Global Net Lease Announces $250 Million Of Closed Acquisitions Year To Date
NEW YORK , April 29, 2021 |PRNewswire| -- Global Net Lease, Inc. (NYSE: GNL ) ("GNL" or the "Company") announced today that as of April 28, 2021 the Company has closed on five properties for a contract purchase price of $249.8 million 1 since the beginning of the year, including the previously announced acquisition of the McLaren Group headquarters in Woking, Surrey, England . The acquisitions were completed at a going-in capitalization rate 2 of 9.1% and had a weighted average remaining lease term of 19.4 years at closing. "We are off to a strong start to 2021 and have already acquired nearly a quarter-billion dollars of high-quality, mainly industrial assets year to date," said James … Full story available on Benzinga.com
Global Net Lease Announces $250 Million Of Closed Acquisitions Year To Date
NEW YORK , April 29, 2021 |PRNewswire| -- Global Net Lease, Inc. (NYSE: GNL ) ("GNL" or the "Company") announced today that as of April 28, 2021 the Company has closed on five properties for a contract purchase price of $249.8 million 1 since the beginning of the year, including the previously announced acquisition of the McLaren Group headquarters in Woking, Surrey, England . The acquisitions were completed at a going-in capitalization rate 2 of 9.1% and had a weighted average remaining lease term of 19.4 years at closing. "We are off to a strong start to 2021 and have already acquired nearly a quarter-billion dollars of high-quality, mainly industrial assets year to date," said James … Full story available on Benzinga.com