W. P. Carey Inc. (WPC) has disclosed a new risk, in the Corporate Activity and Growth category.
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W. P. Carey Inc. faces a substantial business risk due to a lack of diversification in its real estate portfolio. Post the November 2023 Spin-Off and subsequent Office Sale Program, the company’s asset base is heavily skewed, with around 80% of its Annual Base Rent (ABR) anchored in the industrial/warehouse and retail sectors as of year-end 2023. This concentration increases vulnerability to sector-specific economic downturns and market volatility, potentially undermining W. P. Carey Inc.’s investment objectives and financial stability.
The average WPC stock price target is $67.00, implying 16.77% upside potential.
To learn more about W. P. Carey Inc.’s risk factors, click here.