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W.P. Carey & Co LLC - Company Profile Snapshot

Company Profile: W.P. Carey & Co LLC
Ticker: WPC
Exchanges: NYSE
2007 Sales: 263,130,000
Major Industry: Financial
Sub Industry: Land And Real Estate
Country: UNITED STATES
Employees: 135

Business Description
W.P. Carey & Co LLC. The Group's principal activities are to provide real estate advisory and investment services. The Group invests primarily in commercial properties that are each triple-net leased to single corporate tenants, domestically and internationally. It also provides asset management services to the Corporate Property Associates, series of publicly held non-traded Real Estate Investment Trusts ( CPA (R) REITs). It operates in two segments: Real Estate and Management Services. Real Estate: Includes the operations of properties under operating lease and direct financing leases, real estate under construction and development, assets held for sale and equity investments in joint ventures. Management Services: provides advisory services to the CPA(R) REITs. As of 31-Dec-2007, its portfolio consisted of 176 properties leased to 98 tenants.

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