W.P. Carey Inc. Above-market rent intangible assets decreased by 1.6% to $658.13M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.0%, from $671.89M to $658.13M. Over 5 years (FY 2020 to FY 2025), Above-market rent intangible assets shows a downward trend with a -5.4% CAGR.
An increase indicates the acquisition of properties with premium-priced leases, which may face downward pressure upon lease renewal.
This represents the value assigned to lease agreements where the contract rent is higher than the prevailing market rent...
Common in REITs that frequently acquire stabilized portfolios with long-term leases.
non_current_assets_finite_lived_intangible_asset_off_mar_79a1ec| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $868.97M | $859.39M | $843.41M | $837.79M | $822.47M | $840.94M | $833.75M | $807.79M | $806.62M | $771.07M | $706.77M | $693.29M | $676.67M | $682.35M | $665.50M | $671.89M | $679.07M | $671.50M | $668.71M | $658.13M |
| QoQ Change | — | -1.1% | -1.9% | -0.7% | -1.8% | +2.2% | -0.9% | -3.1% | -0.1% | -4.4% | -8.3% | -1.9% | -2.4% | +0.8% | -2.5% | +1.0% | +1.1% | -1.1% | -0.4% | -1.6% |
| YoY Change | — | — | — | — | -5.4% | -2.1% | -1.1% | -3.6% | -1.9% | -8.3% | -15.2% | -14.2% | -16.1% | -11.5% | -5.8% | -3.1% | +0.4% | -1.6% | +0.5% | -2.0% |