W. P. Carey Inc. Reit · NYSE:WPC
W. P. Carey Inc. Reit — W. P. Carey — Q3 2026 Earnings Presentation
48 slides from W. P. Carey Inc. Reit's earnings presentation, Oct 27, 2026
Slide 1: W. P. Carey Inc. Third Quarter 2026 Investor Presentation
1 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 W. P. Carey Inc. | NYSE: WPC Third Quarter 2026 50+ YEARS OF INVESTING FOR THE LONG RUN® Investor
Slide 2: Cautionary Statement Concerning Forward-Looking Statements
2 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Cautionary Statement Concerning Forward-Looking Statements All data presented herein is as of Sep
Slide 3: Table of Contents
3 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 4 12 23 33 39 45 Key Highlights Platform Overview Portfolio Balance Sheet Case Studies Corporate
Slide 4: Key Investor Takeaways
4 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 (1) AFFO is a non-GAAP measure. Refer to the Disclosures section of the Appendix for definition o
Slide 5: Powerful Combination of Internal and External Growth Drivers
5 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 1,617 $1,725 $1,419 $1,324 $1,582 $2,105 $2,100 2021 2022 2023 2024 2025 2026E 1.6% 3.1% 4.2% 2.9
Slide 6: Sector-Leading Average Investment Yields
6 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 (1) Going-in cap rate represents year 1 cash base rent divided by gross investment amount includi
Slide 7: Liquidity and Cost of Capital Advantage
7 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Note: WPC data as of September 30, 2026. Other net lease REIT data based on company filings as of
Slide 8: Deliberate Path to a Stronger Business
8 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 ✓ 2012 REIT Conversion Through Year End 2025 Select Metrics (2012 vs. Today) (1) (1) All 2012 met
Slide 9: Enhanced Total Return Profile
9 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 2025 Delivered 2026 Projected Note: Market data (share price / dividend yield) per FactSet as of
Slide 10: Net Lease Benchmarking
10 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 2026 Investment Guidance Midpoint ($MM) (2) LQA Dividend Yield Note: Market data (share price /
Slide 11: 2026 Guidance and Third Quarter Highlights
11 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 AFFO per diluted share $5.23 - $5.29 Investment volume $1.8 - $2.1 billion Disposition volume $3
Slide 12: Platform Overview
12 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Property: Nippon Platform Overview
Slide 13: Company at a Glance
13 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 50+ years investing in net lease ~$24 billion enterprise value (1) 1,755 / 383 properties / tena
Slide 14: One Platform, Multiple Growth Levers
14 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 One Platform, Multiple Growth Levers Contractual Rent Growth North American Investments European
Slide 15: Sector-Leading Same-Store Rent Growth
15 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Illustrative Growth Comparison Historical Contractual Same-Store Rent Growth (1) Based on 2026E
Slide 16: Contractual Rent Escalations
16 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 30% 18% 49% 3% Note: Portfolio information reflects pro rata ownership of net lease real estate
Slide 17: Differentiated Investment Strategy
17 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Differentiated Investment Strategy Property Types Diversified with emphasis on single-tenant ind
Slide 18: Established European Platform
18 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 25+ years 20 countries 35% total volume Key Benefits Platform Overview (1) Represents annual inv
Slide 19: Time-Tested Investment Process and Underwriting Methodology
19 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Four key underwriting pillars evaluated with continuous feedback from senior management on each
Slide 20: Recent Investment Activity
20 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 (1) Based on total investment volume completed year-to-date (“YTD”) through October 23, 2026, in
Slide 21: Comprehensive Approach to Asset Management
21 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 (1) Excludes assets spun-off into NLOP in 2023. (2) Represents lost cash flow after recoveries o
Slide 22: Carey Tenant Solutions
22 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Build-to-Suits • Financing: funding provider through construction financing or take-out at compl
Slide 23: Portfolio
23 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Shutterstock Stock Image Portfolio
Slide 24: Portfolio Overview
24 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 $1.7 billion of ABR 67% / 33% North America / Europe (1) 1,755 properties 98.6% occupancy (% of
Slide 25: Highly Diversified by Property Type
25 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Manufacturing Logistics Food Production Cold Storage Warehouse Other 39% 25% 22% 14% Note: Portf
Slide 26: Geographic Footprint Spanning North America and Europe
26 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Note: Portfolio information reflects pro rata ownership of net lease real estate assets as of Se
Slide 27: Complementary European Portfolio
27 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Note: Portfolio information reflects pro rata ownership of net lease real estate assets as of Se
Slide 28: Diverse Group of Top Tenants
28 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Note: Portfolio information reflects pro rata ownership of net lease real estate assets as of Se
Slide 29: Focus on Large Tenants with Access to Liquidity
29 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Note: Portfolio information reflects pro rata ownership of net lease real estate assets as of Se
Slide 30: Tenant Industry Diversification
30 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Tenant Industry (1) % of Total U.S. Europe (2) Canada Mexico 1. Packaged Foods & Meats 9.0% 6.7%
Slide 31: Staggered Lease Expirations and Long WALT
31 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 1.7% 2.8% 4.2% 4.0% 2.4% 4.9% 4.0% 5.4% 6.7% 4.8% 4.5% 54.8% 2026 2027 2028 2029 2030 2031 2032
Slide 32: Portfolio Benchmarking
32 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Top 10 Tenant Concentration Weighted Average Lease Term (Years) Note: WPC data as of September 3
Slide 33: Balance Sheet
33 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Property: Fedrigoni Balance Sheet
Slide 34: Size and Scale
34 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Select Net Lease REITs by Size – Equity Market Cap ($Bn) Largest REITs in the RMZ Note: Market d
Slide 35: Fortress, Investment Grade Balance Sheet
35 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Baa1 (stable) Balance Sheet Highlights Liquidity – September 30, 2026 ($MM) Note: Balance sheet
Slide 36: Well-Laddered Debt Maturities
36 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 28 72 11 77 2 170 227 568 568 596 568 738 681 568 325 400 500 350 425 400 350 604 568 67 $0 $596
Slide 37: Active Issuer of Capital
37 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 ~$5Bn total capital markets activity since beginning of 2024 Note: Foreign-denominated issuance
Slide 38: Well-Supported Dividend
38 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 LQA Dividend Yield YTD Payout Ratio (1) Quarterly Dividends Declared Per Share (Annualized) Note
Slide 39: Case Studies
39 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Property: Intergamma Case Studies
Slide 40: Recent North American Transactions
40 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Tenant Credit • Leading manufacturer of bagged mulch and other lawn / garden products Real Estat
Slide 41: Recent European Transactions
41 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Tenant Credit • Global leader in manufacturing and after-market servicing of hydraulic cylinders
Slide 42: Dollar General Investment Case Study
42 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Opportunity • Negative sentiment around dollar stores creating an attractive entry point • Ident
Slide 43: Build-to-Suit Case Study: AEG Presents
43 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Build-to-Suit Case Study: AEG Presents Estimated Project Completion: Q4 2026 / Q1 2027 Maximum T
Slide 44: Asset Management Case Study: Warehouse Repositioning
44 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Asset Management Case Study: Warehouse Repositioning New Lease Signed: March 2024 New Investment
Slide 45: Corporate Responsibility
45 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Property: Sonae Corporate Responsibility
Slide 46: Corporate Responsibility: Doing Good While Doing Well
46 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 (1) For a building to be considered “green-certified” under our investment criteria, it must at
Slide 47: Non-GAAP Financial Disclosures
47 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 The following non-GAAP financial measures are used in this presentation Disclosures Non-GAAP Fin
Slide 48: Other Metrics: Pro Rata Metrics
48 Hex #003666 Hex #007CBA Hex #80BEDD Hex #809BB3 Hex #CCD7E1 Hex #E7E6E6 Hex #F4F7FA Hex #BFBFBF Hex #7F7F7F Hex #55565A Hex #3F3F3F Hex #CCE5F1 Hex #D2D0E6 Hex #7773B5 1 2 3 7 8 4 9 10 5 6 11 13 14 12 Other Metrics Pro Rata Metrics This presentation contains certain metrics prepared on a pro rata