Global Net Lease ( (GNL) ) has shared an announcement.
On March 25, 2025, Global Net Lease, Inc. successfully closed the first phase of its multi-tenant portfolio sale to RCG Ventures, LLC, generating approximately $1.1 billion in gross proceeds. This transaction marks a significant step in GNL’s strategic plan to reduce leverage and enhance its financial flexibility, as the company aims to complete the sale of the remaining properties by the end of the second quarter of 2025.
More about Global Net Lease
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded, internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income-producing net lease assets across the U.S., and Western and Northern Europe.
YTD Price Performance: 13.53%
Average Trading Volume: 1,550,254
Technical Sentiment Signal: Sell
Current Market Cap: $1.84B
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