Global Net Lease (GNL) Announces $321M of Completed Dispositions Through Q2
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Global Net Lease Announces $321 Million of Completed Dispositions Through Second Quarter of 2024
July 9, 2024 6:00 AM EDTIncluding Pipeline, Dispositions Total $695 Million at a 7.2% Cash Cap Rate on 4.4 Years of Weighted Average Lease Term1
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (GNL or the Company) today announced continued progress on its 2024 strategic disposition plan.
We are efficiently executing our strategic disposition plan, resulting in over $321 million of completed dispositions through Q2 2024, including $62 million of vacant assets that will eliminate negative impact on our net operating income, said Michael Weil, CEO of GNL. The progress on GNLs... More
