Large, diversified portfolio of high-quality real estate

Our asset management teams in the U.S. and Europe are dedicated to proactively managing our portfolio and working with our tenants to ensure they have the real estate they need to meet their evolving business objectives.

Net Lease Properties

1,475

Total Square Feet

180M

Annualized Base Rent

$1.5B

Occupancy Rate

99.0%

Tenants

398

Leases with Rent Escalations

99.1%

Unless stated otherwise, portfolio information is as of June 30, 2023 and does not reflect the announcement regarding W. P. Carey’s strategic plan to exit office made on September 21, 2023. For more information on the separation and distribution agreement that is expected to be entered into between Net Lease Office Properties (NLOP) and W. P. Carey (WPC), view the Investor Presentation.

Global knowledge, local market insights, multi-sector expertise

Our ability to invest in different property types, geographies and tenant industries provides a wider opportunity set for new acquisitions, thereby expanding our expertise and insulating us from local market disruptions.

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Geographic Diversification

Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Other includes Canada, Mexico and Japan. Numbers may not add to 100% due to rounding.

Property Type Diversification

Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Other includes education facility, hotel (net lease), laboratory, specialty, fitness facility, research and development, student housing (net lease), theater, funeral home, restaurant, land, parking and outdoor advertising. Numbers may not add to 100% due to rounding.

Tenant Industry Diversification

Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Retail Stores includes automotive dealerships. Other includes tenants in the following industries: aerospace and defense, wholesale, media: advertising, printing and publishing, oil and gas, media: broadcasting and subscription, utilities: electric, environmental industries, consumer transportation, forest products and paper, electricity, finance and real estate.

Geographic Diversification

Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Other includes Canada, Mexico and Japan. Numbers may not add to 100% due to rounding.

Property Type Diversification

Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Other includes education facility, hotel (net lease), laboratory, specialty, fitness facility, research and development, student housing (net lease), theater, funeral home, restaurant, land, parking and outdoor advertising. Numbers may not add to 100% due to rounding.

Tenant Industry Diversification

Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Retail Stores includes automotive dealerships. Other includes tenants in the following industries: aerospace and defense, wholesale, media: advertising, printing and publishing, oil and gas, media: broadcasting and subscription, utilities: electric, environmental industries, consumer transportation, forest products and paper, electricity, finance and real estate.

Inside of a W. P. Carey (NYSE: WPC) commercial net-leased self-storage real estate property in the United States
Inside of a W. P. Carey (NYSE: WPC) commercial do-it-yourself net-leased retail property in Germany
Outside of a W. P. Carey (NYSE: WPC) commercial net-leased wholesale real estate property
Inside of a W. P. Carey (NYSE: WPC) industrial manufacturing commercial real estate property

Top 10 Tenants

Our top ten tenants represent 19.0% of ABR and have a weighted average lease term of 12.4 years.

  1. 1

    U-Haul

    78 net lease self-storage properties in the U.S.

    Total Base Rent (%): 2.6%

    Lease Term (Years Remaining): 0.8

  2. 2

    State of Andalucia

    70 government office properties in Spain

    Total Base Rent (%): 2.2%

    Lease Term (Years Remaining): 11.5

  3. 3

    Apotex Pharmaceutical Holdings

    11 pharmaceutical R&D and advanced manufacturing properties in Canada

    Total Base Rent (%): 2.1%

    Lease Term (Years Remaining): 19.8

  4. 4

    Metro Cash & Carry

    20 business-to-business wholesale stores in Italy and Germany

    Total Base Rent (%): 2.0%

    Lease Term (Years Remaining): 5.2

  5. 5

    Hellweg

    35 do-it-yourself retail properties in Germany

    Total Base Rent (%): 2.10%

    Lease Term (Years Remaining): 13.7

  1. 6

    Extra Space Storage, Inc.

    27 net lease self-storage properties in the U.S.

    Total Base Rent (%): 1.7%

    Lease Term (Years Remaining): 20.8

  2. 7

    OBI Group

    26 DIY retail properties in Poland

    Total Base Rent (%): 1.7%

    Lease Term (Years Remaining): 8.0

  3. 8

    ABC Technologies

    23 automotive component manufacturing properties in North America

    Total Base Rent (%): 1.7%

    Lease Term (Years Remaining): 19.8

  4. 9

    Nord Anglia Education, Inc.

    3 K-12 private schools in the U.S.

    Total Base Rent (%): 1.5%

    Lease Term (Years Remaining): 20.2

  5. 10

    Fortenova Grupa

    19 grocery stores and warehouses in Croatia

    Total Base Rent (%): 1.5%

    Lease Term (Years Remaining): 10.8

  1. 1

    U-Haul

    78 net lease self-storage properties in the U.S.

    Total Base Rent (%): 2.6%

    Lease Term (Years Remaining): 0.8

  2. 2

    State of Andalucia

    70 government office properties in Spain

    Total Base Rent (%): 2.2%

    Lease Term (Years Remaining): 11.5

  3. 3

    Apotex Pharmaceutical Holdings

    11 pharmaceutical R&D and advanced manufacturing properties in Canada

    Total Base Rent (%): 2.1%

    Lease Term (Years Remaining): 19.8

  4. 4

    Metro Cash & Carry

    20 business-to-business wholesale stores in Italy and Germany

    Total Base Rent (%): 2.0%

    Lease Term (Years Remaining): 5.2

  5. 5

    Hellweg

    35 do-it-yourself retail properties in Germany

    Total Base Rent (%): 2.10%

    Lease Term (Years Remaining): 13.7

  1. 6

    Extra Space Storage, Inc.

    27 net lease self-storage properties in the U.S.

    Total Base Rent (%): 1.7%

    Lease Term (Years Remaining): 20.8

  2. 7

    OBI Group

    26 DIY retail properties in Poland

    Total Base Rent (%): 1.7%

    Lease Term (Years Remaining): 8.0

  3. 8

    ABC Technologies

    23 automotive component manufacturing properties in North America

    Total Base Rent (%): 1.7%

    Lease Term (Years Remaining): 19.8

  4. 9

    Nord Anglia Education, Inc.

    3 K-12 private schools in the U.S.

    Total Base Rent (%): 1.5%

    Lease Term (Years Remaining): 20.2

  5. 10

    Fortenova Grupa

    19 grocery stores and warehouses in Croatia

    Total Base Rent (%): 1.5%

    Lease Term (Years Remaining): 10.8

Portfolio Map

Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023.

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