W P Carey completed the acquisition of an industrial portfolio from Polytainers for $67m.

W P Carey, a real estate investment trust company, completed the acquisition of an industrial portfolio from Polytainers, a rigid plastic packaging supplier, for $67m. “When we buy a deal, we tend to target lease terms of 10 years or more. We spend more than half our time on every single deal digging deep into the tenant itself, understanding their business and scrutinizing their financial statements. We view ourselves as a hybrid investor between real estate and credit because of our focus on that lease term,” Boyd Borjiet, W P Carey Vice President.