 | |
| Company type | Public company |
|---|---|
| Industry | Real estate investment trust |
| Founded | 1973; 53 years ago (1973) |
| Founder | William P. Carey |
| Headquarters | |
Key people | Christopher J. Niehaus (Chairman) Jason E. Fox (CEO) ToniAnn Sanzone (CFO) |
| Revenue |  US$1.583 billion (2024) |
| US$460 million (2024) | |
| Total assets | US$17.535 billion (2024) |
| Total equity | US$8.429 billion (2024) |
Number of employees | 203 (2024) |
| Website | wpcarey |
| Footnotes / references [1] | |
W. P. Carey is areal estate investment trust that invests in properties leased to single tenants viaNNN leases.[1] The company is organized inMaryland, with its primary office inNew York City.[1]
As of December 31, 2024, the company owned 1,555 properties in 26 countries leased to 355 tenants. Approximately 61% of the company's revenue is derived in United States and 33% in Europe.[1]
The company was founded in 1973 byWilliam P. Carey.[2][3]
In the early 1980s, the company was innovative in the use ofleaseback transactions to acquire properties.[2]
In 2012, company founder William P. Carey died.[2] The company also merged with its non-traded real estate investment trust affiliate, Corporate Property Associates 15, and reorganized into a real estate investment trust.[4][5]
In October 2018, the company merged with CPA:17 - Global.[6][7]
In November 2023, the company completed thecorporate spin-off of its office properties.[8][9]
| International | |
|---|---|
| National | |
