Earnings ·
Global Net Lease, Inc. reported second quarter 2026 results on August 5, 2026, showing revenue of $112.5 million and…
GNL-PDGlobal Net Lease, Inc.
Global Net Lease, Inc. reported second quarter 2026 results on August 5, 2026, showing revenue of $112.5 million and an AFFO per share of $0.22. The company raised its full-year 2026 AFFO per share guidance to $0.82–$0.85 from $0.80–$0.84 and increased gross transaction volume expectations to $700 million–$800 million. Net debt decreased by $629.8 million since the second quarter of 2025, improving the net debt to adjusted EBITDA ratio to 6.6x. Liquidity stood at $919 million with revolving credit facility capacity of $1.3 billion. The acquisition of Modiv Industrial is expected to close following a shareholder vote on August 10, 2026, and is anticipated to be immediately 4% accretive to AFFO per share upon closing. Global Net Lease, Inc. operates as a real estate investment trust focused on acquiring and managing a global portfolio of income-producing net lease assets.