Exhibit 99.1


Peter Sands    Kristina McMenamin     Guy Lawrence
W. P. Carey Inc.     W. P. Carey Inc. Ross & Lawrence
212-492-8989    212-492-8995 212-308-3333
psands@wpcarey.com    kmcmenamin@wpcarey.com    gblawrence@rosslawpr.com

W. P. Carey Announces Fourth Quarter and Year-End 2013 Financial Results

New York, NY – March 3, 2014 – W. P. Carey Inc. (NYSE: WPC) (“W. P. Carey” or the “Company”), a global net-lease real estate investment trust (“REIT”), today reported financial results for the fourth quarter and full year ended December 31, 2013.

During 2013, the Company:
Generated Funds from operations—as adjusted (“AFFO”) of $1.12 per diluted share and $4.22 per diluted share for the fourth quarter and full year, respectively
Acquired seven properties for a total of $347.1 million
Structured $1.4 billion of investments on behalf of the Managed REITs
Raised its annualized dividend rate to $3.48 per share in the fourth quarter, an increase of 31.8% over the fourth quarter of 2012 and the Company’s 51st consecutive quarterly increase
Declared a special distribution of $0.11 per share in the fourth quarter
Generated a total shareholder return of approximately 23.0% for the full year
Subsequent to year-end, the Company:
Completed its merger with CPA®:16 – Global, valued at approximately $4.0 billion
Received investment grade corporate ratings of BBB and Baa2 from Standard & Poor's Ratings Services and Moody’s Investors Service, respectively
Closed on a new credit agreement that increased the capacity of its unsecured line of credit from $625.0 million to $1.25 billion, comprised of a $1.0 billion revolving line of credit and a $250.0 million term loan


AFFO for the fourth quarter of 2013 was $78.1 million, or $1.12 per diluted share, compared to $78.8 million, or $1.13 per diluted share, for the fourth quarter of 2012. For the 2013 full year, AFFO was $294.2 million, or $4.22 per diluted share, compared to $180.6 million, or $3.76 per diluted share, for the 2012 full year, an increase of $113.6 million and $0.46 per diluted share, respectively, due primarily to income from properties acquired in the Company’s merger with CPA®:15, which closed on September 28, 2012 (the “CPA®:15 Merger”), partially offset by the cessation of asset management revenue received from CPA®:15 upon completion of the CPA®:15 Merger. Per share data for the 2013 periods also reflects the issuance of approximately 28.2 million shares in connection with the CPA®:15 Merger to stockholders of CPA®:15. Further information concerning AFFO, a non-GAAP supplemental performance metric, is presented in the accompanying tables and related notes.

W. P. Carey Inc. 2013 Earnings Release 8-K 1

The following information was filed by W. P. Carey Inc. (WPC) on Monday, March 3, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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