W.P. Carey Inc. (NYSE: WPC) started trading as a real estate investment trust, just after its merger with its publicly held-non-traded REIT affiliate, Corporate Property Associates 15 Inc., closed.
The merger, which was announced Sept. 14, closed Sept. 28.
The company provides sale-leaseback and build-to-suit financing for companies. It manages an investment portfolio of about $12.7 billion.
W.P. Carey picked up 6 properties for $32 million on Sept. 26.