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W. P. Carey Inc. announced improved visibility into $1.9 billion of 2026 investment volume, including $1.4 billion…
WPCW. P. Carey Inc.
W. P. Carey Inc. announced improved visibility into $1.9 billion of 2026 investment volume, including $1.4 billion completed year-to-date. The company also revised its outlook for tenant credit-related rent loss favorably, citing receipt of August rent from Hellweg and expectations to collect additional rent in the second half of 2026. Binding lease agreements were executed for nine Hellweg stores representing approximately $9.8 million (64% of current ABR), with new rent expected between late 2026 and mid-2027. The CEO stated that Adjusted Funds From Operations (AFFO) is on track to exceed the midpoint of guidance. W. P. Carey Inc. operates as a net lease real estate investment trust specializing in corporate sale-leasebacks, build-to-suits, and single-tenant properties.