CPA:18 - Global Announces EUR 69 Million Acquisition of City Center Rotterdam Office Towers

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Jason Fox , Co-head of Global Investments of W. P. Carey , said:

"This acquisition by CPA :18 Global marks the second major transaction by one of our managed REITs in the Netherlands this year. The investment further reinforces our role as a capital source for European companies, developers and investors looking to recycle capital into new investments.  The long-term lease commitment, coupled with the inherent value of the asset itself, is representative of the criteria we look for when sourcing and structuring portfolio acquisitions."

W. P. Carey Director, Ralph van der Beek , added:

"Through our network of European contacts, we were able to draw on our previous investing experience in the Netherlands as well as other parts of Europe to access this attractive investment opportunity."

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