W. P. Carey ranks among the largest diversified net lease REITs, with an internally-managed portfolio of operationally-critical commercial real estate. We acquire and proactively manage single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Our portfolio comprises properties located primarily in North America and Europe and is well-diversified by property type, geographic location and tenant industry.
99% of our leases have contractual rent increases, and 68% are tied to CPI, positioning us well for a higher inflationary environment.
Based on contractual minimum Annualized Base Rent (ABR).
Our portfolio diversification offers a wider opportunity set for new acquisitions across geography, tenant industry and property type, thereby insulating us from local market disruptions while enabling us to invest in sectors with the most attractive long-term, risk-adjusted returns.
Based on contractual minimum ABR. Other includes assets in Australia and Japan.
Based on contractual minimum ABR. Other includes ABR from tenants within the following property
types: education facility, fitness facility, hotel, net lease student housing and theatre.
Based on contractual minimum ABR. Retail Stores includes automotive dealerships. Other includes ABR from tenants in the following
industries: electricity, environmental industries, forest products and paper, insurance and media: broadcasting and subscription.
Our top ten tenants represent 32% of ABR and have a weighted average lease term of 12.2 years.
|Tenant Name||Description||% Total Base Rent||Lease Term (Years)|
|Hellweg||53 DIY retail properties in Germany||5.4%||18.9|
|U-Haul International||78 net lease self-storage facilities in the U.S.||4.6%||6.1|
|State of Andalusia||70 office properties in Spain||4.4%||16.7|
|Pendragon plc||70 auto dealerships in the U.K.||3.4%||12.1|
|Marriott International, Inc.||18 net lease hotel properties in the U.S.||2.9%||5.6|
|Forterra Building Products||49 industrial properties in the U.S. and Canada||2.5%||18.0|
|OBI Group||18 office / DIY retail properties in Poland||2.5%||6.2|
|True Value Company||7 warehouse facilities in the U.S.||2.3%||4.8|
|Nord Anglia Education, Inc.||3 education facilities in the U.S.||2.2%||23.7|
|UTI Holdings, Inc.||5 education facilities in the U.S.||2.1%||4.0|
|Description||53 DIY retail properties in Germany|
|% Total Base Rent||5.4%|
|Lease Term (Years)||18.9|
|Description||78 net lease self-storage facilities in the U.S.|
|% Total Base Rent||4.6%|
|Lease Term (Years)||6.1|
|Description||70 office properties in Spain|
|% Total Base Rent||4.4%|
|Lease Term (Years)||16.7|
|Description||70 auto dealerships in the U.K.|
|% Total Base Rent||3.4%|
|Lease Term (Years)||12.1|
|Description||18 net lease hotel properties in the U.S.|
|% Total Base Rent||2.9%|
|Lease Term (Years)||5.6|
|Description||49 industrial properties in the U.S. and Canada|
|% Total Base Rent||2.5%|
|Lease Term (Years)||18.0|
|Description||18 office / DIY retail properties in Poland|
|% Total Base Rent||2.5%|
|Lease Term (Years)||6.2|
|Description||7 warehouse facilities in the U.S.|
|% Total Base Rent||2.3%|
|Lease Term (Years)||4.8|
|Description||3 education facilities in the U.S.|
|% Total Base Rent||2.2%|
|Lease Term (Years)||23.7|
|Description||5 education facilities in the U.S.|
|% Total Base Rent||2.1%|
|Lease Term (Years)||4.0|
Our recognized expertise in North America and Europe provides access to a broader pool of investment opportunities. Our owned portfolio spans 17 countries and a range of property types and industries, allowing us to mitigate risk tied to any single region, property type or industry.
Portfolio Map shading is based on ABR. Diversification by Property Type percentages are of the selected country or state and are based on ABR.
Portfolio information as of March 31, 2018.