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flag W.P. Carey sells office properties, focuses on industrial/warehouse assets, and targets a 70%-75% AFFO payout ratio.

flag W.P. flag Carey, a real estate investment trust, has restructured its portfolio for resilience by selling office properties and focusing on industrial and warehouse assets in the U.S. and Europe. flag Despite ending its 26-year dividend growth streak, the company now targets a 70%-75% AFFO payout ratio and offers a 5.5% dividend yield. flag With over $3.2 billion in liquidity and favorable market conditions, W.P. flag Carey is well-positioned for growth amid rising e-commerce demand.

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