W. P. Carey Inc. (NYSE: WPC) disclosed it has visibility into more than $1.9 billion in investment volume for full-year 2026, including approximately $1.4 billion completed year to date, according to a company statement issued Sept. 10, 2026.

The net lease REIT also updated its outlook for tenant credit-related rent loss, citing receipt of August rent from Hellweg and an expectation of collecting additional rent from the tenant during the second half of 2026. The company said it also expects to recognize bank guarantees covering up to three months of lease-related damages associated with Hellweg.

W. P. Carey said it has executed binding lease agreements for nine Hellweg stores, representing approximately $9.8 million, or 64%, of current Hellweg annualized base rent. New rent from those stores is expected to commence between late 2026 and mid-2027.

Of the remaining seven Hellweg stores, two — representing approximately $1.2 million, or 8% of Hellweg annualized base rent — are in final lease negotiations expected to conclude by the end of September. Five stores, representing approximately $4.3 million, or 28% of Hellweg annualized base rent, are expected to be sold by year-end. Overall rent recapture for the 11 stores being re-tenanted is expected to be close to 100% of current Hellweg rent.

CEO Jason Fox said the company is confident that adjusted funds from operations is on track to finish the year above the midpoint of current guidance, with a full update expected when third-quarter results are reported.

W. P. Carey held a portfolio of 1,748 net lease properties covering approximately 188 million square feet as of June 30, 2026.