W. P. Carey Inc
Company Overview
W. P. Carey Inc. is a real estate investment trust (REIT) that specializes in investing in commercial properties through sale-leaseback transactions and build-to-suit financing. The company owns a diversified portfolio of operationally-critical commercial real estate across North America and Europe, which includes industrial, warehouse, office, retail, and self-storage facilities.
The company generates revenue primarily through long-term net lease arrangements where tenants are responsible for most property operating expenses. This business model focuses on acquiring high-quality properties and leasing them to creditworthy tenants under long-term leases.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| June 30, 2024 | $326.87m | $65.31m | $-65307000.0 | $65.31m | 19.98% | 100.00% |
| March 31, 2024 | $334.99m | $68.65m | $-68651000.0 | $68.65m | 20.49% | 100.00% |
Company Impact
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