Discontinued — last reported Q4 '23
Real Estate — Reimbursable tenant costs
W.P. Carey Inc. Real Estate — Reimbursable tenant costs decreased by 7.6% to $18.94M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 10.2%, from $21.08M to $18.94M. Over 2 years (FY 2021 to FY 2023), Real Estate — Reimbursable tenant costs shows an upward trend with a 14.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher levels indicate a strong ability to pass operating costs to tenants, which protects margins from inflation.
Detailed definition
Represents property-related expenses that are contractually obligated to be paid back by tenants under the terms of thei...
Peer comparison
Standard in commercial real estate as 'Recoverable Expenses' or 'Tenant Reimbursements'.
wpc_segment_real_estate_reimbursable_tenant_costsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.09M | $15.09M | $16.48M | $16.96M | $16.70M | $18.87M | $21.08M | $21.98M | $20.52M | $20.50M | $18.94M |
| QoQ Change | — | +0.0% | +9.2% | +2.9% | -1.5% | +13.0% | +11.7% | +4.2% | -6.6% | -0.1% | -7.6% |
| YoY Change | — | — | — | — | +10.7% | +25.1% | +28.0% | +29.6% | +22.9% | +8.6% | -10.2% |
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Frequently Asked Questions
- What is W.P. Carey Inc.'s real estate — reimbursable tenant costs?
- W.P. Carey Inc. (WPC) reported real estate — reimbursable tenant costs of $18.94M in Q4 2023.
- How has W.P. Carey Inc.'s real estate — reimbursable tenant costs changed year-over-year?
- W.P. Carey Inc.'s real estate — reimbursable tenant costs decreased by 10.2% year-over-year, from $21.08M to $18.94M.
- What is the long-term trend for W.P. Carey Inc.'s real estate — reimbursable tenant costs?
- Over 2 years (2021 to 2023), W.P. Carey Inc.'s real estate — reimbursable tenant costs has grown at a 14.6% compound annual growth rate (CAGR), from $62.42M to $81.94M.
- What does real estate — reimbursable tenant costs mean?
- Property expenses that are contractually paid for by the tenants.