Merger And ManagementGNL's merger with RTL resulted in the elimination of external management, which simplifies the business and lowers expenses.
Rental Income And OccupancyRenewal leasing resulted in a 4.2% increase in rental rates across the entire portfolio, with leases averaging 5.2 years in duration.
ValuationGNL trades at a 54.5% discount on 2025 AFFO, making its valuation attractive given the significant discount to peers.