W.P. Carey Inc. Announces $1.3 Billion Year-to-Date Investment in Single-Tenant Net Lease Properties Across North America and Europe
Reuters
Sep 04
W.P. Carey Inc. Announces $1.3 Billion Year-to-Date Investment in Single-Tenant Net Lease Properties Across North America and Europe
W.P. Carey Inc., a leading net lease REIT, has announced a significant year-to-date investment volume totaling approximately $1.3 billion. The company recently completed additional investments worth $250.8 million, primarily in single-tenant industrial properties located in North America and Europe. This activity follows their second quarter earnings release and highlights W.P. Carey's continued focus on expanding their portfolio of high-quality, operationally critical commercial real estate. Alongside their investments, W.P. Carey has also achieved gross disposition proceeds amounting to $875.0 million so far this year. The company remains committed to investing in industrial, warehouse, and retail properties under long-term net leases, further strengthening its presence in the U.S. and European markets.
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