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You have been appointed to manage the below retail complex and on your first day of your new job (today), you want to calculate WALE
You have been appointed to manage the below retail complex and on your first day of your new job (today), you want to calculate WALE based on area and WALE based on income. Please provide your answer in four decimal places
\begin{tabular}{|r|l|r|c|r|r|r|} \hline \multicolumn{1}{|l|}{ ID } & \multicolumn{1}{c|}{ Tenant } & \multicolumn{1}{c|}{ Area (sqm) } & Gross Income ($) & Term & Lease start & Lease End \\ \hline 1 & Retail 1 & 40 & 35,803 & 5 & 1-Aug-19 & 30-Jul-24 \\ \hline 2 & vacant & 50 & 35,000 & & & \\ \hline 3 & Retail 3 & 45 & 32,859 & 3 & 1-Aug-20 & 30-Jul-23 \\ \hline 4 & Retail 4 & 40 & 20,867 & 2 & 1-Jan-20 & 30-Dec-22 \\ \hline 5 & vacant & 45 & 30,000 & & & \\ \hline 6 & Retail 6 & 200 & 184,228 & 5 & 1-Jan-19 & 30-Dec-23 \\ \hline & Total & 420 & & & & \\ \hline \end{tabular}Step by Step Solution
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