W. P. Carey & Co. LLC (WPC) featured company in The Wall Street Transcript

February 9, 2011

Trevor P. Bond, President and Chief Executive Officer of W. P. Carey & Co. LLC., talked to The Wall Street Transcript about his company. <a title="W. P. Carey & Co.
LLC. (WPC)” href=”http://www.twst.com/pdf/ALR604.pdf”>Click here to read the complete interview.

TWST: Please start with a brief history of W. P. Carey.

Mr. Bond: In business since 1973, W. P. Carey is a global investment manager and leader in the sale-leaseback sector. We have assets under management for third parties of $8.5 billion, and combined with our own portfolio of approximately $1.5 billion, total assets under management are approximately $10 billion. Because our leases are long term, we are well positioned to weather short-term market fluctuations. We are diversified geographically with investments in 17 countries, predominantly the U.S. and Western Europe.

Our net lease investing activities are carried out through our Corporate Property Associates (CPA) series of income-generating, non-traded REITs. We are distinguished by the fact that we are the only public company sponsor of non-traded REITs. This forces upon us a philosophy of transparency and disclosure, which enhances the marketing of our CPA funds. Twelve of the CPA REITs have run full cycle. And it is important to note that no full-term investor has ever lost money in the CPA Funds