W. P. Carey Inc., a Real Estate Investment Trust (REIT), has been given a neutral rating by UBS.
The company has a diverse portfolio of commercial properties, with a focus on industrial, warehouse, and retail real estate in the United States and Northern and Western Europe.
W. P. Carey owns 1,413 net lease properties covering approximately 171 million square feet, as well as 86 self-storage facilities.
The company is divided into two main segments: Real Estate and Investment Management.
The Real Estate segment invests in commercial properties leased on a triple-net basis to corporations, while the Investment Management segment oversees real estate investment portfolios for managed programs.