Expansion funding for existing tenant in Florida and Texas
W. P. Carey oversees expansion and renovation projects at three facilities
Nord Anglia Education Inc.
In 2016, W. P. Carey acquired three educational facilities leased to Nord Anglia Education Inc., a global leader in premium school organizations, for $167 million. At the time of the acquisition, W. P. Carey also agreed to fund up to $128 million of expansions and improvements to enhance the criticality of the assets. Construction of all build-to-suit projects was completed in 2019.