Strategic Plan to Exit Office
Geographic Diversification (1)
W. P. CAREY
W. P. Carey has been investing internationally for approximately 25 years, primarily in Northern and Western Europe
Through our financing and hedging strategies,
we've significantly mitigated currency risk
through a combination of over-weighting our
debt in foreign currencies and utilizing
contractual cash flow hedges.
Mexico (3), 1%
$13MM
Canada (2), 3%.
$51MM
Other (4), 1%.
$8MM
Europe, 33%
$483MM
1. Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of September 30, 2023.
2. $47MM or 92% of ABR from Canadian-based properties denominated in USD with the balance in CAD.
3. All ABR from Mexican-based properties denominated in USD.
4. Includes Mauritius (0.4%) and Japan (0.1%).
United States, 62%
$905MM
North America, 66%
$969MM
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