W. P. Carey Inc. Completes $114 Million Acquisition of Total's Norwegian Headquarters
PR Newswire - Thu Aug 07, 6:30AM CDT
W. P. Carey Inc. (NYSE: WPC), a global net lease REIT specializing in corporate sale-leaseback, build-to-suit financing and the acquisition of single-tenant net lease properties, announced today that it has acquired the headquarters of Total E&P Norge AS (Total Norway) in Stavanger, Norway, for approximately $114 million (NOK 716 million) after tax adjustments and transaction costs. The seller was Norwegian real estate investment company and developer, Norwegian Property ASA (NPRO).
WPC: 70.82 (-0.64)
W. P. Carey Inc. Completes NOK 716 Million Acquisition of Total's Norwegian Headquarters
PR Newswire Europe - Thu Aug 07, 1:00AM CDT
-- Net lease investment in French energy giant's Norwegian HQ adds to global portfolio
WPC: 70.82 (-0.64)