W.P. Carey affiliate acquires two self-storage facilities for $24.6M W. P. Carey announced that CPA:18 – Global, one of its publicly held non-traded REIT affiliates, has acquired two self-storage facilities in Florida in January 2014. The properties are located in Kissimmee and St. Petersburg. The total purchase price of the two properties is approximately $24.6M. Financing of the acquisitions totaled $14.5M.
W.P. Carey raises quarterly dividend to 95.25c per share W. P. Carey reported that its board increased its quarterly cash dividend to 95.25c per share, equivalent to an annualized dividend rate of $3.81 per share. Payable on April 15, to stockholders of record as of March 31.