Every Spin-Off
Net Lease Office Properties
NLOPCompletedSpin of Net Lease Office Properties (NLOP)
- Distribution date
- 1 Nov 2023
- Structure
- Spin-off
- Parent
- W.P. Carey (WPC)
- Spin-off ticker
- NLOP
- 2-year mark
- 1 Nov 2025
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
1 Nov 2023100%1 Nov 2025
Source documents
- Press releaseW. P. Carey press release: Completion of Spin-Off of Net Lease Office Properties (11/1/23)
- PresentationNot located
- Information statementNLOP information statement dated 10/6/23 (EX-99.1 to NLOP 8-K)
Every Spin-Off research
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