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Stock Market & Financial Investment News

News Breaks
November 29, 2012
08:05 EDTEXR, WPCW.P. Carey announces $25M acquisition of three Florida self-storage properties
W. P. Carey (WPC) announced that CPA:17 - Global, one of its publicly-held non-traded REIT affiliates, has acquired three self storage facilities from Safeguard Self Storage. The properties comprise a total of 225,569 square feet and are located in Tampa, St. Petersburg and Palm Harbor, Florida. The properties will be managed by Extra Space Storage (EXR). The total purchase price was approximately $25M.
News For WPC;EXR From The Last 14 Days
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May 21, 2015
08:06 EDTEXRExtra Space Storage adds 31 new solar projects with Safari Energy
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May 20, 2015
07:33 EDTWPCW.P. Carey to fund development of $85M hotel in Munich, Germany
W. P. Carey's CPA:18 – Global has entered into an agreement to fund the completion of a new upscale lifestyle hotel in Munich, Germany. CPA®:18 – Global will provide approximately $85M to complete the construction of the hotel, which will be leased for a period of 20 years. The hotel will be a full-service 290-room upscale hotel initially funded with $45M at closing, with the remaining development budget disbursed through the successful completion and opening of the hotel in early 2016. The lease commences on opening and includes annual rent escalations.
May 19, 2015
07:33 EDTWPCW.P. Carey acquires majority interest in Ritz-Carlton Philadelphia
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May 18, 2015
07:32 EDTWPCW.P. Carey backs FY15 adjusted FFO $4.76-$5.02
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07:31 EDTWPCW.P. Carey reports Q1 adjusted FFO $1.22
Reports Q1 revenue $204.8M, comprised of net revenue from real estate ownership of $170.5M and net revenue from managed REITs of $34.4M.
May 11, 2015
08:07 EDTEXRCantor hold hold a symposium
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