tiprankstipranks
Global Net Lease Advances 2024 Disposition Strategy
Company Announcements

Global Net Lease Advances 2024 Disposition Strategy

Story Highlights

Pick the best stocks and maximize your portfolio:

Global Net Lease ( (GNL) ) has issued an announcement.

Global Net Lease, Inc. has announced significant progress in its 2024 strategic disposition plan, closing $620 million in asset sales and reaching a total of $1.1 billion when including its pipeline. The company’s focus on maximizing asset value through dispositions has allowed it to reduce its outstanding debt balance and position itself for sustained growth into 2025.

More about Global Net Lease

Global Net Lease, Inc. is a publicly traded real estate investment trust listed on the NYSE, focusing on acquiring and managing a global portfolio of income-producing net lease assets across the United States, and Western and Northern Europe.

YTD Price Performance: -17.52%

Average Trading Volume: 1,325,900

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $1.64B

For an in-depth examination of GNL stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyGlobal Net Lease announces ‘continued progress’ on strategic disposition plan
TheFlyGlobal Net Lease price target lowered to $8 from $8.50 at Truist
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App