Global investment management company WP Carey & Co has appointed Jeffrey Lefleur as managing director. Lefleur, who operates out of offices in both London and New York, will continue to be responsible for sourcing, negotiating and executing sale-leaseback transactions in Europe on behalf of the company’s CPA series of income-generating, non-traded REITs.

As a specialist in IAS / IFRS compliant sale leaseback financing for special-purpose & industrial real estate, over the past eight years Lefleur has helped to close WP Carey’s first investments in Belgium, Croatia, Finland, Germany, Hungary, the Netherlands, Poland, Spain and Sweden.

WP Carey has a global portfolio approximating $10.5 billion in assets, with Europe representing approximately $ 3 bn.