Exhibit 99.1

Corporate Property Associates 17 — Global Incorporated
Supplemental Information

As of December 31, 2010

As used in this supplemental package, the terms “the Company,” “we,” “us” and “our” include Corporate Property Associates 17 — Global Incorporated (“CPA^®:17”), its consolidated subsidiaries and predecessors, unless otherwise indicated.

Important Note Regarding Non-GAAP Financial Measures

This supplemental package includes non-GAAP measures, including funds from operations (“FFO”), funds from operations — as adjusted (“AFFO”) and adjusted cash flow from operating activities. A description of these non-GAAP measures and reconciliations to the most directly comparable GAAP measures are provided in this supplemental package.

Forward-Looking Statements

This supplemental package contains forward-looking statements within the meaning of the Federal securities laws. It is important to note that our actual results could be materially different from those projected in such forward-looking statements. You should exercise caution in relying on forward-looking statements as they involve known and unknown risks, uncertainties and other factors that may materially affect our future results, performance, achievements or transactions. Information on factors which could impact actual results and forward-looking statements contained herein is included in our filings with the SEC, including but not limited our Annual Report on Form 10-K for the year ended December 31, 2010. We do not undertake to revise or update any forward-looking statements.

Executive Offices		Investor Relations
50 Rockefeller Plaza		Susan C. Hyde
New York, NY 10020		Managing Director & Director of Investor Relations
Tel: 1-800-WPCAREY or (212) 492-1100		W. P. Carey & Co. LLC
Fax: (212) 492-8922		Phone: (212) 492-1151
Web Site Address: www.CPA17GLOBAL.com

Corporate Property Associates 17 — Global Incorporated
Reconciliation of Net Income (Loss) Attributable to CPA^®:17 — Global Shareholders
to Funds From Operations — as adjusted (AFFO) (Unaudited)
(in thousands, except share and per share amounts)

		Three months ended December 31,												Years ended December 31,
		2010				2009				2008				2010				2009				2008
Net income (loss) attributable to CPA®:17 — Global shareholders		$	8,963			$	(16,994	)		$	(1,860	)		$	30,454			$	(7,701	)		$	(1,247	)
Adjustments:
Depreciation and amortization of real property			4,589				1,657				1,094				13,898				5,289				1,825
Gain on sale of real estate			(1	)			—				—				(110	)			—				—
Proportionate share of adjustments to equity in net income of partially owned entities to arrive at FFO:
Depreciation and amortization of real property			806				1,239				226				3,136				2,182				1,183
Loss on sale of real estate			—				—				—				38				—				—
Proportionate share of adjustments for noncontrolling interests to arrive at FFO			(158	)			(228	)			(106	)			(580	)			(653	)			(227	)
Total adjustments			5,236				2,668				1,214				16,382				6,818				2,781
FFO — as defined by NAREIT			14,199				(14,326	)			(646	)			46,836				(883	)			1,534
Adjustments:
Other depreciation, amortization, and non-cash charges			(19	)			13				1,218				79				83				1,404
Straight-line and other rent adjustments			(1,357	)			(1,162	)			(232	)			(5,252	)			(3,562	)			(315	)
Impairment charges			—				23,904				—				—				23,904				—
Proportionate share of adjustments to equity in net income of partially owned entities to arrive at AFFO:
Other depreciation, amortization, and other non-cash charges			15				—				—				(6	)			—				—
Straight-line and other rent adjustments			(115	)			(106	)			—				(364	)			(106	)			—
Impairment charges			—				—				2,120				—				—				2,120
Gain on extinguishment of debt			—				(326	)			—				—				(326	)			—
Proportionate share of adjustments for noncontrolling interests to arrive at AFFO			208				(2,446	)			(457	)			938				(1,929	)			(491	)
Total adjustments			(1,268	)			19,877				2,649				(4,605	)			18,064				2,718
AFFO (a)		$	12,931			$	5,551			$	2,003			$	42,231			$	17,181			$	4,252
AFFO per share (b)		$	0.11			$	0.09			$	0.08			$	0.43			$	0.36			$	0.29
Weighted average shares outstanding			134,640,891				72,894,294				31,355,158				110,882,448				54,376,664				17,273,533
(a)   The amounts previously furnished for the three months and year ended December 31, 2009 of $8.6 million and $20.2 million, respectively, have been revised in the table above to correct an inadvertent calculation error.
(b)   Numerator for AFFO per share calculation :
AFFO		$	12,931			$	5,551			$	2,003			$	42,231			$	17,181			$	4,252
Issuance of shares to an affiliate in satisfaction of fees due			1,471				746				391				5,050				2,477				719
AFFO numerator in determination of AFFO per share		$	14,402			$	6,297			$	2,394			$	47,281			$	19,658			$	4,971

Non-GAAP Financial Disclosure

Funds from Operations (“FFO”) is a non-GAAP measure defined by the National Association of Real Estate Investment Trusts (“NAREIT”). NAREIT defines FFO as net income or loss (as computed in accordance with GAAP) excluding: depreciation and amortization expense from real estate assets, gains or losses from sales of depreciated real estate assets and extraordinary items; however, FFO related to assets held for sale, sold or otherwise transferred and included in the results of discontinued operations are to be included. These adjustments also incorporate the pro rata share of unconsolidated subsidiaries. FFO is used by management, investors and analysts to facilitate meaningful comparisons of operating performance between periods and among our peers. Although NAREIT has published this definition of FFO, real estate companies often modify this definition as they seek to provide financial measures that meaningfully reflect their distinctive operations.

We modify the NAREIT computation of FFO to include other adjustments to GAAP net income for certain non-cash charges, where applicable, such as gains or losses from extinguishment of debt and deconsolidation of subsidiaries, amortization of intangibles, straight-line rents, impairment charges on real estate and unrealized foreign currency exchange gains and losses. We refer to our modified definition of FFO as “Funds from Operations — as Adjusted,” or AFFO, and we employ it as one measure of our operating performance when we formulate corporate goals and evaluate the effectiveness of our strategies. We exclude these items from GAAP net income, as they are not the primary drivers in our decision-making process. Our assessment of our operations is focused on long-term sustainability and not on such non-cash items, which may cause short-term fluctuations in net income but have no impact on cash flows. As a result, we believe that AFFO and AFFO per share are useful supplemental measures for investors to consider because it will help them to better understand and measure the performance of our business over time without the potentially distorting impact of these short-term fluctuations.

Corporate Property Associates 17 — Global Incorporated
Adjusted Cash Flow from Operating Activities (Unaudited)
(in thousands, except share and per share amounts)

		Years ended December 31,
		2010				2009				2008
Cash flow provided by operating activities — as reported		$	67,975			$	32,240			$	4,443
Adjustments:
Distributions received from equity investments in real estate in excess of equity income, net (a)			1,600				2,265				5
Distributions paid to noncontrolling interests, net (b)			(12,547	)			(11,474	)			(52	)
Changes in working capital (c)			(8,929	)			(2,745	)			(1,056	)
Adjusted cash flow from operating activities		$	48,099			$	20,286			$	3,340
Adjusted cash flow per share		$	0.43			$	0.37			$	0.19
Distributions declared per share		$	0.6400			$	0.6324			$	0.5578
Payout ratio (distributions per share/adjusted cash flow per share)			149	%			171	%			294	%
Weighted average shares outstanding			110,882,448				54,376,664				17,273,533

 

Non-GAAP Financial Disclosure

Adjusted cash flow from operating activities refers to our cash flow from operating activities (as computed in accordance with GAAP) adjusted, where applicable, primarily to: add cash distributions that we receive from our investments in unconsolidated real estate joint ventures in excess of our equity income; subtract cash distributions that we make to our noncontrolling partners in real estate joint ventures that we consolidate; and eliminate changes in working capital. We hold a number of interests in real estate joint ventures, and we believe that adjusting our GAAP cash flow provided by operating activities to reflect these actual cash receipts and cash payments, as well as eliminating the effect of timing differences between the payment of certain liabilities and the receipt of certain receivables in a period other than that in which the item is recognized may give investors additional information about our actual cash flow that is not incorporated in cash flow from operating activities as defined by GAAP.

We believe that adjusted cash flow from operating activities is a useful supplemental measure for assessing the cash flow generated from our core operations as it gives investors important information about our liquidity that is not provided within cash flow from operating activities as defined by GAAP, and we use this measure when evaluating distributions to shareholders. As we are still in our initial offering and investment stage, we also consider our expectations as to the yields that may be generated on existing investments and our acquisition pipeline when evaluating distributions to shareholders.

Corporate Property Associates 17 — Global Incorporated
Portfolio Diversification as of December 31, 2010 (Unaudited)
Top Ten Tenants by Rent (Pro Rata Basis)
(in thousands)

		Annualized Contractual
Tenant/Lease Guarantor		Minimum Base Rent				Percent
General Parts Inc. and Carquest Canada, Ltd. (a)		$	18,668				15	%
Konzum d.d., Zagreb (a)			15,042				12	%
The New York Times Company			13,503				10	%
Eroski Sociedad Cooperativa (a)			10,713				8	%
Distribuidora de Television Digital S.A. (a)			8,747				7	%
LifeTime Fitness, Inc.			5,887				5	%
Angelica Textile Services, Inc.			5,197				4	%
Flint River Services, LLC			4,000				3	%
JPMorgan Chase Bank, National Association			3,863				3	%
US Oncology, Inc.			3,624				3	%
Total		$	89,244				70	%
Weighted Average Lease Term for Portfolio:		17.7 years

 

Corporate Property Associates 17 — Global Incorporated
Portfolio Diversification as of December 31, 2010 (Unaudited)
by Geography and Property Type (Pro Rata Basis)
(in thousands)

		Annualized Contractual
Region		Minimum Base Rent				Percent
U.S.
South		$	22,819				18	%
East			21,997				17	%
Midwest			20,317				16	%
West			12,057				10	%
U.S. Total			77,190				61	%
International
Spain			19,460				15	%
Croatia			15,042				12	%
United Kingdom			5,307				4	%
Germany			4,740				4	%
Hungary			3,333				2	%
Canada			1,354				1	%
Poland			1,125				1	%
International Total			50,361				39	%
Total		$	127,551				100	%

Portfolio Diversification by Geography

		Annualized Contractual
Property Type		Minimum Base Rent				Percent
Warehouse/Distribution		$	47,305				37	%
Office			38,915				31	%
Industrial			23,204				18	%
Retail			14,616				11	%
Other (a)			2,511				2	%
Hospitality			1,000				1	%
Total		$	127,551				100	%

Portfolio Diversification by Property Type

Corporate Property Associates 17 — Global Incorporated
Portfolio Diversification as of December 31, 2010 (Unaudited)
by Tenant Industry (Pro Rata Basis)
(in thousands)

		Annualized Contractual
Industry Type (a)		Minimum Base Rent				Percent
Retail Trade		$	33,839				26	%
Media: Printing and Publishing			22,250				17	%
Beverages, Food, and Tobacco			18,142				14	%
Electronics			6,293				5	%
Healthcare, Education and Childcare			6,119				5	%
Chemicals, Plastics, Rubber, and Glass			5,965				5	%
Leisure, Amusement, Entertainment			5,887				5	%
Consumer Services			5,197				4	%
Business and Commercial Services			4,000				3	%
Machinery			3,883				3	%
Banking			3,821				3	%
Transportation — Cargo			3,202				2	%
Textiles, Leather, and Apparel			2,830				2	%
Transportation — Personal			2,105				2	%
Automobile			1,920				2	%
Other (b)			2,098				2	%
Total		$	127,551				100	%