Strategic Plan to Exit Office slide image

Strategic Plan to Exit Office

W. P. Carey Post-Transaction Portfolio (1) Portfolio post-Transaction focused on industrial / warehouse, essential retail and net lease self-storage Size Gross Real Estate Book Value (2) ABR W. P. CAREY $15.6 billion $1.25 billion Net-Lease Portfolio Property Type (% of ABR) Industrial Warehouse Retail (3) Self-Storage Other (4) % of Office Contribution WALT Occupancy Investment Grade Tenants (% of ABR) Number of Properties Number of Tenants 14% 5% 20% 27% 62% Industrial/ Warehouse 34% 0.0% 11.7 years 99.2% 21.9% 1,327 322 165.0 million 86 Gamma Self Storage (5) Square Footage Number of Properties Number of Units Average Occupancy 1. Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of September 30, 2023. Amounts may not sum to totals due to rounding. 2. Gross real estate value represents consolidated real estate assets before accumulated depreciation on buildings and improvements, net of accumulated amortization on in-place lease intangible assets and above-market rent intangible assets. 3. Includes automotive dealerships. 53,283 90.5% 4. Includes education facility, hotel (net lease), laboratory, specialty, research & development, fitness facility, student housing (net lease), theater, funeral home, restaurant, land, outdoor advertising and parking. Includes office properties that will be redeveloped or reclassified into other property types and office properties that are subject to master leases with tenants owning additional property types. 5. Metrics shown for operating self-storage portfolio only; excludes net-lease self-storage assets which are captured in net-lease portfolio metrics. 11
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