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W. P. Carey — Third Quarter 2026 Earnings Summary

  • Net income remained flat at $141.0 million year-over-year, while AFFO per share rose 6.4% to $1.33 and revenues increased 8.6% to $468.3 million.
  • The Company raised and narrowed 2026 AFFO per share guidance to $5.23–$5.29, implying 5.8% growth, alongside adjusted guidance for investment, disposition, and expense volumes.
  • The Board increased the quarterly cash dividend by 4.4% to $0.95 per share, and the Company issued $350 million in new senior notes to prepay maturing debt.
  • Management anticipates attractive capital deployment opportunities in 2027 driven by market interest rate repricing, with a portfolio occupancy rate of 98.6% and 12.0-year weighted-average lease term.
Company
W P CAREY INC
Sector
Real Estate
Industry
REIT - Diversified