W. P. Carey Earns 2024 Great Place to Work Certification™ in the U.S. and Europe

Rhea-AI Summary

W. P. Carey, a leading net lease REIT, announced it has earned the 2024 Great Place to Work Certification in both the U.S. and the Netherlands. This recognition is based on employee feedback, with 100% of U.S. respondents and 98% of European respondents highlighting the company as a great place to work. Additionally, W. P. Carey was named one of the 2024 Fortune Best Workplaces in New York. The certification reflects the firm’s commitment to a positive employee experience and culture. Key survey findings include high marks for inclusivity, ethical management, and a welcoming environment.

Also Named One of the 2024 Fortune Best Workplaces in New York™

NEW YORK, July 8, 2024 /PRNewswire/ -- W. P. Carey (W. P. Carey, NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, is proud to announce it has been Certified™ by Great Place to Work^® in both the U.S. and the Netherlands. The prestigious award is based entirely on what current employees say about their experience working at W. P. Carey. This year, 100% of U.S. respondents and 98% of European respondents, which include employees in our Amsterdam and London offices, said W. P. Carey is a great place to work – significantly higher than the average company.

In addition, W. P. Carey was selected as one of this year's Best Small and Medium Workplaces in New York by Fortune magazine. The Best Workplaces in New York™ list is highly competitive and determined by an analysis of over 140,000 survey responses from employees at eligible Great Place to Work Certified™ companies.

Jason Fox, Chief Executive Officer, W. P. Carey said: "It's an honor to be certified as a Great Place to Work for the third consecutive year in the U.S. and the first time in the Netherlands, as well as being named one of Fortune's Best Workplaces in New York. These recognitions are a testament to our ongoing commitment to creating a positive employee experience and culture. Our employees are the heart of our company, and we're proud to have created an environment where everyone feels seen, valued and respected."

Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place to Work, said: "Great Place to Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience. By successfully earning this recognition, it is evident that W. P. Carey stands out as one of the top companies to work for, providing a great workplace environment for its employees."

Additional highlights from W. P. Carey's global survey results include the following feedback from respondents:

• 98% say they work in an inclusive environment that welcomes differences
• 98% believe that management is honest and ethical in its business practices
• 97% are proud to tell others they work here
• 97% believe that when you join the company, you are made to feel welcome
• 99% believe people are willing to give extra to get the job done

For more information on W. P. Carey's benefits, employee programs and culture, read the 2023 ESG Report.

W. P. Carey Inc.

W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,282 net lease properties covering approximately 168 million square feet and a portfolio of 89 self-storage operating properties as of March 31, 2024. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations.

www.wpcarey.com

Institutional Investors:
Peter Sands
1 (212) 492-1110
institutionalir@wpcarey.com

Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
ir@wpcarey.com

Press Contact:
Anna McGrath
1 (212) 492-1166
amcgrath@wpcarey.com

 

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SOURCE W. P. Carey Inc.

FAQ

What recent certification did W. P. Carey (WPC) receive?

W. P. Carey received the 2024 Great Place to Work Certification in both the U.S. and the Netherlands.

What percentage of W. P. Carey's U.S. employees say it is a great place to work?

100% of W. P. Carey's U.S. employees say it is a great place to work.

How did W. P. Carey perform in European employee feedback?

98% of W. P. Carey's European employees say it is a great place to work.

What additional recognition did W. P. Carey (WPC) receive in 2024?

W. P. Carey was named one of the 2024 Fortune Best Workplaces in New York.

What areas did W. P. Carey excel in according to the employee survey?

W. P. Carey excelled in inclusivity, ethical management, and making employees feel welcome.