Global Net Lease, Inc. filings document the disclosure record of a Maryland real estate investment trust with NYSE-listed common stock and multiple listed preferred stock series. Its SEC reports include 8-K material-event filings, Regulation FD disclosures, earnings-call materials, investor presentations, dividend announcements, material agreements and capital-structure disclosures.
GNL proxy and governance filings describe annual meeting matters, director elections, board composition, executive compensation and stockholder voting items. The filings also provide formal disclosure about the company’s internally managed REIT structure, net lease property portfolio, reportable real estate segments, risk factors, liquidity, leverage and securities registered under the Exchange Act.
Global Net Lease, Inc. Chief Operating Officer Ori Kravel had 17,049 common shares withheld on October 1, 2026, to pay taxes on the vesting of previously granted restricted stock units under the company’s 2021 Omnibus Plan. The reported transaction price was $8.24 per share. Kravel directly held 230,040 shares after the transaction.
Global Net Lease, Inc. (GNL) declared a fourth-quarter 2026 common stock dividend of $0.190 per share, payable October 16, 2026, to holders of record at the close of business October 12, 2026. The company states that dividends are paid quarterly in arrears during the first month following each fiscal quarter, unless otherwise specified.
Global Net Lease, Inc. (GNL) corrected the reporting-period headings in its unaudited pro forma statements of operations; no amounts changed. The statements accompany GNL’s completed acquisition of Modiv Industrial, Inc. on August 12, 2026. Modiv common stockholders received 1.975 newly issued GNL common shares per Modiv Class C common share, and holders of Modiv Class C units received 1.975 GNL OP units per unit.
The preliminary purchase price was $543.982 million. The pro forma balance sheet reflects a $316.514 million draw on GNL’s revolving credit facility; the purchase-price table lists the same amount as total cash used, including payments for Modiv’s mortgage notes, term loan and preferred stock, plus cash paid in lieu of shares and units. Pro forma revenue for the six months ended June 30, 2026 was $244.695 million, with a $24.046 million net loss attributable to common stockholders. The unaudited figures assume the merger occurred on January 1, 2025. GNL’s purchase-price allocation remains preliminary, and final amounts could differ materially.
Global Net Lease, Inc. (GNL) announced that it has declared regular quarterly cash dividends on all four series of its outstanding preferred stock. The company will pay $0.453125 per share on its 7.25% Series A Cumulative Redeemable Preferred Stock and $0.4296875 per share on its 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock. It will also pay $0.46875 per share on its 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock and $0.4609375 per share on its 7.375% Series E Cumulative Redeemable Perpetual Preferred Stock. All of these preferred dividends are payable on October 15, 2026 to holders of record at the close of business on October 2, 2026.
Global Net Lease, Inc. (GNL) has filed an amendment to its current report to add unaudited pro forma condensed combined financial information reflecting the completed acquisition of Modiv Industrial, Inc. on August 12, 2026. The preliminary purchase price is $543.98 million, including $227.47 million of GNL equity and $316.51 million of cash used to repay Modiv’s mortgage debt, term loan and preferred stock. Modiv shareholders received 1.975 GNL shares for each Modiv Class C share, resulting in 20,387,757 new GNL common shares and 4,914,526 GNL OP units being issued.
On a pro forma basis for 2025, net loss from continuing operations attributable to common stockholders narrows from $29.22 million to $24.05 million, improving loss per share from $(0.14) to $(0.11), while for the six months ended June 30, 2026 the loss widens from $179.49 million to $183.35 million but loss per share improves from $(0.81) to $(0.77) due to the higher share count.
Global Net Lease, Inc. completed its acquisition of Modiv Industrial, Inc. on August 12, 2026 via REIT and operating partnership mergers, after approval by Modiv stockholders. Each Modiv common share converted into 1.975 GNL common shares, and each Modiv preferred share was redeemed for $25.00 in cash plus accrued and unpaid dividends.
GNL expects to issue about 20,387,757 new common shares and pay roughly $42.3 million in preferred stock consideration, funded along with Modiv debt repayment through its revolving credit facility. GNL Operating Partnership will also issue about 4,914,528 OP Units to former Modiv partnership unitholders in a private, unregistered transaction.
The deal adds a roughly $535 million primarily industrial net-lease portfolio at an approximately 7.6% cash cap rate and 8.7% GAAP cap rate, increasing GNL’s industrial exposure to about 50% of straight-line rent. Modiv’s assets contribute a weighted average remaining lease term of 15.0 years and average annual rent escalations of 2.4%, extending GNL’s pro forma weighted average remaining lease term to 6.6 years. GNL states the transaction is expected to be immediately 4% accretive to AFFO per share on a leverage-neutral basis.
Global Net Lease, Inc. reported second quarter 2026 results and raised its 2026 outlook, supported by the expected acquisition of Modiv, which is projected to be approximately 4% accretive to AFFO per share while remaining leverage neutral. For the quarter, revenue was $112.5 million with a net loss attributable to common stockholders of $7.5 million, and AFFO was $45.7 million or $0.22 per share, up from $0.21 in the first quarter of 2026.
The company is actively recycling capital, with a closed and pending disposition pipeline of $263 million through July 31, 2026, including $145 million of closed sales at a 7.6% cash cap rate, about 78% from office assets, and an acquisition of a FedEx-leased industrial property for $14 million at an 8.2% cap rate. At quarter-end, GNL owned 798 properties totaling 40 million rentable square feet, was 97% occupied, and had 63% of tenants investment-grade or implied investment-grade.
Balance sheet metrics improved, with gross debt of $2.5 billion, down $621 million from a year earlier, Net Debt to Adjusted EBITDA of 6.6x versus 7.2x in the prior quarter, liquidity of $919 million, and recurring capital expenditures falling to $3.4 million in the first half of 2026 from $19.6 million a year earlier. Since inception of its repurchase program through July 31, 2026, GNL has bought back 20.9 million shares for $169.7 million at a weighted average price of $8.11. For 2026, it raised AFFO per share guidance from $0.80–$0.84 to $0.82–$0.85 and increased gross transaction volume guidance from $250–$350 million to $700–$800 million, while reaffirming a Net Debt to Adjusted EBITDA target range of 6.5x–6.9x.
Global Net Lease, Inc. reported six‑month 2026 revenue from tenants of $221.8 million, down from $257.3 million a year earlier. Net loss attributable to common stockholders narrowed to $23.5 million from $235.4 million, helped by lower impairment charges and gains on property sales.
At June 30 2026, real estate investments, net, were $3.61 billion across 798 properties totaling 39.7 million square feet, 97% leased with a 5.7‑year weighted‑average lease term. Mortgage debt was $986.9 million, revolver borrowings $472.9 million, senior notes $940.0 million, and cash $153.6 million; stockholders’ equity was $1.51 billion after share repurchases. The company also outlines a pending all‑stock acquisition of Modiv Industrial, under which each Modiv common share would receive 1.975 GNL shares.
Global Net Lease, Inc. prepared an investor presentation that its officers and other representatives intend to use at conferences and meetings, and it is furnished as Exhibit 99.1 under an Item 7.01 Regulation FD disclosure, rather than being treated as filed or incorporated by reference.
The company explains that the materials may contain forward-looking statements subject to numerous risks and uncertainties, including that any potential future acquisition, such as a possible Modiv transaction, may not be identified or completed on favorable terms or at all. It directs readers to the Risk Factors and Quantitative and Qualitative Disclosures About Market Risk sections of its periodic SEC reports and notes it has no obligation to update such statements unless required by law.
Global Net Lease, Inc. reported Q2 2026 results, combining lower revenue with improved profitability metrics and a stronger balance sheet. Revenue from tenants was $112.5 million versus $124.9 million a year earlier, reflecting prior asset sales, while net loss attributable to common stockholders narrowed to $7.5 million, or $0.04 per share, from $35.1 million, or $0.16 per share. NAREIT FFO was $13.9 million, and AFFO was $45.7 million, or $0.22 per diluted share, compared with $0.24 in Q2 2025, supporting a $0.19 quarterly dividend.
The company highlighted deleveraging and liquidity, having reduced net debt by $629.8 million since Q2 2025 to $2.3 billion and improving Net Debt to Adjusted EBITDA to 6.6x from 7.2x in Q1 2026. Liquidity reached $919.0 million, including $153.6 million of cash and $765.4 million of revolver availability, with 92% of debt at fixed rates and a 4.1% weighted-average interest rate. Portfolio occupancy remained high at 97%, office occupancy rose to 99%, and over 357,000 square feet was leased at a 5.6% renewal spread and 8.4-year weighted-average term, while capital expenditures for the first half fell to $3.4 million from $19.6 million a year earlier.
Strategically, GNL continued reducing office exposure, with year-to-date closed plus pipeline dispositions of $263 million, 78% from office assets, and repurchased 20.9 million common shares for $169.7 million since February 2025. Management raised full-year 2026 AFFO per share guidance from $0.80–$0.84 to $0.82–$0.85 and lifted expected gross transaction volume to $700–$800 million. The pending acquisition of Modiv Industrial is expected to close after an August 10, 2026 shareholder vote and, upon closing, to be immediately 4% accretive to AFFO per share, leverage-neutral within a 6.5x–6.9x Net Debt to Adjusted EBITDA range, and increase industrial assets to 50% of portfolio straight-line rent.