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May 3, 2023
W. P. Carey Celebrates 50 Years of Investing for the Long Run
May 3, 2023
W. P. Carey Celebrates 50 Years of Investing for the Long Run
May 2, 2023 | Sarah Borchersen-Keto | Nareit
Fifty years since its founding, W. P. Carey (NYSE: WPC) has evolved into a pure play net lease REIT positioned to benefit from a simplified strategy, better quality earnings, and increased scale. “Our future has never looked brighter,” says CEO Jason Fox.
Headquartered in New York City, W. P. Carey operates a diversified portfolio of operationally critical net lease properties. The REIT invests primarily in single-tenant, industrial, warehouse, and retail properties located in the United States and Northern and Western Europe, under long-term net leases with built-in rent escalations.
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