W.P. Carey Inc (NYSE:WPC)
$ 57.06 -0.45 (-0.78%) Market Cap: 12.49 Bil Enterprise Value: 19.64 Bil PE Ratio: 22.46 PB Ratio: 1.46 GF Score: 71/100

WP Carey Inc at NAREIT REITweek: Investor Conference Transcript

Jun 06, 2023 / 08:30PM GMT
Release Date Price: $68.65 (-0.48%)
John P. Kim
BMO Capital Markets Equity Research - MD & Senior U.S. Real Estate Analyst

Good afternoon. My name is John Kim with BMO Capital Markets. It is my pleasure to be hosting or moderating this presentation with W. P. Carey, celebrating its 50th year pretty soon as a real estate company. With us today, Jason Fox, CEO; Jeremiah Gregory, with the company as well. I think we're going to go though like a presentation and an overview to begin with. And then we'll go into Q&A.

Jason E. Fox
W. P. Carey Inc. - CEO & Director

Yes. And I'll just take a minute to give a quick overview. Jason Fox, CEO of W. P. Carey; Jeremiah Gregory is with me, who heads up capital markets for us. Yes, we are celebrating several anniversaries actually in 2023. The company was founded 50 years ago. We became a public company actually 25 years ago in 1998. And we also began investing in Europe for the first time 25 years ago when we pioneered sale-leasebacks in the European markets.

Today, we're one of the largest owners of net lease real estate and among the

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