RTTNews | Jan 10, 2022 07:49AM EST

07:49 Monday, January 10, 2022 (RTTNews.com) - Net lease real estate investment trust W.P. Carey Inc. (WPC) announced Monday record investment volume for the 2021 full year of $1.73 billion, including investments totaling approximately $530 million completed during the fourth quarter.

From a geographical perspective, approximately 60% of its 2021 investment volume was in the U.S. and 40% was in Europe.

The company noted that investments completed in 2021 also continued to support internally-driven growth, with all leases providing either fixed rent escalations (averaging 2.3%) or rent increases tied to inflation, and enhanced portfolio quality, with a weighted-average lease term of approximately 20 years.

Read the original article on RTTNews ( https://www.rttnews.com/3253907/w-p-carey-reports-record-investment-volume-of-1-73-bln-in-2021-quick-facts.aspx)

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