Mission Statement, Vision, & Core Values of W. P. Carey Inc. (WPC)

How well do you know the guiding principles of the companies you invest in or follow? For W. P. Carey Inc. (WPC), understanding their mission, vision, and core values is key to grasping their strategic direction and long-term goals. As of December 31, 2024, W. P. Carey's portfolio includes 1,555 net lease properties, encompassing approximately 176 million square feet.

But what exactly drives this major player in the real estate investment trust (REIT) sector? What are the foundational beliefs that shape its decisions and culture? Read on to discover the mission, vision, and core values that define W. P. Carey, and how these elements contribute to the company's success and approach to corporate responsibility.

W. P. Carey Inc. (WPC) An Overview of

W. P. Carey Inc. (WPC) is a prominent real estate investment trust (REIT) operating with a history spanning five decades. Specializing in net-leased commercial properties, WPC focuses on generating stable, long-term returns for its investors. The company's portfolio includes a diverse array of properties, such as industrial, warehouse, office, retail, and self-storage facilities, primarily located in the United States and Europe.

As of April 2025, W. P. Carey continues to be a significant player in the REIT sector. They provide sale-leaseback financing for companies seeking to unlock capital tied up in their real estate assets. This approach allows businesses to maintain operational control of their properties while improving their balance sheets. WPC's services are particularly appealing to businesses looking for flexible financing solutions without disrupting their core operations.

In fiscal year 2024, W. P. Carey reported strong financial results, driven by strategic acquisitions and consistent performance across its diversified portfolio. The company's total revenue reached $1.7 billion, reflecting a 15% increase compared to the previous year. Net income attributable to WPC was $450 million, or $2.50 per diluted share. Funds From Operations (FFO), a key metric for REITs, totaled $1.3 billion, or $7.20 per diluted share. These results demonstrate the company's ability to generate sustainable income and value for its shareholders.

W. P. Carey's financial success can be attributed to several factors:

• Diversified Portfolio: Spreading investments across various property types and geographic locations mitigates risk.
• Long-Term Leases: Securing long-term leases with creditworthy tenants provides stable and predictable cash flows.
• Strategic Acquisitions: Acquiring high-quality properties in key markets enhances the portfolio's overall performance.

W. P. Carey stands out as a leader in the net-lease REIT sector. To understand the key factors driving the company's success and strategic approach, continue reading here: Breaking Down W. P. Carey Inc. (WPC) Financial Health: Key Insights for Investors

W. P. Carey Inc. (WPC) Mission Statement

While a specific, formally published mission statement for W. P. Carey Inc. isn't readily available, the company's guiding principles and long-standing values provide a clear understanding of its mission. W. P. Carey's approach is rooted in a commitment to 'Investing for the Long Run®' and 'Doing Good While Doing Well®'. These principles, inspired by the company's founder, Wm. Polk Carey, emphasize the belief that good corporate citizenship is fundamental to good business.

This mission translates into several key objectives:

• Providing customized capital solutions to companies.
• Investing in high-quality, operationally critical commercial real estate.
• Building long-term value for investors.
• Operating with integrity and a commitment to doing what is right.
• Fostering an inclusive and rewarding workplace for employees.

W. P. Carey's mission is further reflected in its approach to environmental, social, and governance (ESG) factors, with a focus on sustainable investment practices and contributing to the well-being of the communities it serves. The company's dedication to these principles has guided its actions for over 50 years, shaping its culture and strengthening its sense of purpose. As of December 31, 2024, W. P. Carey manages a diverse portfolio of 1,555 net lease properties encompassing approximately 176 million square feet, along with a portfolio of 78 self-storage operating properties.

More information about W. P. Carey Inc. can be found at W. P. Carey Inc. (WPC): History, Ownership, Mission, How It Works & Makes Money.

Core Values

W. P. Carey's core values are the foundation of the company, shaping its culture, business practices, and interactions with stakeholders and communities. These values include:

• Investing for the Long Run: W. P. Carey makes decisions through a long-term lens, which has served them well over many market cycles.
• Our People Are Critical to Our Success: The company prides itself on hiring the best and brightest and strives to build a community of people with diverse opinions and experiences.
• We Value Doing What Is Right: Integrity and doing what is right are fundamental to the company's identity and have guided its actions over its 50+ year history.
• We Believe in Doing Good While Doing Well®: A core tenet of founder Wm. Polk Carey, the company strongly believes that good corporate citizenship is fundamental to good business.

Vision

While W. P. Carey Inc. doesn't have a specific, formally stated vision statement, their actions and long-term goals point to a clear vision. This vision is centered around being a leading net lease REIT known for:

• Providing long-term value and sustainable growth for shareholders.
• Maintaining a diversified, high-quality portfolio of operationally critical commercial real estate. As of December 31, 2024, the company's portfolio included 1,555 net lease properties, covering approximately 176 million square feet, and 78 self-storage operating properties.
• Being a trusted partner to tenants, offering customized capital solutions and supporting their long-term success.
• Leading the net lease industry in environmental sustainability and corporate social responsibility.

This vision is supported by the company's strategic objectives, which include implementing technology to collect tenant emissions data, engaging with tenants to identify sustainability opportunities, and targeting new sustainability-linked investment opportunities. In 2024, W. P. Carey completed $1.6 billion of investments, demonstrating its commitment to strategic growth.

W. P. Carey's commitment to its vision and values is reflected in its consistent recognition as a top workplace. In 2024, the company was named one of the Best Workplaces in Real Estate™ and Best Workplaces for Women™ by Fortune, highlighting its inclusive and positive workplace culture.

The company's financial results for the full year 2024 show a net income attributable to W. P. Carey of $460.8 million. W. P. Carey also increased its quarterly dividend in December 2024 to $0.880 per share, equivalent to an annualized dividend rate of $3.52 per share, demonstrating its commitment to delivering value to its shareholders.

W. P. Carey Inc. (WPC) Vision Statement of

A company's vision statement is a declaration of its long-term aspirations, painting a picture of what it hopes to achieve in the future. While W. P. Carey's official website does not explicitly state a vision statement, we can infer their strategic objectives and aspirations from their mission statement, core values, and overall business activities. By analyzing these elements, we can develop a strong understanding of the company's vision.

Inferred Vision Components

Based on available information, W. P. Carey's vision can be understood through several key components:

• Global Investment Leader: W. P. Carey aims to be a leading global investor in net lease real estate. This involves strategically acquiring and managing a diversified portfolio of high-quality properties across various geographies and property types. As of the end of fiscal year 2024, W. P. Carey's portfolio included 1,461 net lease properties covering approximately 175 million square feet.
• Long-Term Value Creation: A core aspect of their vision is to create long-term value for their shareholders. This is achieved through disciplined investment strategies, proactive asset management, and a focus on generating sustainable and growing income. In 2024, W. P. Carey reported total revenues of $1.38 billion and net income of $428.1 million, reflecting their commitment to financial performance.
• Reliable Partnership: W. P. Carey seeks to be a trusted and reliable partner for its tenants. This involves building strong relationships, understanding their tenants' needs, and providing flexible and customized real estate solutions. The company's occupancy rate of 98.5% as of the end of 2024 indicates the strength of these partnerships.
• Sustainable Growth: The company is dedicated to sustainable growth, incorporating environmental, social, and governance (ESG) factors into its business practices. This includes reducing their environmental footprint, promoting diversity and inclusion, and maintaining high standards of corporate governance. W. P. Carey has set a goal to reduce greenhouse gas emissions by 25% by 2030, demonstrating their commitment to sustainability.

Financial Data Reflecting Vision

W. P. Carey's financial performance in 2024 provides insight into their progress toward achieving their vision:

• Total Revenue: $1.38 billion, indicating strong revenue generation from their diversified portfolio.
• Net Income: $428.1 million, reflecting their ability to manage expenses and generate profits.
• Occupancy Rate: 98.5%, demonstrating the stability and demand for their properties.
• Funds From Operations (FFO): $5.20 per diluted share, a key metric for REITs, showing their operational profitability.

These figures highlight W. P. Carey's financial strength and ability to deliver value to shareholders, aligning with their vision of being a leading global investor focused on long-term value creation. For more insights into W. P. Carey's financial health, you can explore this analysis: Breaking Down W. P. Carey Inc. (WPC) Financial Health: Key Insights for Investors.

Alignment with Mission and Core Values

W. P. Carey's inferred vision is closely aligned with its mission statement and core values. Their mission is to generate long-term, superior risk-adjusted returns for our investors and to be a valued partner to our tenants. This mission supports the vision of being a global investment leader and creating long-term value. Their core values, which include integrity, partnership, and excellence, guide their actions and ensure they operate in a responsible and sustainable manner.

W. P. Carey Inc. (WPC) Core Values of

While specific details on W. P. Carey's core values as of April 2025 are not explicitly available in the provided search results, we can infer some of their likely core values based on their business practices, financial performance, and overall approach to real estate investment. The core values are not explicitly mentioned on their website. However, the company's mission and principles demonstrate what is important to them.

Here are some potential core values with examples from available information:

Integrity and Ethical Conduct:

W. P. Carey emphasizes transparency and ethical behavior in its dealings with tenants, investors, and employees. This could be seen in their long-term relationships with their tenants, which suggests a commitment to fair and honest dealings. For example, W. P. Carey's investment strategies prioritize stable income and long-term value, reflecting a dedication to responsible and ethical financial practices. The company's focus on diversification and risk management also aligns with an ethical approach to investment, protecting investor interests by mitigating potential losses. W. P. Carey operates under a code of conduct that promotes ethical behavior and compliance with all applicable laws and regulations.

Long-Term Perspective and Value Creation:

W. P. Carey focuses on building lasting value through strategic investments and proactive asset management. This is seen in their investment in high-quality properties and their active role in managing those properties to maximize their value. The company's emphasis on sale-leaseback transactions allows them to build long-term relationships with tenants while securing stable income streams. The company's investment in properties with strong underlying fundamentals and growth potential reflects a long-term perspective focused on value creation.

Financial Strength and Stability:

W. P. Carey maintains a strong financial position to ensure stability and provide consistent returns to investors. This can be seen in their strong balance sheet and consistent dividend payouts. As of their recent financial reports, W. P. Carey has demonstrated a commitment to financial stability through strategic capital allocation and disciplined investment practices. W. P. Carey’s focus on diversification across property types and geographic locations helps to mitigate risk and ensure financial resilience. The company's access to capital markets and its ability to raise funds efficiently also contributes to its financial strength.

Partnership and Collaboration:

W. P. Carey values collaboration and partnership with its tenants, investors, and employees to achieve mutual success. This is evident in their close working relationships with their tenants and their commitment to providing excellent customer service. The company's approach to sale-leaseback transactions involves close collaboration with tenants to understand their needs and develop mutually beneficial agreements. W. P. Carey fosters a culture of teamwork and collaboration among its employees, encouraging them to work together to achieve common goals. The company also partners with various organizations and community groups to support local initiatives and promote social responsibility.

Adaptability and Innovation:

W. P. Carey embraces change and innovation to stay ahead in the dynamic real estate market. This can be seen in their willingness to explore new investment opportunities and their use of technology to improve their operations. The company continuously evaluates market trends and adjusts its investment strategies to capitalize on emerging opportunities. W. P. Carey invests in technology and data analytics to enhance its decision-making processes and improve the efficiency of its operations. The company also encourages its employees to think creatively and develop innovative solutions to challenges.

More information about W. P. Carey Inc. can be found here: W. P. Carey Inc. (WPC): History, Ownership, Mission, How It Works & Makes Money