Business
Global Net Lease Announces Sale of Multi-Tenant Portfolio for Approximately $1.8 Billion
- Proposed Transaction Accelerates Deleveraging Plan, Net Debt to Adjusted EBITDA Would be Lowered to 6.5x to 7.1x - The Company Announces Opportunistic $300 Million Share Repurchase Program NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. ("GNL" or the "Company") today announced that it has entered into a binding agreement to sell its multi-tenant portfolio of 100 non-core properties to a subsidiary of RCG Ventures Holdings, LLC for approximately $1.8 billion (the "multi-tenan
About this update from Global Net Lease, Inc.
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