Corporate Property Associates 18 Global Incorpora
Business Description
ted (CPA:18)
Corporate Property Associates 18 Global Incorporated (CPA:18) is a real estate investment trust (REIT) that specializes in acquiring and managing income-producing commercial properties across a range of asset classes including office, industrial, retail, and healthcare properties. CPA:18 is managed by W. P. Carey Inc, a global net lease REIT that has been in operation since 1973.
Established in 2004, CPA:18 operates internationally with a significant focus on the United States, Europe, Japan, and Canada. The company operates an extensive portfolio of properties with a net asset value of over $11.7 billion as of March 31, 2021.
CPA:18 prioritizes asset diversification, aiming to maintain a strong balance between different property types and geographies. The company*s portfolio consists of approximately 630 properties located in 11 different countries. Over 80% of the portfolio is leased to investment-grade tenants, with a weighted average lease term of approximately ten years.
Apart from its core real estate operations, CPA:18 has several unique features that set it apart from other REITs. For instance, the company provides a broad range of customized asset management services to its tenants, including leasing, property management, and construction services. CPA:18 also provides its investors with the ability to customize their investments, allowing them to choose from numerous asset classes and geographies.
The company has a strong track record of financial performance, with a history of delivering consistent returns to its investors. Over the past five years, the company has delivered an average annual return of approximately 9.3% to its investors.
In summary, CPA:18 is a well-established REIT with a diversified portfolio of high-quality commercial real estate properties across the globe. The company*s strong financial performance, innovative asset management services, and customizable investment options make it an attractive investment for investors seeking exposure to the commercial real estate market.
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