Non-Current Assets

Above-market rent intangible assets

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.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase indicates the acquisition of properties with premium-priced leases, which may face downward pressure upon lease renewal.

Detailed definition

This represents the value assigned to lease agreements where the contract rent is higher than the prevailing market rent...

Peer comparison

Common in REITs that frequently acquire stabilized portfolios with long-term leases.

Metric ID: non_current_assets_finite_lived_intangible_asset_off_mar_79a1ec

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$658.13M$868.97M
CAGR-5.7%
Avg YoY Growth-5.7%
Median YoY Growth-3.3%
Current Streak3 quarters decline

Frequently Asked Questions

What is W.P. Carey Inc.'s above-market rent intangible assets?
W.P. Carey Inc. (WPC) reported above-market rent intangible assets of $658.13M in Q1 2026.
How has W.P. Carey Inc.'s above-market rent intangible assets changed year-over-year?
W.P. Carey Inc.'s above-market rent intangible assets decreased by 2.0% year-over-year, from $671.89M to $658.13M.
What is the long-term trend for W.P. Carey Inc.'s above-market rent intangible assets?
Over 5 years (2020 to 2025), W.P. Carey Inc.'s above-market rent intangible assets has grown at a -5.4% compound annual growth rate (CAGR), from $881.16M to $668.71M.
What does above-market rent intangible assets mean?
The value of lease contracts where the rent exceeds current market rates.