Euros attracted by net lease financing in $110M deal.Investment firm W. P. Carey
Carey is the name of several places:
LLC - Logical Link Control announced that it acquired and leased back the corporate headquarters of Pohjola This article is about Finnish mythology. For the district of Turku, see Pohjola, Turku and for the insurance company Pohjola (company). Pohjola or Pohja is a location in Finnish mythology and is usually translated as Northland in English. Non-Life In the physical sciences, non-life is an umbrella term set to distinguish or characterize those inanimate chemical precursors found in the primeval soup of the early years of planetary evolution from which life, theoretically, evolved or came into existence. Insurance Company Ltd., one of the largest Scandinavian insurance companies and financial institutions. The total cost was approximately $110 million (Euro 83.6 million). The sale of the 979,516 square foot facility, located in Helsinki Helsinki (hĕl`sĭngkē), Swed. Helsingfors, city (1998 pop. 546,317), capital of Finland, located in Southern Finland prov., S Finland, on the Gulf of Finland. , Finland, will enable Pohjola to rebalance its investment portfolio. Edward V Edward V, 1470–83?, king of England (1483), elder son of Edward IV and Elizabeth Woodville. His father's death (1483) left the boy king the pawn of the conflicting ambitions of his paternal uncle, the duke of Gloucester (later Richard III) and his maternal . LaPuma, Chief Investment Officer of W. E Carey International, said, "This represents our second deal in the past six months with one of Finland's leading corporations. "As net lease financing becomes increasingly popular among companies in Europe, many are realizing the benefits of working with W. P. Carey, an industry leader and sale-leaseback pioneer, who has established a presence in Europe and has a track record of closing transactions on time and as proposed. We're excited for an active 2005 as we look to work with companies around the world to meet their capital needs." The transaction was completed on behalf of Corporate Property Associates 15 Incorporated (CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. [R]:15) and Corporate Property Associates 16--Global Incorporated (CPA[R]: 16--Global), members of the $7 billion W. P. Carey Group of income generating, publicly held, non-traded real estate investment trusts (REITs). CPA[R]:15 will own a 60% interest, while CPA[R]:16--Global will own the remaining 40% interest. This transaction represents W. P. Carey's first acquisition of the New Year and adds to its rapidly growing portfolio of global investments, which consists of more than 12.6 million square feet. In July 2004, the W. P. Carey Group acquired and leased back the chief technology facility and a corporate office of TietoEnator, located in Espoo, Finland, for approximately $97 million (Euro 72 million). Other recent transactions include office, industrial, warehouse and distribution facilities leased to Wallac Oy in Turku, Finland; Katun Corporation in Gorinchem, the Netherlands; Actuant Corporation in Kahl am Main, Germany; Carrefour throughout France. |
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