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W.P. Carey Inc. (NYSE: WPC) maintains this comprehensive news hub for investors tracking this leading net lease REIT's corporate developments. Access verified press releases and analysis covering strategic acquisitions, earnings disclosures, and portfolio updates from the company's global commercial real estate operations.
This centralized resource provides timely updates on WPC's sale-leaseback transactions, build-to-suit financing projects, and dividend declarations. Users will find detailed reporting on property acquisitions across industrial, warehouse, and retail sectors alongside management commentary on market positioning.
Key updates include quarterly financial results, partnership announcements, and operational milestones from WPC's U.S. and European portfolios. All content undergoes strict verification to ensure compliance with financial reporting standards.
Bookmark this page for direct access to W.P. Carey's official communications and third-party analysis of its long-term lease strategies and investment management activities. Check regularly for updates reflecting the company's position in the evolving net lease real estate market.
W. P. Carey reported strong Q1 2025 financial results with net income of $125.8 million and AFFO of $1.17 per share. The company completed $448.6 million in investments year-to-date, including $275.1 million in Q1.
Key highlights:
- Reaffirmed 2025 AFFO guidance of $4.82-$4.92 per share
- Increased quarterly dividend to $0.890 per share
- Achieved 2.4% contractual same-store rent growth
- Portfolio includes 1,614 net lease properties across 177 million square feet
- Maintained strong 98.3% occupancy rate
The company strengthened its balance sheet by repaying $450 million in Senior Notes and refinancing a €500 million term loan. With $2.0 billion in total liquidity and a well-diversified portfolio of industrial, warehouse, and retail properties, W. P. Carey remains positioned for continued growth despite market uncertainty.
W. P. Carey (NYSE: WPC), a major net lease REIT, has scheduled the release of its Q1 2025 financial results for Tuesday, April 29, 2025, after market close. The company will host a conference call and webcast to discuss the results on Wednesday, April 30, 2025, at 11:00 a.m. ET.
As of December 31, 2024, W. P. Carey's portfolio includes 1,555 net lease properties spanning approximately 176 million square feet and 78 self-storage operating properties. The company specializes in single-tenant industrial, warehouse, and retail properties across the U.S. and Northern and Western Europe, operating from offices in New York, London, Amsterdam, and Dallas.
W. P. Carey (NYSE: WPC) has completed Q1 2025 investments of $275 million, primarily in industrial property sale-leasebacks. The company maintains its 2025 investment volume forecast of $1.0-1.5 billion and expects disposition proceeds of $500 million to $1.0 billion.
Key tenant updates include:
- Hellweg: Agreement to terminate leases on 12 stores by 2026, with active negotiations to lease 8 stores at current rent levels
- Do it Best (formerly True Value): Executed lease amendments for six facilities, while three assets will be vacated and sold
- Hearthside: Successfully emerged from Chapter 11 with leases maintained at existing terms
The company refinanced its €500 million term loan, extending maturity to 2029, and affirmed its 2025 AFFO guidance of $4.82-$4.92 per diluted share. Expected rent loss from tenant credit events remains projected at $15-20 million for 2025.
W. P. Carey (NYSE: WPC), a leading net lease REIT, has released its 2024 CEO Letter highlighting key achievements. The company completed its office exit strategy and established a new AFFO baseline for future growth. In 2024, WPC completed $1.6 billion of investments in industrial, warehouse, and retail properties across the U.S. and Europe.
The company achieved 2.6% year-over-year contractual same-store rent growth, maintaining best-in-class rent escalations on new investments. As of December 31, 2024, WPC's portfolio includes 1,555 net lease properties covering approximately 176 million square feet and 78 self-storage operating properties.
CEO Jason Fox emphasized the company's transformation into a simpler, more dynamic business with a strong balance sheet, access to multiple capital forms, exceptional rent growth, and a proven investment approach positioned for sustainable growth.
W. P. Carey (NYSE: WPC) has announced a dividend increase, with its Board of Directors raising the quarterly cash dividend to $0.890 per share, representing an annualized dividend rate of $3.56 per share. The dividend will be paid on April 15, 2025, to stockholders of record as of March 31, 2025.
As one of the largest net lease REITs, WPC maintains a diverse portfolio comprising 1,555 net lease properties spanning approximately 176 million square feet and 78 self-storage operating properties as of December 31, 2024. The company's strategic focus remains on single-tenant industrial, warehouse, and retail properties across the U.S. and Northern and Western Europe, secured by long-term net leases with built-in rent escalations.
W. P. Carey Inc. (NYSE: WPC) reported its Q4 and full-year 2024 financial results. Q4 net income was $47.0 million ($0.21 per share), down 67.4% year-over-year, while full-year net income reached $460.8 million ($2.09 per share). The company achieved record Q4 investment volume of $841.3 million, bringing 2024's total to $1.6 billion.
Q4 AFFO was $1.21 per diluted share, up 1.7% from Q4 2023, while full-year AFFO was $4.70 per share. The company declared a Q4 cash dividend of $0.880 per share. For 2025, WPC provided AFFO guidance of $4.82-$4.92 per share, with planned investment volume of $1.0-$1.5 billion.
The company completed its strategic exit from the office sector and maintains a portfolio of 1,555 net lease properties across 176 million square feet, with a 98.6% occupancy rate and 12.3-year weighted-average lease term. Contractual same-store rent growth was 2.6% year-over-year.
W. P. Carey (NYSE: WPC) has released the tax treatment details for its 2024 dividends. The company distributed four quarterly dividends throughout 2024, showing a gradual increase from $0.86 to $0.875 per share. The distributions were split between ordinary dividends, capital gain distributions, and nondividend distributions.
As of September 30, 2024, W. P. Carey operates as one of the largest net lease REITs, managing 1,430 net lease properties spanning approximately 172 million square feet, along with 78 self-storage operating properties. The company's portfolio focuses on industrial, warehouse, and retail properties across the U.S. and Northern and Western Europe.
W. P. Carey (NYSE: WPC), a leading net lease REIT, announced it will release its Q4 and full-year 2024 financial results after market close on February 11, 2025. The company will host a conference call and webcast to discuss results on February 12, 2025, at 11:00 a.m. ET.
As of September 30, 2024, W. P. Carey's portfolio includes 1,430 net lease properties spanning approximately 172 million square feet and 78 self-storage operating properties. The company focuses on single-tenant industrial, warehouse, and retail properties in the U.S. and Northern and Western Europe under long-term net leases with built-in rent escalations.
W. P. Carey (NYSE: WPC) announced total investment volume of $1.6 billion for 2024, including a record fourth-quarter volume of $845 million. The investments achieved a weighted-average initial cap rate of 7.5% and an average yield of 9%, reflecting contractual rent escalations.
The company's 2024 investments focused primarily on warehouse and industrial properties (60%) and retail properties (30%), with approximately 75% located in North America and 25% in Europe. Notable Q4 investments included: $200 million for 106 Dollar General stores across 21 U.S. states; $100 million for a Canadian Solar industrial facility in Kentucky; $100 million for a manufacturing campus in Monterrey, Mexico; and $100 million for a data center in Weehawken, NJ.
W. P. Carey (NYSE: WPC) announced a dividend increase, with its Board of Directors raising the quarterly cash dividend to $0.880 per share, equivalent to an annualized dividend rate of $3.52 per share. The dividend will be paid on January 15, 2025 to stockholders of record as of December 31, 2024.
The company is among the largest net lease REITs, managing a diversified portfolio of 1,430 net lease properties spanning approximately 172 million square feet and 78 self-storage operating properties as of September 30, 2024. WPC focuses on single-tenant, industrial, warehouse and retail properties in the U.S. and Northern and Western Europe.
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