Exhibit 99.2 W. P. Carey Inc. Supplemental Information Second Quarter 2024 Terms and Definitions Important Note Regarding Non-GAAP Financial Measures This supplemental package includes certain "non-GAAP" supplemental measures that are not defined by generally accepted accounting principles ("GAAP"), including funds from operations ("FFO"); adjusted funds from operations ("AFFO"); earnings before interest, taxes, depreciation and amortization ("EBITDA"); adjusted EBITDA; pro rata cash net operating income (" ...

Core Viewpoint - W. P. Carey Inc. reported its financial results for the second quarter of 2024, highlighting a decrease in revenues and adjusted funds from operations (AFFO), while maintaining a strong liquidity position and ongoing strategic initiatives to exit office assets [1][2][3]. Financial Performance - Revenues for the second quarter totaled $389.7 million, down 13.9% from $452.6 million in the same quarter of 2023 [2]. - Net income attributable to W. P. Carey was $142.9 million, a decrease of 1.2% from $144.6 million in the prior year [8]. - AFFO for the quarter was $257.1 million, or $1.17 per diluted share, down 14.0% from $1.36 per diluted share in the previous year [9][37]. Strategic Initiatives - The company has completed a strategic plan to exit office assets, including the spin-off of 59 office properties and dispositions under the Office Sale Program totaling approximately $550 million [26]. - Active capital investments and commitments of $38.0 million are scheduled for completion in 2024 [11]. - The company expects higher AFFO in the second half of the year as it redeploys capital into new investments [2]. Capital Structure and Liquidity - The company repaid $500 million of 4.6% Senior Unsecured Notes due April 2024 and issued $400 million of 5.375% Senior Unsecured Notes due 2034 [16][29]. - As of June 30, 2024, total liquidity was $3.2 billion, including approximately $2.0 billion of available capacity under its Senior Unsecured Credit Facility and $1.1 billion in cash and cash equivalents [28]. Market Position - As of June 30, 2024, W. P. Carey’s net lease portfolio consisted of 1,291 properties, covering approximately 170 million square feet, with a weighted-average lease term of 12.0 years and an occupancy rate of 98.8% [15]. - The company has a diversified portfolio that includes 89 self-storage operating properties, four hotel operating properties, and two student housing operating properties [45].

Father Time has proven to be one of the few insurmountable forces in life. Companies change as they age, evolve, or progress through the corporate life cycle. Most change for the better, while some change for the worse. Some companies evolve and reshape themselves through innovation, keeping up with the times and profiting as a result. On the other hand, some companies age less gracefully, becoming a victim of their former success. This past week, we wrote an article covering Realty Income Corporation (O), ...

Disciplined Capital Allocator cowssystems:www.comments.com/stars/spares/spartn Source: February 9th, 2024 News Announcement, Seeking Alpha. | --- | --- | |------------|------------------------------| | | | | | Table 5: Cap Rate Minus WACC | | Cap Rate | 7.53% | | WACC | 6.74% | | Difference | 0.79% | There are important risks and limitations that should be considered. For this framework, small changes in the inputs have a material impact on the results. This is why we would feel more comfortable if the inve ...

Lineage Logistics, a real estate investment trust (REIT) focused on cold storage facilities, is preparing to go public. It's seeking to raise up to $3.9 billion -- a $19.2 billion valuation -- making it the biggest initial public offering (IPO) of 2024 by a wide margin. It would be more than double the $1.5 billion raised by cruise operator Viking Holdings earlier this year at a $10.4 billion valuation. Lineage Logistics is the largest company focused on operating cold storage facilities. It has 482 of thes ...

Core Viewpoint - W. P. Carey Inc. is set to release its financial results for the second quarter of 2024 on July 30, 2024, after market close, followed by a conference call on July 31, 2024, to discuss these results [1][4]. Company Overview - W. P. Carey Inc. is one of the largest net lease REITs, with a diversified portfolio that includes 1,282 net lease properties covering approximately 168 million square feet and 89 self-storage operating properties as of March 31, 2024 [5]. - The company focuses on investing primarily in single-tenant, industrial, warehouse, and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations [5]. Conference Call Details - A conference call and live audio webcast to discuss the financial results will take place on July 31, 2024, at 11:00 a.m. Eastern Time [4]. - Participants are encouraged to dial in at least 10 minutes prior to the start time, with specific call-in numbers provided for U.S. and international callers [5].

START and and and and and and and and and and and and and and and and and and the world of the first I p I can't help but respect W. P. Carey's (NYSE:WPC) strong business metrics (high occupancy rate, solid WALT, reasonable tenant diversification) and the quality of its portfolio leaning towards industrial properties. These factors made me invest in the business in the first place. Nevertheless, there are some factors that cannot go unnoticed that made me stop adding since the announcement of the office pro ...

Core Insights - Agree Realty has significantly expanded its portfolio from 130 properties in 2013 to over 2,100 by Q1 2024, rewarding investors well over the past decade [1] - W.P. Carey is undergoing a portfolio overhaul, which will provide approximately $2.8 billion in investment capacity, allowing for renewed growth [3] - W.P. Carey offers a higher dividend yield of 6.3% compared to Agree Realty's 4.8%, making it potentially more attractive for dividend-focused investors [4][11] Group 1: Company Performance - Over the past 10 years, Agree Realty's dividend has grown at a compound annual rate of roughly 6%, which is considered fast for a net lease REIT [5] - W.P. Carey is in the process of reshaping its portfolio to facilitate faster growth, while Agree's growth may slow down as it is no longer as small as it once was [6] - W.P. Carey's portfolio is diversified across industrial, warehouse, retail, and other categories, unlike Agree's focus on U.S. retail properties [7][16] Group 2: Dividend and Yield Comparison - Agree Realty's dividend yield of 4.8% is attractive but lower than competitors like Realty Income at 5.9% and W.P. Carey at 6.3% [11] - W.P. Carey has started to raise its dividend again after a cut due to its portfolio overhaul, indicating a potential for future growth [12][13] - The worst-case scenario for W.P. Carey post-overhaul is still a higher yield, with expectations of accelerated dividend growth once the overhaul is complete, likely by 2025 [13] Group 3: Market Position and Strategy - Realty Income, the largest net lease REIT, has only increased its dividend by about 3.5% annually, while Agree is expected to continue growing [14] - W.P. Carey generates around 45% of its rents from outside the U.S., providing more avenues for growth compared to Agree's U.S.-focused strategy [16] - W.P. Carey's management plans indicate that the turnaround is progressing as intended, suggesting a faster-growing business in the future [17]

Mr. Fox said, "John has been an integral member of the W. P. Carey team for nearly 37 years. His contributions to our success have been numerous and I have personally valued his insights, creativity, and importantly, his friendship over the years. On behalf of the entire company, I want to thank John for the critical role he played in shaping W. P. Carey." www.wpcarey.com NEW YORK, July 10, 2024 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT, today announced that John Park will step ...

Core Insights - W. P. Carey has been recognized as a Great Place to Work for the third consecutive year in the U.S. and for the first time in the Netherlands, along with being named one of Fortune's Best Workplaces in New York [2] - The company has a strong commitment to creating a positive employee experience, as evidenced by high employee satisfaction ratings in their global survey [2] Employee Experience - 98% of employees feel they work in an inclusive environment that welcomes differences [2] - 98% believe that management is honest and ethical in its business practices [2] - 97% are proud to tell others they work at W. P. Carey [2] - 97% feel welcomed when they join the company [2] - 99% believe that employees are willing to give extra effort to get the job done [2] Company Overview - W. P. Carey ranks among the largest net lease REITs with a diversified portfolio of 1,282 net lease properties covering approximately 168 million square feet and 89 self-storage operating properties as of March 31, 2024 [3] - The company focuses on investing in single-tenant, industrial, warehouse, and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations [3]