W.P. Carey provides construction financing in Poland W. P. Carey announced that one of its publicly-held non-traded REIT affiliates, CPA:17 - Global, will be providing build to suit financing which will fund the construction of an expanded logistics platform of the global contract logistics and supply chain management company syncreon Holdings Ltd. W. P. Carey's financing will deliver 100% of the funds needed for the construction of an approximately 36,089 sq ft light-industrial warehouse located in Zary, Poland.
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W.P. Carey upgraded to Buy from Neutral at Ladenburg Ladenburg upgraded W.P. Carey and raised estimates based on the likely purchase of CPA 16, increased confidence in its investment management platform, and the potential liquidation or listing of the CWI. Price target raised to $77 from $71.
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