W. P. Carey Inc. Reit · NYSE:WPC
W. P. Carey Inc. Reit — W. P. Carey — Investor Presentation (February 2024)
11 slides from W. P. Carey Inc. Reit's investor presentation, Feb 27, 2024
Slide 1: Additional Tenant Disclosure
Exhibit 99.1 WP CAREY Additional Tenant Disclosure February 2024 50° Years of Investing for the Long Run®
Slide 2: Top 25 Tenants: #1 – 5
Top 25 Tenants: #1 — 5 (2) Tenant Ownership WALT ABR —ABR(% Tenant Siz Taare ription Is ) (years) ($MM) of Total) (Revenue) © U-Hauls the preeminent provider for do:ityourself moving trucks. vans and supplies with more: tenant purchase option in Qt 2024, ‘The State of Andalusia is the most populous
Slide 3: Top 25 Tenants: #6 – 10
Top 25 Tenants: #6 — 10 ((2) WALT ABR —ABR(% Tenant Siz Tena ription Property Type ears) ($MM) of Total) (Revenue) oe ee Extra Space Storage is a publicly traded self-storage REIT, member of the S&P 500 and the largest operator of self-storage properties in the U.S. The company owned andior operated
Slide 4: Top 25 Tenants: #11 – 15
WP_CAREY Top 25 Tenants: #11 — 15 ((2) Tenant ) WALT ABR ABR(% Tenant Siz Tena ription nt Property Type (years) ($MM) of Total) (Revenue) oe ee Eroski Is Spain's fourth largest food retailer. Established in 1969, the company operates over 41500 supermarkets and hypermarkets actoss the county. Erosk!
Slide 5: Top 25 Tenants: #16 – 20
Top 25 Tenants: #16 — 20 ((2) Tenant Rank Guarant Property Type WALT (years) ABR ($MM) ABR ( of Total) Tenant Siz (Revenue) | WP_CAREY Tenant ription True Value Is a hardware wholesaler serving approximately 4,500 independent retall stores, Hardware Reta & TERM given. Wh oes © 60 centhek The oreaiy
Slide 6: Top 25 Tenants: #21 – 25
Top 25 Tenants: #21 — 25 (2) Tenant Guarant WALT ABR (years) ($MM) ABR ( of Total) Tenant Siz Rank (Revenue) | Property Type WP_CAREY Tenant ription Founded in 1978, Intergamma is a leading DIY retailer with approximately 400 stores in the Netherlands and Belgium. The undisputed number one in its DI
Slide 7: Tenant Ownership & Size
Tenant Ownership & Size (2) Tenant Ownership Profile (% of ABR) 1. Porto information reflects pro rata ownership of realestate asses (excluding operating properties) as of December 3, 2023. @ Public aN% @ Private Non-PE 29% © Private Equity (PE) 27% © Government Tenant Size by Revenue (% of ABR) (4)
Slide 8: European DIY Portfolio
European DIY Portfolio (2) Retail Diversification (% of ABR) Auto Retail Pharmacy 1% 2% Fitness 4% Sporting $1.34Bn Ens) $279 MM Total ABR Retail ABR Retail DIY portfolio 100% located in Europe ABR at ($MM) ip 500M Faml-ouned mkazed German DY atalr It operon fo 80> yes th aprile 95 - rae ae Sit oper
Slide 9: Historical Same Store Rent Growth
Historical Same Store Rent Growth “ + Comprehensive same store growth includes the impact of vacancies, leasing, restructurings and tenant credit events such as bankruptcies + Over an extended period, there is approximately 100 bps of leakage between contractual and comprehensive, reflecting both cr
Slide 10: Cautionary Statement Concerning Forward-Looking Statements
Cautionary Statement Concerning Forward-Looking Statements Certain of the matters discussed in this communication constitute forward-looking statements within the meaning of the Securities Act of 1933 (as amended, the “Securities Act”) and the Securities Exchange Act of 1934 (as amended, the “Exchan
Slide 11: Disclosures
(@EEEARED Disclosures The following non-GAAP financial measures are used in this presentation Pro Rata Metrics This presentation contains certain metrics prepared on a pro rata basis. We refer to these metrics as pro rata metrics. We have certain investments in which our economic ownership is less t