Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
W.P. Carey Expects 2026 AFFO Above Guidance Midpoint Amid Improved Rent Loss Outlook

W.P. Carey Expects 2026 AFFO Above Guidance Midpoint Amid Improved Rent Loss Outlook

MT newswireMT newswire2026/09/10 12:12
08:12 AM EDT, 09/10/2026 (MT Newswires) -- W.P. Carey (WPC) expects full-year 2026 adjusted funds from operations to exceed the midpoint of its guidance range and improved its outlook for rent losses from tenant credit events, the company said Thursday. In late July, W. P. Carey said it expected 2026 AFFO in the range of $5.19 to $5.27 per diluted share. Analysts polled by FactSet expect $5.26. The company said it received August rent from Hellweg and expects to collect additional rent from the tenant during the H2. W. P. Carey also expects to receive bank guarantees covering up to three months of lease-related damages associated with Hellweg, it said. W. P. Carey said it currently has visibility into more than $1.9 billion of investment volume for the full year, including approximately $1.4 billion completed year to date. The company said it has executed binding lease agreements for nine Hellweg stores representing around $9.8 million in rent. Two additional stores are in the final stages of lease negotiations for $1.2 million, while five stores are expected to be sold by year-end. W. P. Carey said it will update its full-year outlook when it reports Q3 results.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Qualcomm (QCOM.US) acquires robotics software company PickNik to strengthen its presence in the physical AI field

Qualcomm announced on Wednesday that it will acquire the robotics software company PickNik to enhance its presence in the field of physical AI and robotics.

智通财经2026/09/24 01:16

Four Mac Studio systems run trillion-parameter models, Apple challenges Nvidia's narrative on inference

Apple's hardware chief pointed out that after enterprises purchase devices outright, there is no need to pay by token, and the cost-effectiveness of local computing power might be superior to long-term rental of cloud GPUs. Goldman Sachs believes that if more inference tasks shift to end devices, Nvidia's share in incremental AI activity may fall short of market expectations. Currently, Nvidia's implied volatility is at its lowest since before the pandemic, and option pricing has almost no risk premium allocated for this narrative change. Therefore, Goldman Sachs recommends buying Nvidia put options and going long on Apple.

华尔街见闻2026/09/24 01:01

Canadian Prime Minister: US-Canada trade agreement is still possible, but Ottawa will not give up its right to deepen cooperation with the EU

Canadian Prime Minister Carney stated that while it remains possible to reach a trade agreement with the United States, Canada will not trade its sovereignty for any deal, particularly insisting on its right to independently sign trade agreements. Meanwhile, Carney is actively promoting deeper cooperation between Canada and the European Union, covering critical minerals, energy, scientific research, and student exchanges, aiming to reduce dependence on the US and defend national sovereignty. He emphasized that in an era when connectivity can be weaponized, diversified cooperation is a necessary choice for safeguarding sovereignty.

华尔街见闻2026/09/24 01:01