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W.P. Carey Proposes Exit From $2.3 Billion Portfolio of In-Demand Properties

Company’s Holdings Include Net Lease, Self-Storage and Student Housing Properties
Intuit’s regional headquarters in Plano, Texas, is among Corporate Property Associates 18 – Global’s net lease holdings. (CoStar)
Intuit’s regional headquarters in Plano, Texas, is among Corporate Property Associates 18 – Global’s net lease holdings. (CoStar)
CoStar News
September 2, 2021 | 6:12 P.M.

W.P. Carey is considering the wind down of its last remaining public but nontraded real estate investment trust, a move that could mean breaking up and making available to investors a $2.3 billion international portfolio of net lease, self-storage and student housing properties that have been highly sought during the pandemic.

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