secwatch.observer — SEC 8-K summary
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Issuer:     W. P. Carey Inc. (WPC)
CIK:        0001025378
Form:       8-K
Filed at:   2024-01-10T23:59:59+00:00
Accession:  0001025378-24-000006
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

W. P. Carey reports 2023 investment volume of $1.3B; Q4 volume $320M at 7.7% cap rate
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- 2023 investment volume approximately $1.3B, with $320M in Q4 at weighted-average cap rate of 7.7%.
- Q4 included $157M cross-border sale-leaseback of 11 facilities in Italy, Spain, Germany with Fedrigoni Group.
- Additional $148M acquisition of five properties in Italy from same transaction scheduled to close in January 2024.
- $180M total of additional investments scheduled to close in January 2024.
- 75% of 2023 volume in warehouse/industrial assets; 80% in North America, 20% in Europe.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025378/000102537824000006/0001025378-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025378/000102537824000006/wpc-20240110.htm
  HTML page:      https://secwatch.observer/filing/0001025378-24-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer