Corporate Property Associates 16 - Global (CPA®:16 - Global) is the fifteenth fund created and managed by W. P. Carey & Co. LLC (NYSE: WPC), a leading real estate investment banking firm and lessor of net-leased corporate properties. CPA®:16 - Global generally purchases single-tenant commercial and industrial properties that it leases back to the original corporate owners on a long-term basis. Companies that consider such transactions are often seeking capital to pay down debt, expand their businesses or fund other corporate initiatives.  Income received from the lease payments is used to pay quarterly distributions to investors.  While CPA®:16 - Global has acquired two properties in Asia, one in Mexico and two in Canada, 63% of its current portfolio is located in the United States and 33% is located in Europe.

To minimize the fund’s expenses and maximize distributions, each tenant is required to pay for the major costs of operating its facility, including maintenance, insurance and property taxes. In addition, leases contain rent escalation provisions, often tied to indices such as the local consumer price index, to allow for the growth of investor distributions. CPA®:16 - Global’s portfolio includes distribution centers, manufacturing plants, corporate headquarters and other business facilities. For more than 27 years, the CPA® funds have produced cash distributions, equity build-up through the pay down of mortgages and the potential for appreciation in property values. CPA®:16 - Global has these same objectives.