W. P. Carey (NYSE: WPC) is one of the largest diversified net lease REITs, specializing in the acquisition of operationally critical, single-tenant properties in North America and Europe.

What type of REIT is WPC?

About WP Carey Inc

(W.P. Carey) is an internally managed diversified real estate investment trust (REIT). The Company is an owner of commercial real estate, net leased to companies on a long-term basis. Its real estate includes single-tenant industrial, warehouse, office, retail, and self-storage facilities.

Is WP Carey a MLP?

Carey (WPC) was founded in 1973 by Bill Carey, who helped to pioneer the triple net lease and sale-leaseback REIT business model. ... Carey went public in 1998 as a master limited partnership but converted to a REIT in 2012. Today the REIT owns over 1,100 properties located in 25 countries around the world. W.P.