Earnings ·
Global Net Lease raises 2026 AFFO per share guidance to $0.83-$0.85
GNLGlobal Net Lease, Inc.
Global Net Lease, Inc. raised its full-year 2026 Adjusted Funds From Operations (AFFO) per share guidance to a range of $0.83 to $0.85, up from the previous estimate of $0.82 to $0.85. The revision reflects continued strong execution across its portfolio, including the integration of the $535 million Modiv Industrial acquisition closed in August 2026 and accretive share repurchases. The company also maintained its net debt-to-Adjusted EBITDA guidance at 6.5x to 6.9x and increased its gross transaction volume target for 2026 to $750 million-$800 million from $700 million-$800 million. Global Net Lease operates as a single-tenant net lease real estate investment trust (REIT) with a diversified portfolio of industrial, retail, and office properties.