W. P. Carey Inc. to Release Second Quarter 2020 Financial Results on Friday, July 31, 2020

Rhea-AI Summary

W. P. Carey Inc. (NYSE: WPC) announced the release of its second-quarter financial results for the period ended June 30, 2020, scheduled for July 31, 2020, before market opens. The company is a leading net lease real estate investment trust with an enterprise value of approximately $16 billion. As of March 31, 2020, it owns 1,215 properties covering around 141 million square feet. A conference call will follow at 10:00 a.m. ET the same day to discuss the results.

Positive

• Enterprise value of $16 billion indicates strong market position.
• Diverse portfolio with 1,215 properties covering 141 million square feet enhances stability.

Negative

• None.

NEW YORK, July 17, 2020 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a net lease real estate investment trust, announced today that it will release its financial results for the second quarter ended June 30, 2020 before the market opens on Friday, July 31, 2020.

The company will host a conference call and live audio webcast to discuss its financial results at 10:00 a.m. Eastern Time the same day, details of which are provided below.

Live Conference Call and Audio Webcast

Date/Time: Friday, July 31, 2020 at 10:00 a.m. Eastern Time
Call-in Number:  1-877-465-1289 (U.S.) or +1-201-689-8762 (international)
Please dial in at least 10 minutes prior to the start time.
Live Audio Webcast and Replay: www.wpcarey.com/earnings

W. P. Carey Inc.
W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $16 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,215 net lease properties covering approximately 141 million square feet as of March 31, 2020. For over four decades, the company has invested in high quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well diversified by tenant, property type, geographic location and tenant industry.
www.wpcarey.com

Institutional Investors:
Peter Sands
W. P. Carey Inc.
212-492-1110
institutionalir@wpcarey.com

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

Press Contact:
Guy Lawrence
Ross & Lawrence
212-308-3333
gblawrence@rosslawpr.com

 

 

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SOURCE W. P. Carey Inc.

FAQ

When will WPC release its second-quarter 2020 financial results?

W. P. Carey Inc. will release its second-quarter 2020 financial results on Friday, July 31, 2020.

What time is the WPC conference call following the earnings release?

The conference call will be held at 10:00 a.m. Eastern Time on July 31, 2020.

What is WPC's enterprise value?

W. P. Carey's enterprise value is approximately $16 billion.

How many properties does WPC own?

W. P. Carey owns 1,215 net lease properties.

What is the size of WPC's portfolio?

W. P. Carey's portfolio covers approximately 141 million square feet.