W P CAREY & CO LLC
			Symbol			WPC

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

The W. P. Carey Group Completes Fourth Sale-Leaseback With German DIY Retailer, OBI

2009-10-15 09:15 ET - News Release

NEW YORK, NY -- (MARKET WIRE) -- 10/15/09

Investment firm W. P. Carey & Co. LLC (NYSE: WPC) today announced that its publicly-held, non-traded REIT affiliate, CPA®:17 - Global, has entered into a sale-leaseback transaction with the OBI Group (OBI) totaling approximately EUR 10 million ($15 million).

This is the fourth sale-leaseback W. P. Carey has arranged with the OBI Group over the last four years, providing OBI with more than $200 million of total financing. One of the leading (do-it-yourself) DIY retailers in the world, OBI currently operates more than 530 stores in Central and Eastern Europe and is looking to further expand in this region.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.