Discontinued — last reported Q1 '24
Business Segments · Occupancy Rate
Real Estate — Occupancy Rate
W.P. Carey Inc. Real Estate — Occupancy Rate decreased by 0.1% to 99.1% in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 0.1%, from 99.2% to 99.1%. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2024May 1, 2024
How to read this metric
Higher occupancy rates indicate strong demand and effective leasing strategies, while declining rates suggest market weakness or competitive disadvantages.
Detailed definition
The percentage of the total leasable area that is currently occupied by tenants. It is a primary indicator of asset perf...
Peer comparison
A universal performance benchmark for all real estate companies to measure asset utilization.
Metric ID:
wpc_segment_real_estate_occupancy_rateHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|
| Value | 0% | 0.4% | 0.1% | 98.5% | 0.6% | 99.2% | 99.1% |
| QoQ Change | — | — | -75.0% | >999% | -99.4% | >999% | -0.1% |
| YoY Change | — | — | — | — | — | +0.7% | -0.1% |
Range0% – 99.2%
Avg YoY Growth+0.3%
Median YoY Growth+0.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is W.P. Carey Inc.'s real estate — occupancy rate?
- W.P. Carey Inc. (WPC) reported real estate — occupancy rate of 99.1% in Q1 2024.
- How has W.P. Carey Inc.'s real estate — occupancy rate changed year-over-year?
- W.P. Carey Inc.'s real estate — occupancy rate decreased by 0.1% year-over-year, from 99.2% to 99.1%.
- What does real estate — occupancy rate mean?
- The percentage of available property space that is currently rented out.