Discontinued — last reported Q1 '24
Real Estate — Area of Real Estate Property
W.P. Carey Inc. Real Estate — Area of Real Estate Property decreased by 2.9% to $168.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.5%, from $176.00M to $168.00M. Over 2 years (FY 2021 to FY 2023), Real Estate — Area of Real Estate Property shows an upward trend with a 8.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth in total area indicates portfolio expansion, while changes in revenue per square foot can signal shifts in asset quality or market demand.
Detailed definition
The total square footage or physical footprint of the real estate portfolio. It provides a measure of the physical scale...
Peer comparison
Standard metric for industrial, office, and retail REITs to define the physical magnitude of their holdings.
wpc_segment_real_estate_area_of_real_estate_propertyHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $150.00M | $152.00M | $156.00M | $157.00M | $161.00M | $175.00M | $176.00M | $176.00M | $180.00M | $179.00M | $173.00M | $168.00M |
| QoQ Change | — | +1.3% | +2.6% | +0.6% | +2.5% | +8.7% | +0.6% | +0.0% | +2.3% | -0.6% | -3.4% | -2.9% |
| YoY Change | — | — | — | — | +7.3% | +15.1% | +12.8% | +12.1% | +11.8% | +2.3% | -1.7% | -4.5% |
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Frequently Asked Questions
- What is W.P. Carey Inc.'s real estate — area of real estate property?
- W.P. Carey Inc. (WPC) reported real estate — area of real estate property of $168.00M in Q1 2024.
- How has W.P. Carey Inc.'s real estate — area of real estate property changed year-over-year?
- W.P. Carey Inc.'s real estate — area of real estate property decreased by 4.5% year-over-year, from $176.00M to $168.00M.
- What is the long-term trend for W.P. Carey Inc.'s real estate — area of real estate property?
- Over 2 years (2021 to 2023), W.P. Carey Inc.'s real estate — area of real estate property has grown at a 8.3% compound annual growth rate (CAGR), from $604.00M to $708.00M.
- What does real estate — area of real estate property mean?
- The total size of the company's real estate holdings in square units.