W.P. Carey's Corporate Property Associates Funds Announce Third Quarter 2006 Distributions
September 21 2006 - 10:15AM
PR Newswire (US)
NEW YORK, Sept. 21 /PRNewswire-FirstCall/ -- The Boards of
Directors of Corporate Property Associates 16 - Global Incorporated
(CPA(R):16 - Global), Corporate Property Associates 15 Incorporated
(CPA(R):15), Corporate Property Associates 14 Incorporated
(CPA(R):14) and Corporate Property Associates 12 Incorporated
(CPA(R):12) announced today the distributions for each company for
the third quarter of 2006. * CPA(R):16 - Global's distribution
increased to $0.001740 per day for each day of the period from and
including July 1, 2006 through September 30, 2006, on which a
shareholder was shareholder of record. Distributions for the
following CPA(R) funds are payable on October 13, 2006 to
shareholders of record as of September 30, 2006. * CPA(R):15's
distribution increased to $0.1634 per share. * CPA(R):14's
distribution remained at $0.1929 per share. * CPA(R):12's
distribution remained at $0.2067 per share. CPA(R):16 - Global,
CPA(R):15, CPA(R):14 and CPA(R):12 are members of the W.P. Carey
Group, which is one of the largest providers of net lease financing
for corporations worldwide. The Group owns more than 700 commercial
and industrial properties in 13 countries, representing
approximately 93 million square feet, valued at approximately $8
billion. This press release contains forward-looking statements
within the meaning of the Federal securities laws. A number of
factors could cause the company's actual results, performance or
achievement to differ materially from those anticipated. Among
those risks, trends and uncertainties are the general economic
climate; the supply of and demand for commercial properties;
interest rate levels; the availability of financing; and other
risks associated with the acquisition and ownership of properties,
including risks that the tenants will not pay rent, or that costs
may be greater than anticipated. For further information on factors
that could impact the company, reference is made to the company's
filings with the Securities and Exchange Commission. MEDIA
RELATIONS INVESTOR RELATIONS Heather Bentley 212-492-8992 Susan
Hyde 212-492-1151 DATASOURCE: W.P. Carey & Co. LLC CONTACT:
Media, Heather Bentley, +1-212-492-8992, , or Investor, Susan Hyde,
+1-212-492-1151, , both of W. P. Carey & Co. LLC Web site:
http://www.wpcarey.com/
Copyright