Recent Updates — GNL-PD
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.
Effective July 2, 2026, CEO and President Edward M. Weil, Jr. entered into a separation agreement with Bellevue Capital Partners LLC to sever his association with the firm. As part of the redemption of his membership interests in Bellevue, Mr. Weil will receive 2,169,000 shares of GNL common stock on or before January 8, 2027. Global Net Lease, Inc. is a real estate investment trust that manages and owns commercial property assets.