| Market Capitalization (Millions $) |
3,311 |
| Shares
Outstanding (Millions) |
119 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
209 |
| Net Income (TTM) (Millions $) |
96 |
| Cash Flow (TTM) (Millions $) |
-20 |
| Capital Exp. (TTM) (Millions $) |
97 |
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.
Company Address: One Manhattan West, 395 9th Avenue, 58th Floor New York, 10001 NY
Company Phone Number: 492-1100 Stock Exchange / Ticker: CPRY
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