Global Net Lease

Global Net Lease, Inc. engages in the as a real estate investment services. It is focuses on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the U.S., Western, and Northern Europe. The company was founded on July 13, 2011 and is headquartered in New York, NY.

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Global Net Lease (GNL) excels in 2022, faces financing challenges

Global Net Lease (GNL) delivered a strong financial performance in 2022, driven by high occupancy rates, successful lease renewals, and strategic acquisitions.
While facing challenges from rising interest rates and market uncertainties, GNL's focus on industrial properties and financial stability positions it well for future growth.
To capitalize on opportunities, GNL should continue its strategic approach to property investments, lease management, and financial planning.

Global Net Lease (GNL) reports strong Q1 performance and strategic acquisitions

Global Net Lease (GNL) demonstrated strong operational performance in Q1 2023 with a focus on acquisitions and leasing activities.
Despite facing a net loss, the company's high portfolio occupancy and dividend distribution reflect its commitment to shareholder value.
GNL's strategic approach to acquisitions and renewals positions it well for future growth and value creation.

Global Net Lease (GNL) reports robust Q2 earnings and strategic portfolio moves

Global Net Lease (GNL) delivered a solid performance in Q2 2023, driven by strong leasing activity and high occupancy levels across its portfolio.
With a focus on quality tenants and strategic portfolio optimization, GNL showcased resilience and positioned itself for future growth opportunities.
While facing integration challenges from the proposed merger and operational hurdles, GNL's emphasis on stability and value creation underpins its long-term prospects.

Global Net Lease (GNL) reports mixed Q3 results, eyes growth opportunities

Global Net Lease (GNL) delivered mixed financial results in Q3 2023, with strong revenue but a net loss. Despite challenges in occupancy optimization, the company remains focused on reducing debt, increasing NOI, and pursuing growth opportunities.

Global Net Lease (GNL) focuses on deleveraging and maximizing value

Global Net Lease (GNL) is strategically positioned to execute its 2024 plan, emphasizing leverage reduction and shareholder value maximization.
The company's strong asset management capabilities and focus on quality tenants provide a solid foundation for financial performance.
GNL faces challenges in debt management and market dynamics but has opportunities to drive value through strategic dispositions and debt reduction.

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Global Net Lease, Inc. is involved in real estate investment, acquiring a diversified global portfolio of commercial properties. It operates through the following segments: Industrial and Distribution, Multi-Tenant Retail, Single-Tenant Retail, and Office. The company was founded on July 13, 2011, and is headquartered in New York, NY.

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Global Net Lease Inc. (NYSE:GNL ) Q1 2024 Results Conference Call May 8, 2024 11:00 AM ET Company Participants Jordyn Schoenfeld - CPA Michael Weil - CEO Chris Masterson - CFO Conference Call Participants Bryan Maher - B. Riley Securities Antara Nag-Chaudhuri - KeyBanc Capital Markets Mitch Germain - Citizens JMP Operator Ladies and gentlemen, good morning, and welcome to the Global Net Lease, Inc. First Quarter 2024 Earnings Conference Call.

Global Net Lease Inc. (GNL) Q1 2024 Earnings Call Transcript

Global Net Lease (GNL) came out with quarterly funds from operations (FFO) of $0.33 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.38 per share a year ago.

Global Net Lease (GNL) Matches Q1 FFO Estimates

AFFO Per Share Increased 6% Compared to Fourth Quarter 2023 On Target to Reach High End of Disposition Guidance of $600 Million; Currently 7.2% Cash Cap Rate on Occupied Dispositions Company Reaffirms 2024 Guidance

Global Net Lease Reports First Quarter 2024 Results

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NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that it will release its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024 after the close of trading on the New York Stock Exchange.

Global Net Lease Announces Release Date for First Quarter 2024 Results

A long-term decline in the ten-year treasury yield precipitated long-term declines in capitalization rates across property types. Global Net Lease has failed to deliver despite systemic tailwinds. As the real estate market continues to deteriorate, there are no signs of improvement. GNL's AFFO per share has declined by over 30% over the past two years, resulting in cuts to the dividend.

Global Net Lease: Declining Dividends And AFFO Per Share Impact Common Shares

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) today announced continued progress on its 2024 strategic disposition plan, which it first detailed in its fourth-quarter and full year earnings report in February 2024. As of April 15, 2024, GNL's strategic disposition efforts have resulted in over $462 million of transactions that are either closed or under agreement and expected to close by the end of the third quarter of 2024.

Global Net Lease Announces $462 Million of Dispositions Closed or Under Agreement¹ as Part of Strategic Disposition Plan

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NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that the Company completed a $237 million commercial mortgage-backed security loan (the “Loan”) secured by 20 U.S. industrial properties previously secured under the Company's corporate credit facility. The lead lender for the Loan is Bank of Montreal and co-lenders are Barclays, KeyBank and Société Générale.

Global Net Lease Announces $237 Million CMBS Re-Financing

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NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc.  (“GNL” or the “Company”) (NYSE: GNL / GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared a dividend on its outstanding common stock for the quarter ended June 30, 2024. The dividend is equal to $0.275 per share of common stock payable on April 16, 2024, to common stockholders of record at the close of business on April 11, 2024.

Global Net Lease, Inc. Announces Common Stock Dividend for the Second Quarter 2024

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Two years of persistent rate-driven pressure on commercial and residential real estate markets appeared to be easing in early 2024, but firming inflation has again muddied the outlook. Expectations of "Higher for Longer" have merely shifted to "High for Long." Many private equity funds and some highly-levered REITs were ill-prepared for a period of sustained 4-5%+ benchmark rates. Private markets are finally feeling the pain that beset public REIT investors since 2021. Commercial property values have now declined over 20% nationally, and nearly 40% in some troubled segments.

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Global Net Lease dropped sharply and reset the dividend rates and AFFO expectations. Normally, this would be credit positive and boost our value of the preferred shares. We tell you why we think the high yield preferred shares need to be exited.

Global Net Lease: Even The Preferreds Look Risky

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced the appointment of Robert Kauffman to its Board of Directors, effective immediately.

Global Net Lease Appoints Robert Kauffman, Fortress Co-Founder, to Board of Directors

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About the author:  Amit Nar is a stock market aficionado and would love to hear from you on X @alphaintelligence or at The Market Institution discord.

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Global Net Lease Inc. (GNL) Q4 2023 Earnings Call Transcript

News for Global Net Lease Stock (GNL)