D-Keine Investment Thesis I can't help but respect W. P. Carey's (NYSE:WPC) strong business metrics (high occupancy rate, solid WALT, reasonable tenant diversification) and the quality of its portfolio leaning towards industrial properties. These factors made me invest in the business in the first place. Nevertheless, there are some factors that cannot go unnoticed that made me stop adding since the announcement of the office properties exit plan: low quality of the management communication relatively low ...

Agree is a fast-growing REIT with an attractive yield. This competitor with a higher yield is transitioning its business so it can grow faster.There are a lot of things to like about Agree Realty (ADC 0.63%), but that doesn't make it the perfect selection for all investors. In fact, if you are dividend lover, you might find its generous 4.8% yield just doesn't get your blood running as much as the 6.3% yield from competitor W.P. Carey (WPC 1.34%). Here's why you might want to pick W.P. Carey over Agree Real ...

NEW YORK, July 10, 2024 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT, today announced that John Park will step down as President of the company effective September 30, 2024. Mr. Park will serve as Senior Advisor to the company through February 2025 and will continue to serve as a Trustee of Net Lease Office Properties (NYSE: NLOP) and the W. P. Carey Foundation. The separate role of President will be eliminated, and the title will be assumed by Jason Fox, the company's Chief Execut ...

In addition, W. P. Carey was selected as one of this year's Best Small and Medium Workplaces in New York by Fortune magazine. The Best Workplaces in New York™ list is highly competitive and determined by an analysis of over 140,000 survey responses from employees at eligible Great Place to Work Certified™ companies.Jason Fox, Chief Executive Officer, W. P. Carey said: "It's an honor to be certified as a Great Place to Work for the third consecutive year in the U.S. and the first time in the Netherlands, as ...

W. P. Carey Inc. (NYSE:WPC) Nareit REIT Week: 2024 Investor Conference June 5, 2024 2:45 PM ET Company Participants Jason Fox - Chief Executive Officer Jeremiah Gregory - Managing Director and Head of Capital Markets Conference Call Participants Brad Heffern - RBC Capital Markets Brad Heffern Everybody. Thanks for joining this session. I'm Brad Heffern, I'm the net lease analyst for RBC Capital Markets, and I'm pleased to be here with W. P. Carey today. We have to my left, Jason Fox, CEO; and Jeremiah Grego ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to __________ Commission File Number: 001-13779 W. P. Carey Inc. (Exact name of registrant as specified in its charter) Maryland 45-4549771 (State of incorpora ...

W. P. C A R E Y W. P. Carey Inc. Investor Presentation 1Q24 50+ Years of Investing for the Long Run® | --- | --- | --- | --- | --- | |-----------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Table of Contents | | | | | | Overview | 3 | | | | | Real Estate Portfolio | 7 | | | | | Balance Sheet | 19 | | | | | ESG | 23 | | | | Unless otherwise noted, all data in this presentation is as of March 31, 2024. Amounts may not sum t ...

W. P. Carey Inc. (NYSE:WPC) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Peter Sands - Executive Director & Head, IR Jason Fox - CEO & Director Toni Sanzone - MD & CFO Brooks Gordon - MD & Head, Asset Management Conference Call Participants Mitchell Germain - JMP Securities James Kammert - Evercore ISI Anthony Paolone - JPMorgan Chase & Co. Harsh Hemnani - Green Street Advisors Nicholas Joseph - Citigroup Brendan Lynch - Barclays Bank Eric Borden - BMO Capital Markets Greg M ...

收入和利润 - 公司第一季度总收入包括可报销费用为389,798,000美元[6] - 第一季度归属于W. P. Carey的净利润为159,223,000美元[6] - 第一季度每股稀释后净利润为0.72美元[6] - 第一季度调整后的EBITDA为326,826,000美元[6] - 第一季度归属于W. P. Carey的调整后资金流（AFFO）为251,892,000美元[6] - 第一季度每股稀释后AFFO为1.14美元[6] - 公司第一季度2024年总收入为$389,798,000，相比去年同期增长5.1%[1] - 第一季度2024年净收入为$159,086,000，同比增长5.9%[1] - 第一季度2024年FFO（资金流）为$264,737,000，同比增长24.2%[23] - 第一季度2024年AFFO（调整后资金流）为$251,892,000，同比增长24.5%[23] - 第一季度2024年每股基本盈利为$0.72，同比增长8.1%[1] - 第一季度2024年每股稀释盈利为$0.72，同比增长8.1%[1] - 第一季度2024年每股FFO为$1.20，同比增长19.6%[23] - 第一季度2024年每股AFFO为$1.14，同比增长19.2%[23] - 第一季度归属于W. P. Carey的净收入为1.592亿美元，调整后的标准化加权平均现金NOI为3.283亿美元[77] - 公司2024年第一季度调整后的EBITDA为326,826千美元[81] - 公司2024年第一季度净收入为159,086千美元[81] - 公司2023年第四季度调整后的EBITDA为340,668千美元[81] - 公司2023年第四季度净收入为144,244千美元[81] 股息和支付率 - 第一季度宣布的每股股息为0.865美元，年化后为3.46美元[6] - 第一季度股息支付率为75.9%[6] 投资活动 - 第一季度投资活动总投资额为280,315,000美元[6] - 第一季度投资活动总额为280,315千美元，包括收购和售后回租交易[48] - 第一季度处置资产总额为889,179千美元，涉及多个国家和类型的资产[53] 资产负债表 - 第一季度资产负债表显示总资产为19,262,428,000美元[6] - 公司第一季度总资产为176.115亿美元，较上一季度减少3.653亿美元[36] - 公司第一季度总负债为89.323亿美元，较上一季度减少3.375亿美元[36] - 公司第一季度总股本为86.792亿美元，较上一季度减少2.777亿美元[36] - 公司第一季度总资本化金额为203.62亿美元，其中股权市场资本化金额为123.504亿美元[38] - 公司第一季度总债务为80.115亿美元，其中非循环债务为5.974亿美元[38] - 公司第一季度总债务平均利率为3.2%，平均到期年限为3.7年[40] - 公司第一季度非循环债务中固定利率债务占比为5.8%，浮动利率债务占比为1.7%[40] - 公司第一季度循环债务中固定利率债务占比为75%，浮动利率债务占比为17.5%[40] - 公司第一季度无担保循环信贷额度可用余额约为17亿美元[42] - 公司总债务为8,011,532千美元，其中非追索债务占7.5%，追索债务占92.5%[43] - 非追索债务总额为597,402千美元，其中2024年到期债务为186,616千美元，占2.3%[43] - 追索债务中，高级无担保票据总额为6,008,162千美元，占75.0%，固定利率为2.7%[43] - 公司总资产负债率为40.5%，其中担保债务占总资产的2.6%[46] - 公司无担保资产价值与总无担保债务的比例为235.3%[46] - 公司总债务为304,422千美元，其中未合并合资企业债务为247,854千美元，合并合资企业债务为56,568千美元[54] 租赁和租户 - 第一季度2024年租赁收入为$322,251,000，同比下降4.3%[1] - 第一季度2024年非经营性收入为$15,505,000，同比增长235.2%[1] - 公司前25大租户的总年度基本租金（ABR）为483,498千美元，占总ABR的37.8%[56] - 公司总年度基本租金（ABR）为1,279,391千美元，其中工业和仓库分别占35.0%和28.0%[58] - 公司租户行业多样化，零售店行业ABR为303,253千美元，占比23.7%，其次是饮料和食品行业，ABR为113,101千美元，占比8.8%[60] - 公司总净租赁投资组合的ABR为1,279,391千美元，总面积为168,401千平方英尺[62] - 美国地区ABR为740,305千美元，占总ABR的57.9%，总面积为107,078千平方英尺，占总面积的63.6%[62] - 国际地区ABR为539,086千美元，占总ABR的42.1%，总面积为61,323千平方英尺，占总面积的36.4%[62] - 租金调整措施中，CPI-linked租金的ABR为692,313千美元，占总ABR的54.2%，面积为82,956千平方英尺，占总面积的49.3%[64] - 固定租金的ABR为549,047千美元，占总ABR的42.8%，面积为81,472千平方英尺，占总面积的48.4%[64] - 同店分析显示，总ABR从1,100,949千美元增长到1,134,849千美元，增长了33,900千美元，增长率为3.1%[66] - 综合同店增长分析显示，同店净租赁收入从279,223千美元减少到278,283千美元，减少了940千美元，减少率为0.3%[67] - 加拿大地区的ABR中，92%即46,800千美元是以美元计价的[63] - 同店净租赁收入的调整显示，从合并租赁收入到同店净租赁收入的调整总额为278,283千美元[68] - 租赁活动显示，2024年第一季度租赁的ABR数据[71] - 公司第一季度与Hellweg进行了租赁重组，包括从2024年1月1日至3月31日的租金减免，年度基本租金减少400万欧元，以及为期七年的租赁延期，新租赁到期日为2044年2月

W. P. Carey Inc. (NYSE:WPC) Citi 2024 Global Property CEO Conference March 5, 2024 11:00 AM ET Company Participants Jason Fox - CEO Brooks Gordon - Head of Asset Management Conference Call Participants Smedes Rose - Citi Smedes Rose All right. Welcome to Citi's 2024 Global Property CEO Conference. I'm Smedes Rose of Citi Research. We're pleased to have with us W. P. Carey and Jason Fox, CEO. This session is for Citi clients only, if media or other individuals are on the line, please disconnect now. Disclosu ...