Net Lease Properties
1,424
Total Square Feet
173M
Annualized Base Rent
$1.3B
Occupancy Rate
98.1%
Tenants
336
Leases with Rent Escalations
99.6%
Portfolio data is as of December 31, 2023.
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.
View in Table FormatGeographic Diversification
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of December 31, 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 December 31, 2023. Retail includes automotive dealerships. Other includes education facility, specialty, laboratory, hotel (net lease), research and development and land. 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 December 31, 2023. Retail Stores includes automotive dealerships. Other includes tenants in the following industries: wholesale, aerospace and defense, insurance, banking, environmental industries, oil and gas, media: advertising, printing and publishing, consumer transportation, forest products and paper and electricity. Numbers may not add to 100% due to rounding.
Geographic Diversification
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of December 31, 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 December 31, 2023. Retail includes automotive dealerships. Other includes education facility, specialty, laboratory, hotel (net lease), research and development and land. 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 December 31, 2023. Retail Stores includes automotive dealerships. Other includes tenants in the following industries: wholesale, aerospace and defense, insurance, banking, environmental industries, oil and gas, media: advertising, printing and publishing, consumer transportation, forest products and paper and electricity. Numbers may not add to 100% due to rounding.
Top 10 Tenants
Our top ten tenants represent 21.1% of ABR and have a weighted average lease term of 11.8 years.
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1
U-Haul
78 net lease self-storage properties in the U.S.
Total Base Rent (%): 2.9%
Lease Term (Years Remaining): 0.2
-
2
State of Andalucia*
70 government office properties in Spain
Total Base Rent (%): 2.4%
Lease Term (Years Remaining): 11.0
*The State of Andalucia office portfolio was sold in January 2024 as part of W. P. Carey's strategy to exit the office assets in its portfolio.
-
3
Apotex Pharmaceutical Holdings
11 pharmaceutical R&D and advanced manufacturing properties in Canada
Total Base Rent (%): 2.3%
Lease Term (Years Remaining): 19.2
-
4
Metro Cash & Carry
20 business-to-business wholesale stores in Italy and Germany
Total Base Rent (%): 2.3%
Lease Term (Years Remaining): 4.5
-
5
Hellweg
35 do-it-yourself retail properties in Germany
Total Base Rent (%): 2.2%
Lease Term (Years Remaining): 13.2
-
6
Extra Space Storage, Inc.
27 net lease self-storage properties in the U.S.
Total Base Rent (%): 1.9%
Lease Term (Years Remaining): 20.3
-
7
OBI Group
26 DIY retail properties in Poland
Total Base Rent (%): 1.9%
Lease Term (Years Remaining): 7.4
-
8
ABC Technologies
23 automotive component manufacturing properties in North America
Total Base Rent (%): 1.8%
Lease Term (Years Remaining): 19.3
-
9
Fortenova Grupa
19 grocery stores and warehouses in Croatia
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 10.3
-
10
Nord Anglia Education, Inc.
3 K-12 private schools in the U.S.
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 19.7
-
1
U-Haul
78 net lease self-storage properties in the U.S.
Total Base Rent (%): 2.9%
Lease Term (Years Remaining): 0.2
-
2
State of Andalucia*
70 government office properties in Spain
Total Base Rent (%): 2.4%
Lease Term (Years Remaining): 11.0
*The State of Andalucia office portfolio was sold in January 2024 as part of W. P. Carey's strategy to exit the office assets in its portfolio.
-
3
Apotex Pharmaceutical Holdings
11 pharmaceutical R&D and advanced manufacturing properties in Canada
Total Base Rent (%): 2.3%
Lease Term (Years Remaining): 19.2
-
4
Metro Cash & Carry
20 business-to-business wholesale stores in Italy and Germany
Total Base Rent (%): 2.3%
Lease Term (Years Remaining): 4.5
-
5
Hellweg
35 do-it-yourself retail properties in Germany
Total Base Rent (%): 2.2%
Lease Term (Years Remaining): 13.2
-
6
Extra Space Storage, Inc.
27 net lease self-storage properties in the U.S.
Total Base Rent (%): 1.9%
Lease Term (Years Remaining): 20.3
-
7
OBI Group
26 DIY retail properties in Poland
Total Base Rent (%): 1.9%
Lease Term (Years Remaining): 7.4
-
8
ABC Technologies
23 automotive component manufacturing properties in North America
Total Base Rent (%): 1.8%
Lease Term (Years Remaining): 19.3
-
9
Fortenova Grupa
19 grocery stores and warehouses in Croatia
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 10.3
-
10
Nord Anglia Education, Inc.
3 K-12 private schools in the U.S.
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 19.7
Portfolio Map
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of December 31, 2023.
View in Table Format