Business
W. P. Carey 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 and affirmed its full-year 2025 AFFO guidance.
About this update from W. P. Carey Inc. Reit
[{"type":"text","content":"Completes First Quarter Investment Volume of $275 Million","length":57,"tagName":"p","attribs":{}},{"type":"text","content":"Provides Updates on Hellweg, True Value and Hearthside and Affirms 2025 AFFO Guidance","length":85,"tagName":"p","attribs":{}},{"type":"text","content":"Recasts Existing €500 Million Term Loan Extending Maturity to 2029","length":66,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, April 1, 2025 /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 and affirmed its full-year 2025 AFFO guidance.","length":332,"tagName":"p"},{"type":"image","alt":"W. P. Carey Inc. Logo. (PRNewsFoto/W. P. Carey Inc.) (PRNewsfoto/W. P. Carey Inc.)","displaySize":"","headline":null,"caption":"W. P. Carey Inc. Logo. (PRNewsFoto/W. P. Carey Inc.) (PRNewsfoto/W. P. Carey Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":66,"url":"https://media.zenfs.com/en/prnewswire.com/11d271f4b9e622d8c81e71d30abd7266"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZPvfv8LviIyFnvKZykflKA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTExNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/11d271f4b9e622d8c81e71d30abd7266","width":400,"height":66}},"href":"https://mma.prnewswire.com/media/326749/w__p__carey_inc__logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Investments","length":11,"tagName":"p"},{"type":"text","content":"During the 2025 first quarter, W. P. Carey completed investments totaling approximately $275 million, primarily comprising sale-leasebacks of industrial properties. In addition, the Company currently has capital investments and commitments totaling approximately $120 million scheduled to be completed during 2025.","length":319,"tagName":"p"},{"type":"text","content":"For the 2025 full year, the Company continues to expect investment volume totaling between $1.0 billion and $1.5 billion.","length":121,"tagName":"p"},{"type":"text","content":"Dispositions ","length":12,"tagName":"p"},{"type":"text","content":"During the 2025 first quarter, W. P. Carey completed dispositions with gross proceeds totaling approximately $130 million.","length...