W.P. Carey’s Earnings Quality Improved by CPA:17 Merger, CEO Says

Jason Fox, CEO of W.P. Carey Inc. (NYSE: WPC), participated in a video interview at Nareit’s REITworld: 2018 Annual Conference in San Francisco.

Fox said that after W.P. Carey’s $5.9 billion merger with one of its managed funds, Corporate Property Associates 17 – Global Inc. (CPA:17), the company’s earnings quality will improve in three ways: with strategic benefits, portfolio benefits, and an improved balance sheet.

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