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Global Net Lease Successfully Closes Third and Final Phase of Multi-Tenant Portfolio Sale
Global Net LeaseGlobal Net Lease(US:GNL) Globenewswire·2025-06-23 18:00

— Sale of 12 Properties Generates Approximately 313MillioninGrossProceeds—PortfolioSaleCompleted;AcceleratesDeleveragingPlanandTransformsGNLtoSingle−TenantNetLeaseREITNEWYORK,June23,2025(GLOBENEWSWIRE)−−GlobalNetLease,Inc.(NYSE:GNL)(“GNL”orthe“Company”)announcedthatithascompletedthefinalphaseofitsmulti−tenantportfoliosaletoRCGVentures,LLConJune18,2025,including12encumberedproperties.Thisthirdphasegeneratedapproximately313 Million in Gross Proceeds — Portfolio Sale Completed; Accelerates Deleveraging Plan and Transforms GNL to Single-Tenant Net Lease REIT NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced that it has completed the final phase of its multi-tenant portfolio sale to RCG Ventures, LLC on June 18, 2025, including 12 encumbered properties. This third phase generated approximately 313 million in gross ...