W.P. Carey: I'm Buying Into The Turnaround

W.P. Carey is rated a Buy following its strategic exit from office assets and a pivot to industrial and logistics properties. WPC's Q4 revenue grew 10.1% Y/Y, with AFFO guidance of $5.13–$5.23 and investment volume up to $1.75B, outpacing peers. The portfolio shift to industrial/manufacturing (68% of volume) and European exposure drives growth, rent escalations, and operational resilience.