X0202 4 2005-12-23 0 0000912046 CORPORATE PROPERTY ASSOCIATES 12 INC NONE 0001054799 CAREY WILLIAM P C/O W. P. CAREY & CO. LLC 50 ROCKEFELLER PLAZA NEW YORK NY 10020 1 0 0 0 Common Stock 2005-12-23 4 G 0 4032.2581 12.40 D 578258.8019 I by Carey Property Advisors, LP Common Stock 4250.3601 D The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. The Reporting Person's indirectly held shares are as follows: W. P. Carey & Co. Inc. - 831.0000 Carey Property Advisors, LP - 578,258.8019 W. P. Carey & Co. LLC - 1,685,607.5778 W. P. Carey International LLC - 39,982.8922 W. P. Carey Foundation - 34,500.0000 /s/ Wm. Polk Carey 2005-12-27