Monday, September 26, 2016

New purchase : W.P. Carey Inc. (WPC)

New position started in portfolio : W.P. Carey Inc. (NYSE:WPC)
 

W.P. Carey Inc. (W.P. Carey), incorporated on February 15, 2012, is a self-managed diversified real estate investment trust (REIT). The Company is an owner and manager of commercial real estate, primarily net leased to companies on a long-term basis. It operates through two segments: Real Estate Ownership and Investment Management. The Company owns and manages a diversified global investment portfolio of approximately 1,340 properties, including over 870 net-leased properties and three operating properties within its owned real estate portfolio. The Company's portfolio consists of interest in over two hotels and one self-storage property. The Company also acts as an advisor to a series of income-oriented non-traded real estate investment trusts, through its investment management business.

WPC pays dividend with 1-4-7-10 schedule and my starting yield is at 5.81%

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