Financial PerformanceLiquidity is 20% higher, at $2.8 billion, due mostly to two large asset sales totaling $825 million.
LiquidityW.P. Carey issued notes, creating additional near-term liquidity as it executes on its deployment strategy, while extending the maturity profile of the balance sheet.
Strategic ShiftOverall, analysts continue to be impressed with results from the recent strategic shift centered on exiting office, with proceeds allocated to expanding retail and industrial exposures.