WPC - Mergers and acquisitions

Addresses Sale Speculation Modiv Industrial, Inc. ("Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced its latest independent, third-party appraisal of its assets resulting in an updated Net Asset Value ("NAV") of $24.11 per share as of December 31, 2024. The following is a statement from Aaron Halfacre, CEO of Modiv Industrial: "This year we engaged Cushman & Wakefield to conduct an appraisal of our 43 properties and to value our three fixed rate mortgages. Their estimates of value were then used to calculate our net asset value (NAV) per share as delineated in the table further b

NEW YORK, May 6, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today announced the acquisition of an approximately 1.1 million-square-foot (100,000-square-meter) Class-A logistics facility for $195 million (£141 million), including transaction fees. Located in Solihull, U.K., the facility is leased for a term of 30 years to Jaguar Land Rover Limited. Key Facts: Leading luxury car manufacturer: Jaguar Land Rover is the U.K.'s largest premium automotive manufacturer, built around two iconic British car brands. Land Rover is the world's leading manu