W.P. Carey Inc. 10-K filed Feb 11, 2026

Modified · General Development of Business

W. P. Carey Inc. (“W. P. Carey” or the “Company”) is an internally-managed diversified REIT that, together with our consolidated subsidiaries and predecessors, is a leading owner of commercial real estate, net-leased to companies located primarily in the United States and Northern and Western Europe on a long-term basis. The vast majority of our revenues originate from lease revenue provided by our real estate portfolio, which is comprised primarily of single-tenant industrial, warehouse, retail, and self-storageretail facilities that are critical to our tenants’ operations. Our portfolio is comprised of 1,5551,682 properties, net-leased to 355371 tenants in 2625 countries. As of December 31, 20242025, approximately 61% of our contractual minimum annualized base rent (“ABR”) was generated by properties located in the United States and approximately 33% was generated by properties located in Europe. As of that same date, our portfolio included 8416 operating properties, comprised of 7811 self-storage properties, four hotels, and twoone student housing property. During the year ended December 31, 2025, we sold 63 self-storage operating properties.