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Global Net Lease (GNL) Q1 2026 Earnings Transcript
Yahoo Finance· 2026-05-08 00:56
On a pro forma basis, the acquisition is expected to extend our weighted average lease term from 5.9 to 6.7 years, increase our industrial exposure from 47% to 50%, and reduce our office concentration from 26% to 24%, which will collectively strengthen our portfolio mix and expand our geographic reach across key U.S. industrial markets and enhance the overall stability of our combined platform. We are very excited about this transaction, which we expect to close in the third quarter of this year. In additio ...