Global Net Lease Announces Successful Execution of 2024 Disposition Plan

Global Net Lease, Inc., a real estate investment trust (REIT) listed on the New York Stock Exchange under the symbol GNL, reported the closure of transactions related to its 2024 strategic disposition plan through December 31, 2024. In an 8-K SEC filing dated January 8, 2025, the company disclosed that progress on this plan was summarized in a slide presentation prepared by the management team.

The aforementioned slide covers the successful completion of various transactions as part of the disposition plan. The company intends to share this slide on its corporate website and present it at upcoming investor meetings. Included in the filing were Exhibits 99.1 and 99.2, containing a press release and the disposition plan slide, respectively.

It’s noteworthy that the company emphasized that the information shared regarding their strategic disposition plan is considered “furnished” and not “filed” for the Securities Exchange Act of 1934. Therefore, this information is not subject to the liabilities specified under Section 18 of the Exchange Act.

Additionally, Global Net Lease also provided a cautionary note regarding forward-looking statements made in the report. These statements may include words such as “may,” “will,” “anticipates,” and “expects,” indicating potential risks and uncertainties that could lead to varying outcomes due to factors beyond the company’s control.

The filing further highlighted that any potential future acquisitions or dispositions by the company remain subject to market conditions, capital availability, and deal timing considerations. Risks associated with the realization of expected benefits from mergers and internal management functions were also mentioned.

Investors were reminded to review the company’s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the U.S. Securities and Exchange Commission for a comprehensive understanding of the risks involved. Global Net Lease emphasized that forward-looking statements are valid only as of their issuance date and that the company has no obligation to update or revise them based on changing circumstances, except as required by law.

The filing concluded with details of the attached exhibits: Exhibit 99.1 – Press Release dated January 8, 2025, and Exhibit 99.2 – Disposition Plan Slide, along with an interactive data file.

As of December 31, 2024, Global Net Lease had strategically closed transactions totaling $835.4 million, with a mix of retail, industrial, distribution, and office properties. The successful execution of its disposition plan reaffirms the company’s commitment to optimizing its portfolio and leveraging net proceeds to reduce leverage effectively.

Global Net Lease’s proactive approach to portfolio management aligns with its long-term strategic goals, reflecting a prudent and focused investment strategy aimed at maximizing shareholder value.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Global Net Lease’s 8K filing here.

Global Net Lease Company Profile

Global Net Lease, Inc (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE. The firm focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe.