W.P. Carey Inc. Reimbursable tenant costs increased by 1.7% to $19.69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.2%, from $17.09M to $19.69M. Over 4 years (FY 2021 to FY 2025), Reimbursable tenant costs shows an upward trend with a 2.4% CAGR.
Changes reflect shifts in lease structures (e.g., moving from triple-net to gross leases) rather than changes in operational efficiency.
These are property-related costs, such as utilities or maintenance, that are contractually passed through to tenants. Wh...
Standard in commercial real estate; peers with 'net' lease structures will have lower reimbursable expenses than those with 'gross' leases.
other_reimbursable_tenant_expense| 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 | $15.09M | $15.09M | $16.48M | $16.96M | $16.70M | $18.87M | $21.08M | $21.98M | $20.52M | $20.50M | $18.94M | $12.97M | $14.00M | $13.34M | $15.66M | $17.09M | $17.72M | $14.56M | $19.37M | $19.69M |
| QoQ Change | — | +0.0% | +9.2% | +2.9% | -1.5% | +13.0% | +11.7% | +4.2% | -6.6% | -0.1% | -7.6% | -31.5% | +7.9% | -4.8% | +17.4% | +9.1% | +3.7% | -17.8% | +33.0% | +1.7% |
| YoY Change | — | — | — | — | +10.7% | +25.1% | +28.0% | +29.6% | +22.9% | +8.6% | -10.2% | -41.0% | -31.8% | -34.9% | -17.3% | +31.8% | +26.5% | +9.2% | +23.7% | +15.2% |
| Segment | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|
| Real Estate | $16.96M | $16.70M | $18.87M | $21.08M | $21.98M | $20.52M | $20.50M | $18.94M |
| Total | $16.96M | $16.70M | $18.87M | $21.08M | $21.98M | $20.52M | $20.50M | $18.94M |
Real Estate was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.