De-leveraging StrategyGlobal Net Lease provided the investment community an update on its de-leveraging strategy anchored on asset sales, with volumes trending ahead of recently expanded guidance.
Portfolio OccupancyPortfolio occupancy grew, with expansion across all property verticals, while 60% of cash flows are backed by investment grade rated tenants, offering some durability.
Rental Income GrowthRenewal leasing resulted in a 4.3% increase in rental rates across the entire portfolio, with leases averaging 8.5 years in duration.