Global Net Lease, Inc.

Global Net Lease, Inc. (GNL) completed its previously announced acquisition of Modiv Industrial, Inc. on August 12, 2026. This $535 million industrial portfolio acquisition is expected to be immediately 4% accretive to AFFO per share and was a leverage-neutral transaction. The deal significantly advances GNL's portfolio transformation, increasing industrial exposure to approximately 50% of total straight-line rent and extending its weighted average remaining lease term to 6.6 years on a pro forma basis. The acquired Modiv portfolio features a 15.0-year weighted average remaining lease term and annual contractual rent escalations averaging 2.4%.

Global Net Lease reported Q2 2026 financial results, including AFFO of $0.22 per share. The company raised its full-year 2026 AFFO per share guidance to $0.82-$0.85 and gross transaction volume guidance to $700 million-$800 million, primarily driven by the anticipated Modiv acquisition closing in mid-August 2026. GNL also continued its capital recycling strategy, with $263 million in closed and pending dispositions and strategic acquisitions, while improving its balance sheet.

Global Net Lease, Inc. reported an agreement to acquire Modiv Industrial, Inc., a strategic move to expand its portfolio. For the second quarter of 2026, the company significantly reduced its net loss attributable to common stockholders to $(7.45) million from $(35.08) million in the prior year, with basic and diluted loss per share improving to $(0.04). However, revenue from tenants for the quarter decreased to $112.48 million. The balance sheet showed a reduction in total assets and stockholders' equity compared to year-end 2025.

Global Net Lease announced the acquisition of Modiv Industrial for an enterprise value of $535 million, an all-stock transaction expected to be immediately 4% accretive to AFFO per share. The company also raised its 2026 AFFO per share guidance to $0.82-$0.85. In Q2 2026, GNL reported AFFO per share of $0.22 and significantly reduced net debt by $630 million since Q2 2025, achieving a 6.6x Net Debt to Adjusted EBITDA ratio. The acquisition will enhance GNL's portfolio quality by increasing industrial exposure and extending its weighted average lease term.

Global Net Lease reported Q2 2026 AFFO per share of $0.22 and significantly improved its net loss to $7.5 million. The company raised its full-year 2026 AFFO per share guidance to $0.82 – $0.85 and increased its gross transaction volume guidance to $700 million – $800 million. The acquisition of Modiv Industrial is expected to close in mid-August 2026 and is projected to be immediately 4% accretive to AFFO per share, further expanding GNL's industrial asset exposure.

Global Net Lease, Inc. announced its Q2 2026 financial and operating results, reporting AFFO per share of $0.22. The company raised its full-year 2026 AFFO per share guidance to $0.82 - $0.85 and increased its Gross Transaction Volume guidance to $700 million - $800 million. These updates reflect confidence, partly driven by the anticipated acquisition of Modiv Industrial, which is expected to close in mid-August and be immediately 4% accretive to AFFO per share. The company also improved its Net Debt to Adjusted EBITDA to 6.6x and increased liquidity to $919 million.

Global Net Lease, Inc. announced the release date for its second quarter 2026 financial results. The results will be published on Wednesday, August 5, 2026, after the close of trading on the New York Stock Exchange. Following the release, the company will host a conference call and audio webcast on Thursday, August 6, 2026, at 11:00 a.m. ET to discuss the results and business performance.

Global Net Lease, Inc. announced it will release its second quarter 2026 financial results on Wednesday, August 5, 2026, after the close of trading. The company will host a conference call and audio webcast on Thursday, August 6, 2026, at 11:00 a.m. ET, to discuss these results and provide business performance commentary. Management will conduct the call, followed by a question-and-answer session. Details for accessing the live call and a replay are available on the company's investor relations website.

Global Net Lease, Inc.'s CEO and President, Edward M. Weil, Jr., entered into a separation agreement with Bellevue Capital Partners LLC, the parent company of the company's former advisor. Under the agreement, Mr. Weil will no longer be associated with Bellevue or its subsidiaries. In connection with this, he will receive 2,169,000 shares of GNL common stock. The shares will be transferred by January 8, 2027, or earlier under certain conditions related to Bellevue's GNL shareholdings.

Global Net Lease, Inc. announced the declaration of a common stock dividend for the third quarter of 2026. The company will pay $0.190 per share. This dividend is scheduled to be paid on July 17, 2026, to shareholders of record as of the close of business on July 13, 2026.