W. P. Carey Inc.

Today, we honor our Founder Wm. Polk Carey on the anniversary of his passing. His leadership, integrity and unwavering commitment to Doing Good While Doing Well have shaped the company we are today. We will forever cherish his memory and will continue to carry his legacy forward in all we do.

Wishing you and yours a happy and healthy New Year!

Our Amsterdam Team had the pleasure of volunteering at Amsta Nellestein, a residential facility that provides care and support for elderly individuals. Our employees spent the day making the space cozy and festive for residents, including hanging holiday decorations, setting up indoor trees and installing lights in the garden. #CareyForward #DoingGoodWhileDoingWell

Curious about what sets W. P. Carey apart? Discover who we are, what we do and why we’re a leader in the industry. 

Head of European Investments Christopher Mertlitz was featured as one of Property Forum Events & News’s 100 Most Influential People in CEE Real Estate! Read his full profile in the magazine (pg 68): https://bit.ly/4eOa9Jm

W. P. Carey is pleased to announce the approximately $100 million sale-leaseback of a five-building manufacturing and industrial campus in Monterrey, Mexico. Four of the properties were acquired in October, with the remaining property acquired in December. Totaling 1.1 million square feet, the portfolio is triple-net leased to a leading manufacturer of highly engineered industrial components.   Key details:   -Market-leading tenant with strong customer relationships -Critical facilities in a strategic location -Long-term lease with built-in rent growth   Zachary Pasanen, Managing Director, Investments, at W. P. Carey said: “We’re thrilled to acquire this industrial campus and grow our footprint in Mexico, which benefits from strong market fundamentals supported by near-shoring trends. Sale-leasebacks remain an extremely useful tool for manufacturing companies with large real estate footprints critical to their operations. This investment also demonstrates how W. P. Carey remains well positioned to execute on large, multi-property deals, given our ability to transact all-equity and our unparalleled experience. We look forward to working with our newest tenant in the future.”

Regardless of whether a company is entering into a traditional lease or a sale-leaseback, understanding the distinctions between finance and operating leases is essential for accurate financial reporting and decision-making. Chief Accounting Officer Brian Zander, CPA covers the key factors lessees need to know in WPC’s latest blog: https://bit.ly/3BvxxOl

W. P. Carey Increases Quarterly Dividend to $0.880 per Share: https://bit.ly/4gyWLKu

W. P. Carey’s 2024 blog wrap is here! Check out our most read articles from this year: https://bit.ly/3VAWW00

“The executives and managers here really do give you the baton and let you run with your own career, while being in the background to support and guide you. I’ve never felt more in control of my work than I do here, and that’s really empowering,” Treasury Associate Joseph Cafaro on what it’s like to work at WPC. Read his full employee spotlight: https://bit.ly/49ufmVZ