W.P. Carey has promoted Christopher Mertlitz to managing director, head of European investments, effective immediately. In this role, Mertlitz will oversee W. P. Carey’s European investment activity including the sourcing, underwriting, negotiating and structuring of all European transactions.
Prior to joining W. P. Carey, Mertlitz worked in a number of sectors including engineering, energy and information technology in Austria and Germany.
W.P. Carey has been investing in Europe since 1998 and has undergone significant expansion over the past two decades with on-the-ground teams in both London and Amsterdam. Since then, the firm has completed European investments totaling $8.6 billion (€7.1 billion) and has grown its European real estate to over 35 percent of its global portfolio. Mertlitz has been integral to this growth having helped lead more than $2.2 billion (€1.8 billion) of investments, most recently with the $102 million (€87 million) sale-leaseback of
