W. P. Carey: The Good And The Bad, I'm Not Adding
W. P. Carey(WPC) Seeking Alpha·2024-07-17 16:44
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 ...