| Market Capitalization (Millions $) |
15,991 |
| Shares
Outstanding (Millions) |
227 |
| Employees |
199 |
| Revenues (TTM) (Millions $) |
1,791 |
| Net Income (TTM) (Millions $) |
658 |
| Cash Flow (TTM) (Millions $) |
-138 |
| Capital Exp. (TTM) (Millions $) |
2,326 |
Business Description
W P Carey Inc is a real estate investment trust (REIT) that specializes in investing in commercial properties. The company was founded in 1973 and is headquartered in New York City. W P Carey has a market capitalization of over $12 billion and owns or manages over 1,200 properties, totaling approximately 142 million square feet.
The company's investment strategy is centered around acquiring and managing income-producing commercial properties, such as office buildings, industrial facilities, warehouses, retail sites, and self-storage units. W P Carey has a diversified portfolio of properties across various industries and geographies, including North America, Europe, and Asia.
In addition to its property investments, W P Carey provides sale-leaseback financing to tenants, helping them to generate cash while retaining operation control on property. The company utilizes a triple-net-lease structure with its tenants, which means that the tenant pays for all taxes, insurance, and maintenance on the property.
W P Carey is highly focused on providing consistent and reliable returns to investors. It distributes quarterly dividends to shareholders and has a history of increasing its dividend payment each year. The company manages its portfolio for long-term growth, and its investment strategy is designed to provide stable cash flow and capital appreciation to its investors.
The management team at W P Carey is highly experienced and includes some of the best financial minds in the industry. The company's executive team has a deep understanding of the real estate market, allowing it to identify attractive investment opportunities and manage risk effectively.
Overall, W P Carey is a well-diversified and well-managed real estate investment trust that provides stable and reliable returns to its investors. With its focused investment strategy, experienced management team, and extensive property portfolio, the company is a leader in the commercial property sector.
Company Address: One Manhattan West, 395 9th Avenue, 58th Floor New York, 10001 NY
Company Phone Number: 492-1100 Stock Exchange / Ticker: NYSE WPC
|
6.49% 
4.1 %