Detail akcie W.P. Carey REIT online

Business Summary: W. P. Carey Inc. is an internally managed diversified real estate investment trust (REIT) with a well-diversified portfolio of operationally critical commercial real estate. The Company invests primarily in single-tenant, industrial, warehouse and retail properties located in the United States and Northern and Western Europe, under long-term net leases with built-in rent escalations. The Company operates 1,413 net lease properties covering approximately 171 million square feet and a portfolio of 86 self-storage operating properties. The Company operates through two business segments: Real Estate and Investment Management. Its Real Estate segment invests primarily in commercial properties located in the United States, and Northern and Western Europe, which are leased to companies on a triple-net lease basis. The Investment Management segment manages the real estate investment portfolios for the managed programs.
Financial Summary: BRIEF: For the six months ended 30 June 2024, WP Carey Inc revenues decreased 11% to $779.5M. Net income decreased 31% to $302.1M. Revenues reflect Lease revenues decrease of 10% to $646.4M, Other real estate income decrease of 18% to $75.4M, Gross rental income and related incom decrease of 15% to $40.8M. Net income also reflects Gain (loss) on sale of real estate, net decrease of 69% to $54.8M (income).