News Image

Global Net Lease Announces $620 Million of Closed Dispositions as Part of Strategic Disposition Plan

Provided By GlobeNewswire

Last update: Dec 12, 2024

Including Pipeline, Dispositions Total $1.1 Billion at a 7.1% Cash Cap Rate on 5.4 Years of Weighted Average Lease Term

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) today announced continued progress on its strategic disposition plan. Through December 9, 2024, GNL has closed $620 million of dispositions, and, together with its pipeline of potential asset sales, dispositions currently total $1.1 billion1.

Read more at globenewswire.com

GLOBAL NET LEASE INC

NYSE:GNL (5/6/2025, 12:22:00 PM)

7.505

+0.04 (+0.6%)



Find more stocks in the Stock Screener

Follow ChartMill for more