Profile: W. P. Carey Inc (WPC.N)
WPC.N on New York Stock Exchange
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W. P. Carey Inc. (W.P. Carey) is a self-managed diversified real estate investment trust (REIT). The Company is an owner and manager of commercial real estate, primarily net leased to companies on a long-term basis. It operates through two segments, which include Owned Real Estate and Investment Management. As of December 31, 2016, managed an investment portfolio of 1,373 properties, including 903 net-leased properties and two operating properties within its owned real estate portfolio. The Company also acts as an advisor to management business. The Company owns and invests in commercial properties primarily in the United States and Europe that are then leased to companies, primarily on a triple-net lease basis, which requires the tenant to pay the costs associated with operating and maintaining the property. It also manages the portfolios of the managed REITs' real estate investments and the loans made by Carey Credit Income Fund (CCIF), and earns asset-based management revenue.
W. P. Carey Inc
50 Rockefeller Plz
NEW YORK NY 10020-1605