New York, NY – September 18, 2007 – The Board of Directors of Corporate Property Associates Corporate Property Associates 16 – Global Incorporated (CPA®:16 - Global), Corporate Property Associates 15 Incorporated (CPA®:15) and Corporate Property Associates 14 Incorporated (CPA®:14) announced today the cash distributions for each company for the third quarter of 2007, payable on October 15, 2007 to shareholders of record as of September 28, 2007.
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CPA®:16 – Global’s cash distribution increased to $0.1627 per share.
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CPA®:15’s cash distribution increased to $0.1679 per share.
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CPA®:14’s cash distribution increased to $0.1944 per share.
CPA®:16 - Global, CPA®:15 and CPA®:14 are members of the W. P. Carey Group, which is one of the largest providers of net lease financing for corporations worldwide. The Group owns more than 850 commercial and industrial properties in 14 countries, representing approximately 100 million square feet, valued at approximately $9.6 billion. www.wpcarey.com
