W. P. Carey is an internally-managed diversified real estate investment trust (REIT). The company's business operates in two segments: Real Estate, in which the company invests in commercial real estate properties that are net-leased to tenants, primarily located in the U.S. and Northern and Western Europe; and Investment Management, in which the company manages tjhe portfolios of certain non-traded investment programs through its investment management business, non-traded REITs that have invested in lodging and lodging-related properties, and a private limited partnership formed for the purpose of developing, owning, and operating student housing properties and similar investments in Europe.
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