Welcome to our dedicated page for W.P. Carey news (Ticker: WPC), a resource for investors and traders seeking the latest updates and insights on W.P. Carey stock.
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 Inc. announced the pricing of €650 million in Senior Unsecured Notes with an annual interest rate of 4.250% due in 2032. The Notes were offered at 99.526% of the principal amount and are expected to settle on May 16, 2024. The net proceeds will be used for general corporate purposes and to repay debts. Merrill Lynch International, Barclays Bank PLC, RBC Europe , and Wells Fargo Securities International acted as joint book-runners for the offering.
W. P. Carey Inc. reported their financial results for the first quarter of 2024, highlighting a net income of $159.2 million, diluted earnings per share of $0.72, and AFFO of $251.9 million. The company affirmed its 2024 AFFO guidance of $4.65 to $4.75 per diluted share and completed $374.5 million in real estate investments year to date. They also repaid $500 million of senior unsecured notes due 2024.