W P Carey Inc Stern Group Auto Dealership

W. P. Carey Inc. entered into a sale-leaseback transaction for a portfolio of 10 automotive retail and service sites in the Netherlands with Stern Groep N.V., for approximately $62.9 million. The portfolio is triple-net leased for a 17-year period and includes full Dutch CPI annual rent escalations. (PRNewsFoto/W. P. Carey Inc.)

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