W. P. Carey

W.P. Carey is a prominent real estate investment trust headquartered in New York, specializing in the acquisition and management of operationally-critical commercial real estate. Established in 1973, it boasts a diversified portfolio of over 1,200 net lease properties, totaling approximately 142 million square feet, primarily located in the United States and Northern and Western Europe. The company focuses on long-term sale-leaseback and build-to-suit financing arrangements for single-tenant properties, including industrial, warehouse, office, retail, and self-storage facilities. With a history of nearly five decades, W.P. Carey emphasizes stability and growth through long-term leases with creditworthy tenants, enabling the generation of consistent cash flows and rising dividend income for its investors. The company's operations are divided into Real Estate and Investment Management segments, with the majority of its income derived from lease revenues.