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Exhibit 21.1

CORPORATE PROPERTY ASSOCIATES 18 — GLOBAL INCORPORATED

LIST OF REGISTRANT SUBSIDIARIES

Name of Subsidiary
  Ownership   State or Country of
Incorporation

CPA® 18 International Holding and Financing LLC

    100 % Delaware

CPA® 18 Pan-European Holding Coöperatief U.A.

    100 % Netherlands

CPA®:18 Limited Partnership

    100 % Delaware

CPA®:18 Paying Agent LLC

    100 % Delaware

CRWN (IN-SC) LLC

    100 % Delaware

S Immorent Epsilon d.o.o.

    80 % Croatia

S Immorent ETA d.o.o.

    80 % Croatia

SFT INS (TX) LLC

    50 % Delaware

WPC Agro 5 d.o.o.

    80 % Croatia

WPC KONZ 18-2 B.V.

    100 % Netherlands



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CORPORATE PROPERTY ASSOCIATES 18 — GLOBAL INCORPORATED LIST OF REGISTRANT SUBSIDIARIES