Important Information Regarding CPA®:16 – Global's Proposed Merger with W. P. Carey Inc.
Corporate Property Associates 16 – Global has entered into a definitive merger agreement pursuant to which W. P. Carey Inc. (NYSE: WPC), its advisor, will acquire CPA®:16 – Global in a transaction valued at approximately $4.0 billion. The transaction has been approved by
CPA®:16 – Global's Board of Directors upon the unanimous recommendation and approval of a Special Committee consisting of CPA®:16 – Global's independent directors. The merger is subject to approval by the stockholders of both W. P. Carey and CPA®:16 – Global.
For more information, review our press release and the Form 8-K issued on July 26, 2013, and also review all of our SEC Filings regarding the proposed merger.
If you are considering selling your shares of CPA®:16 – Global to Mackenzie Capital Management, LP, please read this document.
About CPA®:16 – Global
CPA®:16 – Global is a publicly registered non-traded REIT formed in 2003. CPA®:16 – Global looked to invest in a diversified portfolio of income-producing commercial properties and real estate-related assets, and has a portfolio that consists of 142 tenants in 13 countries and 27 industries.
CPA®:16 – Global closed for investment in December 2006.
NET ASSET VALUE (NAV)
CPA®:16 – Global's NAV as of December 31, 2012 is $8.70 per share. NAVs for the CPA® REITs are based on appraisals conducted by an independent third party. For further information regarding calculation of NAVs, please review the complete Form 8-K issued on March 8, 2013.
September 30, 2013
October 15, 2013