Stratrix
On the Record · W. P. Carey

W. P. Carey acquisitions, on the record

The businesses W. P. Carey bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Corporate Property Associates 18 – Global Incorporated ("CPA:18 – Global")
Word for word“On August 1, 2022, one of our former investment programs, Corporate Property Associates 18 – Global Incorporated (“CPA:18 – Global”), merged with and into one of our indirect subsidiaries (the “CPA:18 Merger”), which added approximately $2.2 billion of real estate assets to our portfolio ( Note 4 ).” 10-K for 2023
acquisitionAugust 1, 2022approximately $2.2 billion of real estate assets
Investments acquired during 2023 (16 investments)
Word for word“We acquired 16 investments totaling $1.2 billion ( Note 6 ).” 10-K for 2023
acquisition—$1.2 billion
four retail (car wash) facilities in the United States
Word for word“We entered into a purchase agreement to acquire four retail (car wash) facilities in the United States for approximately $20.3 million, which is expected to be completed in 2024.” 10-K for 2023
agreed acquisitionexpected to be completed in 2024approximately $20.3 million
Corporate Property Associates 17 – Global Incorporated
Word for word“We acquired a secured loan receivable with a fair value of $23.4 million in our merger with a former affiliate, Corporate Property Associates 17 – Global Incorporated, in October 2018 (“CPA:17 Merger”), for which the outstanding principal of $34.0 million was fully repaid to us in September 2022 ( Note 7 ).” 10-K for 2023
mergerOctober 2018—
NLOP (Net Lease Office Properties), spun off to stockholders
Word for word“For the year ended December 31, 2023, merger and other expenses are primarily comprised of costs incurred in connection with the Spin-Off, which was completed in November 2023 ( Note 3 ).” 10-K for 2023
divestiturecompleted in November 2023—
70 net-leased office properties sold to the tenant
Word for word“(ii) 70 net-leased office properties that were reclassified to net investments in sales-type leases in the fourth quarter of 2023, since we agreed to sell the portfolio to the tenant, resulting in a lease modification;” 10-K for 2023
agreed divestiturefourth quarter of 2023—
Seventy-nine of the 87 office properties
Word for word“Seventy-nine of the 87 office properties have been sold as of the date of this Report, for gross proceeds of approximately $608.1 million ( Note 19 ).” 10-K for 2023
divestitureas of the date of this Report—
eight hotel operating properties
Word for word““Operating properties sold or held for sale” are comprised of (i) the eight hotel operating properties sold during the year ended December 31, 2023 and (ii) a parking garage attached to a net-leased property that was derecognized in connection with the Spin-Off ( Note 3 ).” 10-K for 2023
divestitureduring the year ended December 31, 2023—
Corporate Property Associates 18 – Global Incorporated (CPA:18 – Global)
Word for word“On August 1, 2022, one of our former investment programs, Corporate Property Associates 18 – Global Incorporated (“CPA:18 – Global”), merged with and into one of our indirect subsidiaries (the “CPA:18 Merger”), which added approximately $2.2 billion of real estate assets to our portfolio.” 10-K for 2024
mergerOn August 1, 2022approximately $2.2 billion of real estate assets
remaining 10.0% controlling interest in a jointly owned investment
Word for word“We acquired the remaining 10.0% controlling interest in a jointly owned investment for $10.5 million, bringing our ownership interest to 100%.” 10-K for 2024
acquisition—$10.5 million
remaining 10% controlling interest in the Johnson Self Storage jointly owned investment
Word for word“(a) On September 1, 2024, we acquired the remaining 10% controlling interest in the Johnson Self Storage jointly owned investment, bringing our ownership interest to 100%.” 10-K for 2024
acquisitionOn September 1, 2024—
two net-leased properties sold to the tenant
Word for word“(these properties were sold in January 2025 ( Note 19 )); and” 10-K for 2024
agreed divestiturethese properties were sold in January 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedGoodwill from acquisitions
2018-12-31$280.3 million
2019-12-31$15.8 million
2022-12-31$172.3 million

Deal filings since 2016

Read from W. P. Carey’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.