Global Net Lease, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Edward Michael Weil Jr.
- Full Time Employees
- 56
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Address
- 650 Fifth Avenue New York City NY United States of America 10019-6108
- IPO Date
- Jun 2, 2015
- CIK
- 0001526113
- Website
- globalnetlease.com
- Similar Companies
- Business
- Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust that acquires, owns, and manages a globally diversified portfolio of primarily single-tenant net lease commercial properties leased to creditworthy, often investment-grade tenants. The company focuses on high-quality, mission-critical assets in the industrial and distribution, retail, and office sectors; its portfolio comprises approximately 852 properties totaling 43 million rentable square feet across 10 countries, with 97% occupancy, a weighted-average remaining lease term of 6.2 years, and 60% of annualized straight-line rent from investment-grade or implied investment-grade tenants. Geographically, operations span the United States and Canada (70% of rent), the United Kingdom, and Western and Northern Europe (30% of rent), with key segments including industrial and distribution (48% of rent), retail (26%), and office (26%). Founded in 2011 and headquartered at 650 Fifth Avenue, 30th Floor, New York, NY, Global Net Lease generates stable income through long-term net leases featuring contractual rent increases on 87% of the portfolio, including CPI-linked escalations on 23.1%. In recent strategic developments, the company sold its multi-tenant retail portfolio of 100 non-core properties to a subsidiary of RCG Ventures Holdings, LLC for approximately $1.8 billion at an 8.4% cash cap rate, completing phases through mid-2025 as part of a broader $3 billion disposition program launched in 2024 to deleverage and transition to a pure-play single-tenant net lease focus. This reduced net debt by $2 billion since Q3 2024 to $2.9 billion, improved the net debt to Adjusted EBITDA ratio to 7.2x, boosted liquidity to $1.1 billion, and prompted a corporate credit rating upgrade to investment-grade BBB- by Fitch Ratings. Additional changes include a $300 million share repurchase program authorized in February 2025, under which 12.1 million shares were repurchased year-to-date through October 2025 at a weighted average price of $7.59; a $1.8 billion refinancing of its revolving credit facility that lowered the interest rate spread by 35 basis points and extended debt maturity; and leasing activity adding over 1 million square feet with $10.5 million in new straight-line rent, including 26% renewal spreads.
Company News
The Dividend Trap: 3 High-Yield REITs That Look Cheap (But Aren't)
Global Net Lease, Inc. Announces Preferred Stock Dividends
Net Lease REITs: Diversification Or Diworsification?
Ameritas Advisory Services LLC Boosts Stake in Global Net Lease, Inc. $GNL
Global Net Lease: Dividend Coverage Is Dipping
The Ultimate SWAN Investment: Why Retirees Should Own Net Lease REITs
Greenberg Traurig Advises Global Net Lease on $535M Modiv Industrial Acquisition
Greenberg Traurig Advises Global Net Lease on $535M Modiv Industrial Acquisition
Readers Flag 31 Ideal 'Safer' Dividend Buys In July
Global Net Lease (NYSE:GNL) Shares Cross Above 50 Day Moving Average – Should You Sell?
Global Net Lease Completes Acquisition of Modiv Industrial
Modiv Industrial Stockholders Approve Merger with Global Net Lease
Global Net Lease Q2 Earnings Call Highlights
Global Net Lease, Inc. (GNL) Q2 2026 Earnings Call Transcript
Global Net Lease Reports Second Quarter 2026 Results
First Trust Advisors LP Purchases 453,808 Shares of Global Net Lease, Inc. $GNL
Global Net Lease, Inc. Announces Release Date for Second Quarter 2026 Results
20 July Ideal 'Safer' Russell Index Buys You Might Choose To Hold Forever
Global Net Lease, Inc. Announces Common Stock Dividend for the Third Quarter 2026
Global Net Lease Closes $74 Million of Dispositions Since First Quarter 2026, Achieving a 7.2% Cash Cap Rate on Occupied Sales