W. P. Carey reaffirms annual guidance for adjusted funds from operations with positive outlook.

From Nasdaq: 2025-04-01 08:05:00

W. P. Carey Inc. (WPC) reaffirmed its annual guidance for adjusted funds from operations, investment volume, disposition volume, and rent loss from tenant credit events. In the first quarter, the company completed investments of around $275 million, with capital investments and commitments of approximately $120 million scheduled for completion this year. For the full-year 2025, WPC expects investment volume between $1 to $1.5 billion and dispositions with gross proceeds of around $130 million. The company also projects annual rent loss from tenant credit events in the range of $15 to $20 million. Annual AFFO for 2025 is expected to be $4.82 to $4.92 per share, compared to $4.70 per share in 2024.



Read more at Nasdaq: W. P. Carey Backs Annual Adj. FFO Guidance