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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): September 30, 2007
CORPORATE PROPERTY ASSOCIATES 16 - GLOBAL INCORPORATED
(Exact Name of Registrant as Specified in Charter)
MARYLAND
(State or Other Jurisdiction of Incorporation)
001-32162 80-0067704
(Commission File Number) (IRS Employer Identification No.)
50 ROCKEFELLER PLAZA, NEW YORK, NY 10020
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (212) 492-1100
(Former Name or Former Address, if Changed Since Last Report)
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On September 30, 2007, Corporate Property Associates 16 - Global Incorporated
(the "registrant") entered into an Amended and Restated Advisory Agreement (the
"Agreement") with its advisor, Carey Asset Management Corp. (the "Advisor"). The
Agreement has a term of one year and replaces the prior advisory agreement that
was in effect until September 29, 2007. The Agreement provides that the Advisor
will continue to be responsible for managing the registrant on a day-to-day
basis and for identifying and making acquisitions on the registrant's behalf.
The fees payable to the Advisor for services under the Agreement are consistent
with the fees payable under the prior advisory agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Corporate Property Associates 16 - Global Incorporated
Date: October 4, 2007 By: /s/ Mark J. DeCesaris
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Mark J. DeCesaris
Managing Director and
acting Chief Financial Officer