism remains effective.
These are property-related expenses that are contractually required to be paid back by the tenants, such as common area...
Common in commercial real estate; peers report this as 'Recoverable operating expenses' or 'Tenant reimbursements'.
wpc_segment_owned_real_estate_reimbursable_tenant_costs