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W.P. Carey sees FY24 preliminary AFFO $4.60-$4.80, consensus $4.61
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W.P. Carey sees FY24 preliminary AFFO $4.60-$4.80, consensus $4.61

FY23 guidance is based on: investment volume of $1.5B; completion of the Company’s strategic plan to exit office, including anticipated asset sales under the Office Sale Program totaling approximately $500M early in 2024; exercise of the U-Haul purchase option during the 2024 Q1, generating approximately $470M in gross proceeds; operating property dispositions of up to $100M; and other dispositions totaling $100M-$300M.

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