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Global Net Lease, Inc. - $GNL STOCK NEWS

Welcome to our dedicated page for Global Net Lease news (Ticker: $GNL), a resource for investors and traders seeking the latest updates and insights on Global Net Lease stock.

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Global Net Lease, Inc. (NYSE: GNL) reported its first quarter 2024 financial results, with revenue at $206.0 million, net loss at $34.7 million, and AFFO per diluted share increasing by 6% to $0.33. The company reaffirmed its 2024 guidance, focusing on enhancing shareholder value through efficient balance sheet execution and continued progress on disposition initiatives.

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Global Net Lease, Inc. (GNL) has announced the release date for its first-quarter 2024 financial results. The results will be disclosed on May 7, 2024, with a conference call scheduled for May 8, 2024, to discuss business performance.
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Global Net Lease (GNL) announced $462 million of dispositions closed or under agreement as part of its strategic disposition plan. The company achieved a 7.2% cash cap rate on occupied dispositions with a weighted average remaining lease term of 3.8 years. CEO Michael Weil highlighted the value of the investment-grade portfolio and the plan to use proceeds to pay down debt and reduce Net Debt to Adjusted EBITDA.
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Global Net Lease, Inc. (GNL) announced a $237 million commercial mortgage-backed security loan secured by 20 U.S. industrial properties, reducing interest expenses by over $3.5 million annually with a fixed rate of 5.74%. The loan term is 5 years, maturing in April 2029, with lead lender Bank of Montreal and co-lenders Barclays, KeyBank, and Société Générale.
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Global Net Lease, Inc. (GNL) declares a dividend of $0.275 per share for the quarter ended June 30, 2024. The dividend will be paid on April 16, 2024, to common stockholders of record as of April 11, 2024.
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Global Net Lease, Inc. (NYSE: GNL) appoints Robert Kauffman, co-founder of Fortress Investment Group , to its Board of Directors. Kauffman brings extensive capital markets experience and a successful investment background.
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Global Net Lease, Inc. (GNL) announced quarterly dividends on its preferred stock, including $0.453125 per share on Series A, $0.4296875 per share on Series B, $0.46875 per share on Series D, and $0.4609375 per share on Series E, payable on April 15, 2024.
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Global Net Lease, Inc. (GNL) appoints Michael J. U. Monahan, a CBRE Vice Chair, to its Board of Directors. Mr. Monahan's real estate expertise enhances GNL's corporate governance and business strategy for 2024.
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-2.45%
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Global Net Lease, Inc. (GNL) announced its financial and operating results for the quarter and year ended December 31, 2023. The company focused on deleveraging its balance sheet, recognized $68 million in synergies, and completed 70 new leases and renewals. Despite a net loss in the fourth quarter, GNL remains committed to reducing leverage through strategic dispositions.
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Global Net Lease, Inc. (GNL) will release its financial results for the fourth quarter and year ended December 31, 2023 on February 27, 2024. The Company will host a conference call and audio webcast on February 28, 2024, to discuss the results and provide commentary on business performance. Dial-in instructions for the conference call and the replay are outlined in the PR.
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Global Net Lease, Inc.

NYSE:GNL

GNL Rankings

GNL Stock Data

1.66B
228.29M
15.79%
62.94%
3.73%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
NEW YORK

About GNL

global net lease, inc. (nyse: gnl) is a real estate investment trust that focuses on acquiring and managing a globally-diversified portfolio of strategically-located commercial real estate properties which are crucial to the success of gnl’s roster of primarily investment grade corporate tenants. through the execution of this investment strategy, management has built a best-in-class portfolio of premium commercial real estate assets occupied by high-quality tenants and spanning countries including the u.s., the u.k., germany, the netherlands and finland - creating a portfolio which supports investors by helping provide: - inflation protection - stable monthly dividends - volatility protection - strong growth potential in this way, gnl seeks to not only help address the needs of corporations and the consumers they serve, but also – and most importantly to management – gnl seeks to help responsibly provide capital protection, regular cash flow and long-term capital appreciation potential