Global Net Lease Inc Stock Price, News & Analysis

Global Net Lease (NYSE: GNL) has announced it will release its first quarter 2025 financial results on Wednesday, May 7, 2025, after the NYSE trading closes. The company will host a conference call and audio webcast the following day, Thursday, May 8, 2025, at 11:00 a.m. ET.

The management team will conduct the call, which will include a discussion of Q1 results and business performance updates, followed by a Q&A session. The webcast will be accessible through GNL's website in the Investor Relations section.

A replay of the call will be available from 2:00 p.m. ET on May 8 through August 8, 2025.

Global Net Lease (NYSE: GNL) has announced that the Government Services Administration (GSA) has revoked its previous termination notice regarding a lease agreement for GNL's Class A office building in Franklin, Tennessee. The existing lease agreement will remain in full force and effect, maintaining the business relationship between both parties.

Global Net Lease (GNL) has declared a quarterly dividend of $0.190 per share for its common stock. The dividend will be paid on April 16, 2025, to stockholders of record as of the close of business on April 11, 2025. The company's board of directors maintains a policy of paying dividends quarterly in arrears during the first month following each fiscal quarter end.

RCG Ventures has announced the first close of a major portfolio acquisition from Global Net Lease (GNL), totaling approximately $1.1 billion and comprising 59 properties. This represents the first phase of a larger $1.8 billion multi-tenant retail portfolio transaction.

The deal is backed by significant institutional investors including Ares Management Alternative Credit funds, Koch Real Estate Investments, and Goldman Sachs Alternatives. The transaction includes a new loan facility with Truist and Key Bank.

The remaining portion of the GNL portfolio, consisting of 41 properties, is expected to close in two stages by the end of Q2 2025, subject to loan assumptions approval and other closing conditions. This transformative acquisition more than doubles RCG's footprint of shopping centers across the U.S., bringing their total deployment to approximately $2.7 billion across over 250 properties in more than 30 states.

Global Net Lease (NYSE: GNL) has successfully completed the first phase of its multi-tenant portfolio sale to RCG Ventures, on March 25, 2025. The initial closing involved 59 unencumbered properties, generating approximately $1.1 billion in gross proceeds.

The company expects to complete the sale of the remaining 41 encumbered properties in two additional phases by the end of Q2 2025. GNL plans to utilize the net proceeds to significantly reduce leverage and pay down its Revolving Credit Facility balance.

Global Net Lease (GNL) has declared quarterly dividends for its four series of preferred stock, all payable on April 15, 2025. The dividend distributions are as follows:

• Series A Preferred Stock: $0.453125 per share (7.25% rate)
• Series B Preferred Stock: $0.4296875 per share (6.875% rate)
• Series D Preferred Stock: $0.46875 per share (7.50% rate)
• Series E Preferred Stock: $0.4609375 per share (7.375% rate)

All dividends will be paid to stockholders of record as of April 4, 2025.

Global Net Lease (NYSE: GNL) has appointed Leon C. Richardson to its Board of Directors, effective March 7, 2025. Richardson, the founder, President and CEO of The Chemico Group, brings over 35 years of entrepreneurial experience in chemical management and distribution. His company is one of the largest minority-owned businesses in its sector in the United States.

Richardson has accumulated more than 15 years of governance experience through various industry board positions. Sue Perrotty, Non-Executive Chairperson of GNL's Board, highlighted Richardson's strategic decision-making capabilities and business leadership as key assets for the company.

Global Net Lease (NYSE: GNL) reported its Q4 and full-year 2024 results, highlighting significant achievements in portfolio optimization and debt reduction. The company completed $835 million in dispositions during 2024 and reduced net debt by $734 million, improving Net Debt to Adjusted EBITDA to 7.6x.

Key Q4 2024 metrics include revenue of $199.1 million, Core FFO of $68.5 million ($0.30 per share), and AFFO of $78.3 million ($0.34 per share). The company's portfolio maintained a strong 97% occupancy rate with 61% of rent derived from investment-grade tenants.

GNL announced a transformative $1.8 billion multi-tenant portfolio sale agreement, which would position it as a pure-play, single-tenant net lease company. Additionally, the company initiated a $300 million share repurchase program and updated its dividend policy, reducing the quarterly dividend to $0.190 per share starting April 2025.

For 2025 guidance, GNL projects AFFO per share of $0.90-$0.96 and Net Debt to Adjusted EBITDA of 6.5x-7.1x, contingent on the multi-tenant portfolio sale completion.