Business
W. P. Carey Announces Record Full-Year Investment Volume of $2.1 Billion and Provides Business Update
W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today provided the following business update, including its investment, disposition and capital markets activities.
About this update from W. P. Carey Inc. Reit
[{"type":"text","content":"Full-Year 2025 Disposition Volume of $1.5 Billion, Including $785 Million of Self-Storage Operating Properties","length":110,"tagName":"p","attribs":{}},{"type":"text","content":"$423 Million of Forward Equity Sold in 2025 and Currently Available for Settlement","length":82,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, Jan. 7, 2026 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today provided the following business update, including its investment, disposition and capital markets activities.","length":360,"tagName":"p"},{"type":"text","content":"Investment Activity","length":19,"tagName":"p"},{"type":"text","content":"Record Full-Year Investment Volume","length":34,"tagName":"p"},{"type":"text","content":"For the 2025 full year, W. P. Carey completed record investment volume totaling $2.1 billion at a weighted-average initial cash cap rate of approximately 7.6% and an estimated average yield of approximately 9.2% (reflecting contractual rent escalations over the terms of the leases).","length":283,"tagName":"p"},{"type":"text","content":"Single-tenant warehouse and industrial properties comprised approximately 68% of the Company's full-year investment volume, while retail properties comprised approximately 22%. From a geographic perspective, approximately 69% of its 2025 investment volume was located in the U.S. and 26% in Europe.","length":302,"tagName":"p"},{"type":"text","content":"Strong Fourth-Quarter Investment Volume","length":39,"tagName":"p"},{"type":"text","content":"During the 2025 fourth quarter, the Company completed investment volume totaling about $625 million, including the $322 million acquisition of a portfolio of 10 fitness facilities located in Eastern and Central U.S., net leased to Life Time Fitness, a leading premium fitness operator. Including already-owned properties net leased to Life Time Fitness, it ranked as the Company's third largest tenant by annualized base rent (ABR) at year-end.","length":448,"tagName":"p"},{"type":"text","content":"Sources of Equity Capital","length":25,"tagName":"p"},{"type":"text","content":"Accretive Disposition Activity","length":30,"tagName":"p"},{"type":"text","content":"Du...