← Home
🚀 Sign up Free for Company Insights & Valuation!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
W. P. Carey
Real estate / REIT NNN leases
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
The W. P. Carey company is a global real estate investment trust (REIT) that owns and manages a diverse portfolio of income-generating properties. It was founded in 1973 by entrepreneur William Polk Carey and is headquartered in New York City. The company primarily focuses on investing in commercial real estate properties, such as office buildings, industrial facilities, retail centers, and self-storage facilities.
The W. P. Carey company is structured as a REIT, meaning it must distribute at least 90% of its taxable income to shareholders in the form of dividends. This structure allows the company to avoid corporate taxes and instead pass along a majority of its profits to investors.
The company's investment strategy is based on acquiring high-quality, income-producing properties with long-term leases to creditworthy tenants. This approach helps to provide stable and predictable cash flows for the company and its shareholders.
Some key facts about the W. P. Carey company include:
- It is listed on the New York Stock Exchange under the ticker symbol WPC.
- As of 2021, the company has a market capitalization of over $13 billion.
- The company has a global presence, with investments in North America, Europe, and the Asia-Pacific region.
- W. P. Carey has a long history of paying consistent dividends, with 114 consecutive quarterly increases and a track record of increasing dividends for 24 consecutive years.
In addition to its core real estate business, the W. P. Carey company also provides asset management services to institutional investors and manages publicly traded non-traded REITs.
In summary, the W. P. Carey company is a leading global REIT that specializes in investing in income-generating properties and offering stable dividends to its shareholders.
The W. P. Carey company is structured as a REIT, meaning it must distribute at least 90% of its taxable income to shareholders in the form of dividends. This structure allows the company to avoid corporate taxes and instead pass along a majority of its profits to investors.
The company's investment strategy is based on acquiring high-quality, income-producing properties with long-term leases to creditworthy tenants. This approach helps to provide stable and predictable cash flows for the company and its shareholders.
Some key facts about the W. P. Carey company include:
- It is listed on the New York Stock Exchange under the ticker symbol WPC.
- As of 2021, the company has a market capitalization of over $13 billion.
- The company has a global presence, with investments in North America, Europe, and the Asia-Pacific region.
- W. P. Carey has a long history of paying consistent dividends, with 114 consecutive quarterly increases and a track record of increasing dividends for 24 consecutive years.
In addition to its core real estate business, the W. P. Carey company also provides asset management services to institutional investors and manages publicly traded non-traded REITs.
In summary, the W. P. Carey company is a leading global REIT that specializes in investing in income-generating properties and offering stable dividends to its shareholders.
What is special about the company?
The W. P. Carey company is known for being a pioneer and leader in the sale-leaseback industry, which involves a company selling its real estate assets and then leasing them back from the buyer. This allows companies to free up capital and focus on their core business, while providing a stable income stream for investors. The W. P. Carey company also has a long history of successful real estate investments and a diverse portfolio of properties, including commercial, industrial, and agricultural assets. Additionally, the company is known for its strong financial management and commitment to sustainability and responsible investment practices.
What the company's business model?
The W. P. Carey company is a real estate investment trust (REIT) that specializes in sale-leaseback transactions, net lease investments, build-to-suit developments, credit tenant lease financing, and real estate financing. Its business model is based on acquiring and owning single tenant industrial, warehouse, and office properties that are leased to creditworthy tenants on a long-term basis, typically with triple net leases. This allows the company to generate steady and predictable rental income while mitigating the risks associated with property ownership and management. Additionally, W. P. Carey may also provide financing to its tenants and invest in various real estate debt instruments. The company's strategy is focused on maintaining a diversified portfolio of high-quality properties and generating consistent cash flow through stable long-term leases.
Interesting facts about the company
1. The W. P. Carey company was founded in 1973 by William Polk Carey, a real estate entrepreneur.
2. The company is headquartered in New York City, but also has offices in Los Angeles, Chicago, Dallas, London, Amsterdam, Berlin, Tokyo, and Shanghai.
3. W. P. Carey specializes in net lease real estate investments, meaning they acquire properties and lease them out to tenants on a long-term basis, typically 10-20 years.
4. As of 2021, the company’s real estate portfolio is valued at approximately $18.7 billion, consisting of over 1,200 properties in 24 countries.
5. W. P. Carey was one of the first companies to establish a net lease fund, which allows individual investors to participate in net lease real estate investments.
6. The company went public in 1998 and is listed on the NYSE under the ticker symbol WPC.
7. W. P. Carey has a long history of stable financial performance, with over 100 consecutive quarterly dividends paid to shareholders, and has been recognized as one of the best-performing REITs (Real Estate Investment Trusts) in the country.
8. In addition to real estate, W. P. Carey also has a subsidiary company, Corporate Property Associates 17 – Global Incorporated (CPA®:17 – Global), which is a non-traded REIT focused on acquiring income-producing commercial real estate properties.
9. The company is known for its conservative investment approach, with a focus on acquiring properties with strong credit tenants and long-term leases, which has helped the company weather market downturns and maintain stable returns for shareholders.
10. W. P. Carey is also committed to sustainability and has implemented energy-efficient and environmentally friendly practices in many of its properties, as well as participating in community initiatives to promote sustainability.
See Company Due Diligence:
2. The company is headquartered in New York City, but also has offices in Los Angeles, Chicago, Dallas, London, Amsterdam, Berlin, Tokyo, and Shanghai.
3. W. P. Carey specializes in net lease real estate investments, meaning they acquire properties and lease them out to tenants on a long-term basis, typically 10-20 years.
4. As of 2021, the company’s real estate portfolio is valued at approximately $18.7 billion, consisting of over 1,200 properties in 24 countries.
5. W. P. Carey was one of the first companies to establish a net lease fund, which allows individual investors to participate in net lease real estate investments.
6. The company went public in 1998 and is listed on the NYSE under the ticker symbol WPC.
7. W. P. Carey has a long history of stable financial performance, with over 100 consecutive quarterly dividends paid to shareholders, and has been recognized as one of the best-performing REITs (Real Estate Investment Trusts) in the country.
8. In addition to real estate, W. P. Carey also has a subsidiary company, Corporate Property Associates 17 – Global Incorporated (CPA®:17 – Global), which is a non-traded REIT focused on acquiring income-producing commercial real estate properties.
9. The company is known for its conservative investment approach, with a focus on acquiring properties with strong credit tenants and long-term leases, which has helped the company weather market downturns and maintain stable returns for shareholders.
10. W. P. Carey is also committed to sustainability and has implemented energy-efficient and environmentally friendly practices in many of its properties, as well as participating in community initiatives to promote sustainability.
See Company Due Diligence:
Wait! There's more — sign up for free or log in