W. P. Carey Inc. Reports Strong Q1 2025 Results

W. P. Carey Inc. ( (WPC) ) has released its Q1 earnings. Here is a breakdown of the information W. P. Carey Inc. presented to its investors.

W. P. Carey Inc., a prominent net lease real estate investment trust (REIT), specializes in high-quality, operationally critical commercial real estate, focusing on single-tenant properties across the U.S. and Europe under long-term net leases with built-in rent escalations.

In its first quarter of 2025, W. P. Carey Inc. reported a net income of $125.8 million and diluted earnings per share of $0.57. The company also reaffirmed its 2025 AFFO guidance, indicating confidence in achieving its financial targets despite market uncertainties.

Key financial highlights include a 5.2% increase in revenues to $409.9 million compared to the previous year, driven by net investment activity and lease restructurings. The company completed $448.6 million in investments year-to-date and disposed of properties for $129.8 million. Additionally, W. P. Carey maintained a high occupancy rate of 98.3% across its extensive real estate portfolio.

The company’s strategic financial maneuvers included repaying $450 million of senior unsecured notes and refinancing a €500 million term loan, extending its maturity to 2029. These actions, alongside a robust liquidity position of $2.0 billion, underscore W. P. Carey’s solid financial footing.

Looking ahead, W. P. Carey remains optimistic about its growth prospects, supported by a resilient portfolio and strong balance sheet. The company is well-positioned to continue executing its business plan and potentially exceed its investment guidance as the economic environment evolves throughout the year.