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GNL - Global Net Lease

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Marvan, Apr 5, 2019.

  1. Marvan

    Marvan Active Member

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    Global Net Lease, Inc. (NYSE: GNL) is a real estate investment trust that focuses on acquiring and managing a globally-diversified portfolio of strategically-located commercial real estate properties which are crucial to the success of GNL’s roster of primarily investment grade corporate tenants.

    Through the execution of this investment strategy, management has built a best-in-class portfolio of premium commercial real estate assets occupied by high-quality tenants and spanning countries including the U.S., the U.K., Germany, the Netherlands and Finland
     
  2. Marvan

    Marvan Active Member

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    Global Net Lease, Inc.("GNL") (NYSE: GNL) announced today that it intends to continue paying dividends on its shares of common stock at an annualized rate of $2.13 per share. Accordingly, with respect to the month of March 2019, GNL declared a dividend of $0.1775 per share payable on April 15, 2019 to common stock holders of record at the close of business on April 12, 2019.

    http://investors.globalnetlease.com/file/Index?KeyFile=397345617
     
  3. Marvan

    Marvan Active Member

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    NEW YORK (AP) _ Global Net Lease Inc. (GNL) on Thursday reported a key measure of profitability in its first quarter.

    The real estate investment trust, based in New York, said it had funds from operations of $36.5 million, or 44 cents per share, in the period.

    Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

    The company said it had net income of $5.8 million, or 7 cents per share.

    The real estate investment trust posted revenue of $75.5 million in the period.

    The company's shares have climbed slightly more than 7% since the beginning of the year. The stock has decreased almost 6% in the last 12 months.

    https://uk.finance.yahoo.com/news/global-net-lease-1q-earnings-103128382.html
     
  4. Marvan

    Marvan Active Member

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  5. Marvan

    Marvan Active Member

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  6. Marvan

    Marvan Active Member

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    Global Net Lease, Inc. (NYSE: GNL) (the "Company"), a real estate investment trust focused on the acquisition of net lease properties, has closed three multi-property financings during the current year for a total of €245.5 million ($279.2 million based on the prevailing exchange rate on June 30, 2019).

    The refinancings encumber 13 of GNL's assets located in Finland ("Finnish Multi-Property Financing"), Germany ("German Multi-Property Financing"), the Netherlands and Luxembourg ("Benelux Multi-Property Financing").

    http://investors.globalnetlease.com/file/Index?KeyFile=398735289
     
  7. Marvan

    Marvan Active Member

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    Second Quarter 2019 Highlights

    • Revenue increased 7.3% to $76.1 million from $71.0 million in second quarter 2018
    • Net income attributable to common stockholders was $12.6 million or $0.15 per share as compared to $5.3 million or $0.08 per share in second quarter 2018
    • Core Funds from Operations ("Core FFO") was $38.4 million or $0.45 per share as compared to $41.3 million or $0.61 per share in second quarter 2018
    • Adjusted Funds from Operations ("AFFO") improved to $40.1 million as compared to $35.5 million in the prior year second quarter
    • AFFO per share was $0.47 as compared to $0.53 in second quarter 2018
    • Acquired nine industrial, distribution and office properties for $187.3 million at a 7.67% weighted average capitalization rate3
    • Sold 64 properties including 62 Family Dollar stores for a total of $83.3 million, resulting in a gain of $6.9 million and reducing retail exposure to only 6% of portfolio based on annualized straight-line rent
    • $371.2 million of closed and pipeline acquisitions in 20196 at a weighted average capitalization rate of 7.91%3 with 13.2 years of remaining lease term4
    • Portfolio 99.6% leased with an 8.0 year weighted average remaining lease term10
    • Net debt to annualized adjusted EBITDA improved to 7.1x from 7.4x in second quarter 20188
    • Weighted-average debt maturity lengthened to 4.6 years from 3.3 years at the close of the 2018 second quarter
    http://investors.globalnetlease.com/file/Index?KeyFile=399085582
     

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