Jason Fox, Chief Executive Officer, W. P. Carey said: "I'm pleased to say we had a strong finish to 2024, completing a record quarter for investment activity, which brought us into the top half of our investment volume guidance range. The full benefit of these investments will flow through our earnings in 2025, in addition to our best-in-class rent escalations. And we're well-positioned to continue putting capital to work this year without the need to issue equity — funding investments through the substantial liquidity we've built up and accretive sales of non-core assets, including operating properties. Furthermore, 2024 has established a new baseline from which we will grow our AFFO and dividend."