WPC News & Events

Consensus is for FY26 AFFO $5.21. FY26 guidance is based on based on the following key assumptions: investment volume of between $1.5B-$2.0B, which is revised higher; disposition volume of between $250M-$750M, which is unchanged; total general and administrative expenses of between $103M-$106M, which is unchanged; property expenses, excluding reimbursable tenant costs, of between $56M-$60M, which is unchanged; and tax expense, on an AFFO basis, of between $45M-$49M, which is unchanged.

Reports Q1 revenue $454.5M, consensus $447.18M. "We've had a strong start to the year, backed by continued investment momentum and successful execution in the capital markets. Combined with the depth of our pipeline and the performance of our portfolio, this has enabled us to raise our full-year outlook for both investment volume and AFFO per share," said Jason Fox, CEO. "With substantial liquidity and our 2026 equity needs already addressed, we're confident in our ability to continue deploying capital accretively. And based on the investments we've completed to date, our current pipeline and capital projects delivering this year, we have visibility into well over a billion dollars of investments at cap rates averaging in the mid-sevens. When coupled with our best-in-class rent escalations, we believe the strength and consistency of that growth will drive long-term shareholder value."