DLA Piper Advises W. P. Carey on a $400 Million "At-The-Market" Offering Program
DLA Piper LLP (US) advised W. P. Carey Inc. on implementing an "at-the-market" offering program, pursuant to which W. P. Carey may, from time to time, sell shares of its common stock having an aggregate gross sales price of up to $400 million.
W. P. Carey Inc. is a self-managed real estate investment trust and a leading global owner and manager of commercial properties, primarily net leased to companies on a long-term basis. Through its investment management business, the company also manages a series of non-traded publicly registered investment programs.