W. P. Carey Announces Year-to-Date Investment Volume Totaling Approximately $1.3 Billion
W. P. Carey (NYSE: WPC), a leading net lease REIT, reported significant investment and disposition activity in 2025. The company has achieved year-to-date investment volume of $1.3 billion, including $250.8 million in new investments since Q2 earnings, primarily in single-tenant industrial properties across North America and Europe.
The company has completed dispositions totaling $875.0 million year-to-date, with $310.0 million occurring after Q2 earnings, mainly from self-storage operating properties. Self-storage dispositions have reached $460.8 million, representing about half of the company's self-storage operating portfolio NOI at 2025's start.
WPC maintains its full-year guidance of $1.4-1.8 billion for investments and $900 million-$1.3 billion for dispositions, achieving approximately 150 basis points spread between disposition and new investment cap rates.
W. P. Carey (NYSE: WPC), importante REIT specializzato in contratti net lease, ha registrato nel 2025 una notevole attività di investimenti e dismissioni. L'azienda ha raggiunto un volume di investimenti da inizio anno pari a 1,3 miliardi di dollari, comprensivo di 250,8 milioni di dollari in nuovi investimenti realizzati dopo i risultati del secondo trimestre, concentrati principalmente in immobili industriali mono-inquilino in Nord America ed Europa.
Le dismissioni complessive da inizio anno ammontano a 875,0 milioni di dollari, di cui 310,0 milioni di dollari sono state completate dopo i risultati del secondo trimestre, principalmente derivanti da immobili operativi per self-storage. Le dismissioni nel settore self-storage hanno raggiunto 460,8 milioni di dollari, pari a circa la metà del NOI dell'intero portafoglio operativo self-storage all'inizio del 2025.
WPC conferma la guidance per l'intero anno di 1,4-1,8 miliardi di dollari per gli investimenti e di 900 milioni - 1,3 miliardi di dollari per le dismissioni, registrando uno spread di circa 150 punti base tra i tassi di capitalizzazione delle dismissioni e quelli dei nuovi investimenti.
W. P. Carey (NYSE: WPC), un REIT líder en net lease, informó en 2025 una actividad significativa de inversiones y desinversiones. La compañía alcanzó un volumen de inversión acumulado en el año de $1,3 mil millones, incluyendo $250,8 millones en nuevas inversiones desde los resultados del segundo trimestre, principalmente en propiedades industriales single-tenant en Norteamérica y Europa.
Las desinversiones completadas en el año suman $875,0 millones, de los cuales $310,0 millones se realizaron después de los resultados del segundo trimestre, mayormente procedentes de propiedades operativas de self-storage. Las desinversiones de self-storage han alcanzado $460,8 millones, lo que representa aproximadamente la mitad del NOI de la cartera operativa de self-storage al inicio de 2025.
WPC mantiene su guía para todo el año de $1,4-1,8 mil millones en inversiones y de $900 millones - $1,3 mil millones en desinversiones, logrando un spread de aproximadamente 150 puntos básicos entre las tasas de capitalización de las desinversiones y las de las nuevas inversiones.
W. P. Carey (NYSE: WPC), 선도적인 넷리스 REIT는 2025년에 상당한 투자 및 처분 활동을 보고했습니다. 회사는 연초 이후 투자 규모가 13억 달러에 달했으며, 그중 2억508만 달러는 2분기 실적 발표 이후 이루어진 신규 투자로, 주로 북미와 유럽의 단일 임차인(싱글 테넌트) 산업용 부동산에 집중되었습니다.
연초 이후 완료된 처분 금액은 총 8억7500만 달러이며, 그중 3억1000만 달러가 2분기 실적 이후에 진행되었고 주로 셀프스토리지 운영 자산에서 발생했습니다. 셀프스토리지 처분 금액은 4억608만 달러에 달해 2025년 초 기준 운영 중인 셀프스토리지 포트폴리오 NOI의 약 절반에 해당합니다.
WPC는 연간 가이던스를 유지하며 투자액을 14억~18억 달러, 처분액을 9억~13억 달러로 제시했고, 처분 캡율과 신규 투자 캡율 간의 스프레드는 대략 150 베이시스 포인트를 기록했습니다.
W. P. Carey (NYSE: WPC), un important REIT spécialisé en net lease, a déclaré une activité significative d'investissements et de cessions en 2025. La société a atteint un volume d'investissement cumulé depuis le début de l'année de 1,3 milliard de dollars, dont 250,8 millions de dollars en nouveaux investissements depuis les résultats du deuxième trimestre, principalement dans des immeubles industriels mono-locataires en Amérique du Nord et en Europe.
Les cessions réalisées depuis le début de l'année s'élèvent à 875,0 millions de dollars, dont 310,0 millions de dollars après les résultats du deuxième trimestre, principalement issus d'actifs opérationnels de self-storage. Les cessions de self-storage ont atteint 460,8 millions de dollars, soit environ la moitié du NOI du portefeuille opérationnel self-storage au début de 2025.
WPC confirme ses prévisions annuelles de 1,4–1,8 milliard de dollars pour les investissements et de 900 millions–1,3 milliard de dollars pour les cessions, en réalisant un écart d'environ 150 points de base entre les taux de capitalisation des cessions et ceux des nouveaux investissements.
W. P. Carey (NYSE: WPC), ein führender Net-Lease-REIT, meldete für 2025 eine erhebliche Investitions- und Desinvestitionsaktivität. Das Unternehmen verzeichnete ein Jahresinvestitionsvolumen von 1,3 Mrd. USD, davon 250,8 Mio. USD an Neuinvestitionen seit den Q2-Ergebnissen, überwiegend in Single-Tenant-Industrieimmobilien in Nordamerika und Europa.
Die bislang getätigten Desinvestitionen belaufen sich auf 875,0 Mio. USD, wobei 310,0 Mio. USD nach den Q2-Ergebnissen angefallen sind, hauptsächlich aus operativen Self-Storage-Objekten. Self-Storage-Desinvestitionen haben 460,8 Mio. USD erreicht und entsprechen etwa der Hälfte des NOI des Self-Storage-Betriebsportfolios zu Beginn von 2025.
WPC bestätigt seine Jahresprognose von 1,4–1,8 Mrd. USD für Investitionen und 900 Mio.–1,3 Mrd. USD für Desinvestitionen und erzielt eine Spanne von rund 150 Basispunkten zwischen den Cap-Rates bei Desinvestitionen und neuen Investitionen.
- Achieved $1.3 billion in year-to-date investment volume
- Generated 150 basis points spread between disposition and new investment cap rates
- Successfully executed $875.0 million in strategic dispositions year-to-date
- Company is on track to reach the high end of guidance ranges
- Maintaining strong investment activity despite current market environment
- Significant reduction in self-storage portfolio with disposal of approximately 50% of NOI
- Heavy reliance on asset sales to fund new investments
Insights
WPC executing strong capital recycling strategy with favorable 150bps spread between dispositions and new investments, tracking toward high end of guidance.
W.P. Carey has demonstrated robust capital recycling activity in 2025, with
The strategic disposition of self-storage properties has now reached
What's particularly impressive is the
The company maintains a diverse portfolio of approximately 1,600 net lease properties spanning 178 million square feet, plus 66 self-storage operating properties. Their continued focus on single-tenant industrial, warehouse, and retail properties in the US and Europe with built-in rent escalations positions them well in the net lease REIT sector despite macro challenges.
Includes New Investment Volume Totaling
Year-to-Date Gross Disposition Proceeds Totaling
Investments
W. P. Carey completed additional investments totaling
The Company's full-year investment volume guidance range is currently
Dispositions
The Company completed additional dispositions with gross proceeds totaling
The Company's full-year disposition volume guidance range is currently
Jason Fox, Chief Executive Officer and President, W. P. Carey said: "We continue to demonstrate our ability to source and close deals in the current environment, at cap rates, lease terms, and rent escalations in-line with where we've been investing throughout this year. Given our current strategy of funding investments primarily through accretive sales of non-core assets, this has generated approximately 150 basis points of spread between the average cap rates on our dispositions and new investments. On the strength of our activity year-to-date and our robust pipeline, we see a path towards the high end of our guidance range if we continue executing at these levels. We will review our guidance assumptions when we report third quarter earnings."
W. P. Carey Inc.
W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,600 net lease properties covering approximately 178 million square feet and a portfolio of 66 self-storage operating properties as of June 30, 2025. With offices in
www.wpcarey.com
Certain of the matters discussed in this communication constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The forward-looking statements include, among other things, statements regarding the intent, belief or expectations of W. P. Carey and can be identified by the use of words such as "may," "will," "should," "would," "will be," "goals," "believe," "project," "expect," "anticipate," "intend," "estimate" "opportunities," "possibility," "strategy," "maintain" or the negative version of these words and other comparable terms. These forward-looking statements include, but are not limited to, statements made by Mr. Jason Fox regarding deal volume, sources of capital and expectations for guidance range. These statements are based on the current expectations of our management, and it is important to note that our actual results could be materially different from those projected in such forward-looking statements. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Other unknown or unpredictable risks or uncertainties, like the risks related to fluctuating interest rates, the impact of inflation and tariffs on our tenants and us, the effects of pandemics and global outbreaks of contagious diseases, and domestic or geopolitical crises, such as terrorism, military conflict, war or the perception that hostilities may be imminent, political instability or civil unrest, or other conflict, and those additional risk factors discussed in reports that we have filed with the SEC, could also have material adverse effects on our future results, performance or achievements. Discussions of some of these other important factors and assumptions are contained in W. P. Carey's filings with the SEC and are available at the SEC's website at http://www.sec.gov, including Part I, Item 1A. Risk Factors in W. P. Carey's Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this communication, unless noted otherwise. Except as required under the federal securities laws and the rules and regulations of the SEC, W. P. Carey does not undertake any obligation to release publicly any revisions to the forward-looking statements to reflect events or circumstances after the date of this communication or to reflect the occurrence of unanticipated events.
Institutional Investors:
Peter Sands
1 (212) 492-1110
institutionalir@wpcarey.com
Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
ir@wpcarey.com
Press Contact:
Anna McGrath
1 (212) 492-1166
amcgrath@wpcarey.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/w-p-carey-announces-year-to-date-investment-volume-totaling-approximately-1-3-billion-302545784.html
SOURCE W. P. Carey Inc.
FAQ
What is W. P. Carey's (WPC) investment volume for 2025 year-to-date?
How much has W. P. Carey (WPC) generated from dispositions in 2025?
What is W. P. Carey's (WPC) investment guidance for 2025?
How much of W. P. Carey's self-storage portfolio has been sold in 2025?
What is the spread between W. P. Carey's disposition and new investment cap rates?
