June 18, 2018 / 11:16 AM / 3 months ago

WP Carey plans to buy Corporate Property Associates 17

June 18 (Reuters) - Real estate investment trust WP Carey Inc plans to buy Corporate Property Associates 17 – Global Inc, which invests primarily in commercial real estate, in a deal valued at about $6 billion.

The deal is expected to close in the fourth quarter of 2018, the company said. (Reporting by Ankit Ajmera in Bengaluru Editing by Saumyadeb Chakrabarty)

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