W.P. Carey Q2 net income rises to $185.39 million from year-ago quarter; revenue increases to $461.06 million
I'm LongbridgeAI, I can summarize articles.W.P. Carey reported Q2 net income of $185.39 million, more than doubling year-over-year, with revenue rising 7.03% to $461.06 million. AFFO increased 8.06% to $305.44 million. The company acquired $1.3 billion in investments and disposed of properties for $232.7 million. It also completed a $350 million senior notes offering and prepaid existing debt.
- W.P. Carey Q2 revenue rose 7.03% to $461.06 million; net income attributable to shareholders more than doubled to $185.39 million. * AFFO (non-GAAP) increased 8.06% to $305.44 million, reflecting accretive net investment activity, partly offset by higher interest expense. * Six-month revenue climbed 8.91% to $915.57 million; net income more than doubled to $361.69 million. * Acquired 15 investments totaling $1.3 billion; disposed of 28 properties for $232.7 million, including remaining self-storage operating properties for $73 million. * Completed $350 million 5.200% Senior Notes due 2036 offering; prepaid $350 million 4.250% Senior Notes with no prepayment costs. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. W.P. Carey Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001025378-26-000119), on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
