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.
