WPC in the News |

‘We’re Bullish On Net Lease Retail’

Why W. P. Carey Is Doubling Down On The Asset Class

Original article posted on GlobeSt.com on June 5, 2024

Investors are flocking to the net lease sector anew as the Fed pauses its rate actions and cap rates stabilize, W. P. Carey’s Michael Fitzgerald told GlobeSt. GlobeSt's Holly Amaya spoke with Fitzgerald at ICSC Las Vegas about the state of retail net lease and what has changed in the sector from last year.

In this video, you’ll learn:

  • Why he continues to be bullish on net lease retail,
  • What an increase in cap rates has meant for investment, and
  • How the sector will fare in 2024 and beyond.
Watch now

An interview with Michael Fitzgerald, W. P. Carey, and Holly Amaya, GlobeSt.com. 


Photo of Michael Fitzgerald
Michael Fitzgerald
Executive Director
Head of U.S. Retail
View bio

You May Also Like:

ICSC - Net Lease

Why Net Lease Continues to Draw Investors

The net lease retail sector continues to outperform despite changing interest rates, with a growing number of retailers expanding their footprints or developing new properties against a “compelling”...
Photo of shopping cart in aisle in grocery store
Rising interest rates, increased cap rates, and sluggish deal activity created changes in the retail market over the past couple of years. Indeed, the bid-ask spread left many retail net lease deals...
A grocery store aisle

Retail Revitalization: Key Takeaways from ICSC Las Vegas

After a two-year hiatus, ICSC Las Vegas – one of the largest conventions for the retail industry – made its big comeback with over 22,000 attendees getting together to discuss the opportunities and...