WP Carey, the global investment firm that specialises in corporate sale-and-leaseback and build-to-suit financing, has appointed Trevor Bond as CEO.
WP Carey, the global investment firm that specialises in corporate sale-and-leaseback and build-to-suit financing, has appointed Trevor Bond as CEO.
The company is listed on the NYSE and headquartered in New York but has made strong stride into Europe in recent years with more than 50% of its current fund CPA 17 invested in Europe. Of the $10 bn (EUR 7.4 bn) assets under management, WP Carey has $3 bn invested across 16 European countries.
Notable recent sale-and-leaseback transactions include the $225 mln all equity deal for the New York Times' headquarters and the EUR 115 mln of financing with Spanish food retailer Eroski. Other deals have been carried out with Tesco and National Express.
Bond has been on the board of WP Carey for several years.
