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Slide #63. W. P. Carey Inc. — Tommy Hilfiger European Distribution Center
W. P. Carey Inc. (NYSE:WPC)
Tommy Hilfiger European Distribution Center
W. P. Carey Inc. (NYSE: WPC), a real estate investment trust ("REIT") specializing in corporate sale leaseback financing, build-to-suit construction financing, and the acquisition of single-tenant net-lease properties, announced today that it has acquired the main European distribution center of the Tommy Hilfiger Group from its current landlord, Aspen Real Estate Investments BV.
W. P. Carey is an internally-managed diversified real estate investment trust (REIT). Co.'s business segments are: Real Estate, in which Co. invests in commercial real estate properties, that are leased to companies on a triple-net lease basis; and Investment Management, in which Co. manages the portfolios of certain non-traded investment programs, non-traded REITs that have invested in lodging and lodging-related properties, and a private limited partnership formed for the purpose of developing, owning, and operating student housing properties and similar investments in Europe.
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Buy (2.89 out of 4)
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