W. P. Carey Hits 50-Year Mark with $24 Billion Enterprise Value and Diverse Commercial Real Estate Portfolio W. P. Carey, a prominent net lease real estate investment trust, is marking its 50th anniversary with a robust enterprise value of approximately $24 billion and an impressive portfolio of operationally critical commercial real estate. The portfolio comprises of 1,449 net lease properties spanning across 176 million square feet, as well as 84 self-storage operating properties, as of the end of 2022. Headquartered in New York, with additional offices in London, Amsterdam, and Dallas, W. P. Carey's diverse portfolio is primarily invested in single-tenant, industrial, warehouse, and retail properties. These properties are strategically located in the United States, along with Northern and Western Europe, and boast long-term net leases with built-in rent escalations. As W. P. Carey celebrates a half-century in the industry, the REIT's monumental growth and strategic focus are indicative of its continued success.
W. P. Carey's ticker is WPC
The company's shares trade on the NYSE stock exchange
They are based in New York City, New York
There are 51-200 employees working at W. P. Carey
It is wpcarey.com
W. P. Carey is in the Real Estate sector
W. P. Carey is in the REIT - Diversified industry
The following five companies are W. P. Carey's industry peers: