Corporate Property Associates 17 - Global 8-K Other Events

Exhibit 99.1

Corporate Property Associates 17 — Global Incorporated
Supplemental Information

As of September 30, 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, 2009. 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) 492-8920
Web Site Address: www.CPA17GLOBAL.com

Corporate Property Associates 17 — Global Incorporated
Reconciliation of Net Income 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 September 30,						Nine months ended September 30,
	2010			2009			2010			2009
Net income attributable to CPA®:17 — Global shareholders	$	8,713		$	4,551		$	21,491		$	9,293
Adjustments:
Depreciation and amortization of real property		3,721			1,371			9,309			3,632
Gain on sale of real estate, net		(109	)		—			(109	)		—
Proportionate share of adjustments to equity in net income of partially owned entities to arrive at FFO:
Depreciation and amortization of real property		915			3,496			2,330			4,199
Loss on sale of real estate, net		38			—			38			—
Proportionate share of adjustments for noncontrolling interests to arrive at FFO		137			(180	)		(422	)		(425	)
Total adjustments		4,702			4,687			11,146			7,406
FFO as defined by NAREIT		13,415			9,238			32,637			16,699
Adjustments:
Other depreciation, amortization, and non-cash charges		8			391			98			70
Straight-line and other rent adjustments		(1,271	)		(974	)		(3,895	)		(2,400	)
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		(21	)		—			(21	)		—
Straight-line and other rent adjustments		(117	)		—			(249	)		—
Gain on extinguishment of debt		—			(3,256	)		—			(3,256	)
Proportionate share of adjustments for noncontrolling interests to arrive at AFFO		234			236			730			517
Total adjustments		(1,167	)		(3,603	)		(3,337	)		(5,069	)
AFFO	$	12,248		$	5,635		$	29,300		$	11,630
AFFO per share (a)	$	0.12		$	0.11		$	0.32		$	0.28
Weighted average shares outstanding		117,964,002			58,804,027			102,875,944			48,082,751
(a) Numerator for AFFO per share calculation:
AFFO	$	12,248		$	5,635		$	29,300		$	11,630
Add: Issuance of shares to an affiliate in satisfaction of fees due		1,389			652			3,579			1,731
AFFO numerator in determination of AFFO per share	$	13,637		$	6,287		$	32,879		$	13,361

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.

2

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

	Nine months ended September 30,
	2010			2009
Cash flow provided by operating activities — as reported	$	44,192		$	22,733
Adjustments:
Distributions received from equity investments in real estate in excess of equity income, net(a)		1,650			1,936
Distributions paid to noncontrolling interests, net(b)		(9,402	)		(8,382	)
Changes in working capital(c)		(3,791	)		739
Adjusted cash flow from operating activities	$	32,649		$	17,026
Adjusted cash flow per share	$	0.32		$	0.35
Distributions declared per share	$	0.4800		$	0.4724
Payout ratio (distributions per share/adjusted cash flow per share)		150	%		135	%
Weighted average shares outstanding		102,875,944			48,082,751

(a)	To the extent we receive distributions in excess of equity income that we recognize, we include such amounts in our evaluation of cash flow from core operations.
(b)	Represents noncontrolling interests’ share of distributions made by ventures that we consolidate in our financial statements.
(c)	Timing differences arising from the payment of certain liabilities and the receipt of certain receivables in a period other than that in which the item is recognized in determining net income may distort the actual cash flow that our core operations generate. We adjust our GAAP cash flow provided by operating activities to record such amounts in the period in which the item was actually recognized. We also exclude the impact of escrow funds, as more often than not these funds are released to the lender.

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.

3

Corporate Property Associates 17 — Global Incorporated
Portfolio Diversification as of September 30, 2010 (Unaudited)
Top Ten Tenants by Rent (Pro Rata Basis)
(in thousands)

			Percentage of Total
Tenant/Lease Guarantor	Annualized Rent		Annualized Rent
The New York Times Company	$	13,503		15	%
Eroski Sociedad Cooperativa(a)		11,003		12	%
Agrokor d.d.(a)		9,655		11	%
LifeTime Fitness, Inc.		5,771		7	%
Angelica Textile Services, Inc.		5,197		6	%
JPMorgan Chase Bank, National Association		3,813		4	%
US Oncology Corporate, Inc.		3,624		4	%
Berry Plastics, LLC		3,430		4	%
Tesco Global Aruhazak Zrt.(a)		3,423		4	%
Kronos Products, Inc.		3,100		3	%
Total	$	62,519		70	%

Weighted Average Lease Term for Portfolio: 17.3 years

(a) Rent amounts are subject to fluctuations in foreign currency exchange rates.

4

Corporate Property Associates 17 — Global Incorporated
Portfolio Diversification as of September 30, 2010 (Unaudited)
by Geography and Property Type (Pro Rata Basis)
(in thousands)

Region	Annualized Rent		Percent
U.S.
East	$	20,366		23	%
Midwest		14,964		17	%
South		12,071		13	%
West		7,214		8	%
U.S. Total		54,615		61	%
International
Spain		11,003		13	%
Croatia		9,655		11	%
United Kingdom		4,751		5	%
Germany		4,665		5	%
Hungary		3,423		4	%
Poland		1,137		1	%
International Total		34,634		39	%
Total	$	89,249		100	%

Property Type	Annualized Rent		Percent
Office	$	27,741		31	%
Industrial		23,067		26	%
Warehouse/Distribution		20,211		23	%
Retail		14,719		16	%
Other(a)		2,511		3	%
Hospitality		1,000		1	%
Total	$	89,249		100	%

(a) Includes revenue from tenants with the following property types: education (2.8%) and residential (0.02%).

5

Corporate Property Associates 17 — Global Incorporated
Portfolio Diversification as of September 30, 2010 (Unaudited)
by Tenant Industry (Pro Rata Basis)
(in thousands)

	Annualized
Industry Type (a)	Rent		Percent
Retail Trade	$	15,563		18	%
Media: Printing and Publishing		13,503		15	%
Beverages, Food, and Tobacco		12,754		14	%
Healthcare, Education and Childcare		6,119		7	%
Chemicals, Plastics, Rubber, and Glass		5,965		7	%
Leisure, Amusement, Entertainment		5,771		7	%
Electronics		5,701		6	%
Consumer Services		5,197		6	%
Machinery		3,883		4	%
Banking		3,813		4	%
Textiles, Leather, and Apparel		2,830		3	%
Transportation — Cargo		2,601		3	%
Transportation — Personal		2,151		2	%
Automobile		1,769		2	%
Hotels and Gaming		1,000		1	%
Other(b)		629		1	%
Total	$	89,249		100	%

(a)	Based on the Moody’s Investors Service, Inc. classification system and information provided by the tenant.
(b)	Includes tenants in consumer and durable goods (0.4%) and mining, metals, and primary metal industries (0.3%).

6