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Global Net Lease, Inc. (GNL) completed the sale of 12 properties on June 18, 2025, generating approximately $313 million in gross proceeds. This transaction is part of a broader portfolio sale that has yielded a total of $1.8 billion. The proceeds will be used to reduce leverage and pay down the Revolving Credit Facility.
Transitioning to a single-tenant net lease REIT is expected to simplify GNL’s operations and generate around $6.5 million in annual savings. CEO Michael Weil stated that this change strengthens the company’s balance sheet and positions it toward achieving an investment-grade credit rating, which may lower capital costs and foster growth for shareholders.
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