NYSE:WPCREITs
Will GardenCore Sale-Leaseback and US$1.1 Billion Deployed Reshape W. P. Carey's (WPC) Narrative
Earlier in 2026, W. P. Carey reported completing about US$1.10 billion of investments year-to-date, including a major sale-leaseback acquisition of a 43-property GardenCore manufacturing portfolio across 24 U.S. states under a 20-year triple-net master lease with fixed rent escalations.
This burst of capital deployment, anchored by the GardenCore deal, gives the REIT visibility into nearly US$1.50 billion of investment volume for 2026, underscoring the scale of its current acquisition...