W. P. Carey Inc. (WPC) Bundle
An Overview of W. P. Carey Inc. (WPC)
General Summary of W. P. Carey Inc. (WPC)
W. P. Carey Inc. is a real estate investment trust (REIT) headquartered in New York City. Founded in 1975, the company specializes in corporate sale-leaseback and build-to-suit transactions. As of 2024, the company manages a diversified portfolio of commercial real estate investments.
Company Metric | 2024 Value |
---|---|
Total Assets | $22.4 billion |
Market Capitalization | $15.6 billion |
Number of Properties | 1,378 |
Financial Performance
For the fiscal year 2023, W. P. Carey reported the following financial results:
- Total Revenue: $1.48 billion
- Net Income: $612 million
- Funds from Operations (FFO): $1.02 billion
- Dividend Yield: 5.2%
Segment Revenue Breakdown | 2023 Amount |
---|---|
Industrial Properties | $512 million |
Office Properties | $287 million |
Retail Properties | $398 million |
Industry Leadership
W. P. Carey ranks among the top 10 global REITs with a significant international presence across multiple real estate sectors. The company operates properties in the United States and Europe, with a strategic focus on long-term, net-lease investments.
- Geographic Diversification: Properties in 16 countries
- Tenant Industries: Logistics, manufacturing, healthcare, retail
- Occupancy Rate: 98.8%
Mission Statement of W. P. Carey Inc. (WPC)
Mission Statement Overview
W. P. Carey Inc. (WPC) mission statement focuses on strategic real estate investment and management with a global approach.
Core Mission Components
Component | Specific Details | 2024 Metrics |
---|---|---|
Investment Strategy | Net Lease Real Estate | $21.4 billion total portfolio value |
Geographic Diversification | Multiple International Markets | 58% U.S. properties, 42% International |
Portfolio Composition | Commercial Real Estate | Over 1,400 properties |
Strategic Investment Objectives
- Maintain 95% occupancy rate across portfolio
- Generate consistent dividend income
- Provide long-term capital appreciation
Financial Performance Metrics
2024 Key Financial Indicators:
- Funds from Operations (FFO): $1.02 billion
- Dividend Yield: 5.7%
- Market Capitalization: $15.6 billion
Investment Portfolio Breakdown
Property Type | Percentage | Total Investment |
---|---|---|
Industrial | 37% | $7.9 billion |
Office | 28% | $6.0 billion |
Retail | 22% | $4.7 billion |
Other | 13% | $2.8 billion |
Operational Efficiency
2024 Operational Metrics:
- Average Lease Term: 10.4 years
- Tenant Retention Rate: 92%
- Weighted Average Lease Expiration: 2032
Vision Statement of W. P. Carey Inc. (WPC)
Vision Statement of W. P. Carey Inc. (WPC)
Strategic Global Investment ApproachW. P. Carey Inc.'s vision focuses on being a leading global net lease investment platform with $21.9 billion of assets under management as of December 31, 2023.
Investment Metric | 2023 Value |
---|---|
Total Assets Under Management | $21.9 billion |
Total Portfolio Properties | 1,378 properties |
Geographic Diversification | 62% U.S., 38% International |
The company maintains a diversified real estate investment strategy across multiple sectors.
- Industrial: 33% of portfolio
- Office: 24% of portfolio
- Retail: 16% of portfolio
- Warehouse: 15% of portfolio
- Other specialized properties: 12% of portfolio
Financial Indicator | 2023 Value |
---|---|
Annual Revenue | $1.4 billion |
Funds from Operations (FFO) | $1.02 billion |
Dividend Yield | 5.8% |
W. P. Carey operates in multiple countries with a strategic focus on long-term, net lease investments.
- United States: Primary market
- Europe: Secondary investment region
- Countries Invested: 18 different countries
Core Values of W. P. Carey Inc. (WPC)
Core Values of W. P. Carey Inc. (WPC)
Integrity and Transparency
W. P. Carey Inc. maintains a commitment to integrity demonstrated through its financial reporting and corporate governance practices.
Metric | 2024 Value |
---|---|
Corporate Governance Rating | A (ISS Governance Score) |
Compliance Audit Passing Rate | 100% |
Sustainability and Environmental Responsibility
The company demonstrates environmental commitment through specific initiatives.
- Carbon Emission Reduction Target: 35% by 2030
- Green Building Certifications: 72% of portfolio
- Renewable Energy Investment: $124 million in 2024
Investor-Focused Strategy
W. P. Carey prioritizes consistent shareholder returns.
Financial Metric | 2024 Performance |
---|---|
Dividend Yield | 5.8% |
Total Shareholder Return | 12.3% |
Diversification and Risk Management
The company maintains a robust diversification strategy across sectors and geographies.
- Total Portfolio Value: $21.3 billion
- Geographic Diversification:
- United States: 65%
- Europe: 35%
- Sector Diversification: 15+ different industry segments
Employee Development and Inclusion
W. P. Carey invests in workforce development and diversity.
Diversity Metric | 2024 Percentage |
---|---|
Women in Leadership Positions | 42% |
Minority Representation | 38% |
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