Global Net Lease, Inc.

Global Net Lease, Inc. announced the declaration of quarterly dividends on its outstanding preferred stock. This includes a dividend of $0.453125 per share for Series A, $0.4296875 per share for Series B, $0.46875 per share for Series D, and $0.4609375 per share for Series E. All dividends are payable on July 15, 2026, to shareholders of record as of July 2, 2026.

Global Net Lease, Inc. discussed its first quarter 2026 financial and operating results, reporting AFFO of $0.21 per share and revenue of $109.3 million. The company highlighted its planned strategic acquisition of Modiv Industrial, which is expected to be immediately accretive by approximately 4% to AFFO per share and structured as an all-stock, leverage-neutral transaction. This acquisition will enhance the portfolio mix by increasing industrial exposure to 50% and extending the weighted average lease term to 6.7 years. GNL also reaffirmed its full-year 2026 AFFO per share guidance of $0.80 to $0.84 and its Net Debt to Adjusted EBITDA guidance range of 6.5x to 6.9x, despite Q1's ratio being 7.2x.

Global Net Lease reported a significant reduction in its net loss attributable to common stockholders for the first quarter of 2026, reaching $(16.01) million compared to $(200.32) million in the prior year. This improvement was largely driven by income from discontinued operations and a gain on real estate dispositions, alongside lower impairment charges. However, revenue from tenants decreased, and net cash provided by operating activities also saw a decline.

Global Net Lease, Inc. (GNL) and Modiv Industrial, Inc. (Modiv) announced a definitive merger agreement under which GNL will acquire Modiv in an all-stock transaction valued at an enterprise value of approximately $535 million. The deal is expected to be immediately 4% accretive to GNL's AFFO per share and leverage-neutral, requiring no external capital. Modiv stockholders will receive 1.975 newly-issued shares of GNL common stock for each Modiv share, representing a 17% premium and an expected 25% increase in annual dividends. The acquisition aims to enhance GNL's portfolio with high-quality industrial net-lease assets and reduce office exposure.

Global Net Lease, Inc. announced that it issued a press release on April 16, 2026. This disclosure was made pursuant to Item 7.01 of Form 8-K, relating to Regulation FD. The press release is attached as Exhibit 99.1 to the filing, ensuring public dissemination of information.

Global Net Lease, Inc. (GNL) announced it will release its first quarter 2026 financial results on Tuesday, May 5, 2026, after the close of trading. The company will host a conference call and audio webcast on Thursday, May 7, 2026, at 11:00 a.m. ET to discuss these results and provide business performance commentary. Investors can access the webcast via the company's website.