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Stock impact report

Global Net Lease Reports Third Quarter 2024 Results

Global Net Lease, Inc. (GNL) 
Last global net lease, inc. earnings: 2/26 06:00 am Check Earnings Report
US:NYSE Investor Relations: globalnetlease.com
Company Research Source: GlobeNewswire
-  Closed Plus Disposition Pipeline Totaled $950 Million at a Cash Cap Rate of 7.1%-  Achieved $85 Million in Cost Synergies, Significantly Exceeding Initial Projection of $75 Million-  Reduced Net Debt by $445 Million Year-to-Date; Net Debt to Adjusted EBITDA Improves to 8.0x-  $371 Million Disposition Pipeline Will Further Reduce Outstanding Debt-  Increased Portfolio Occupancy from 94% to 96% Quarter-Over-Quarter-  GNL Reaffirms its Full-Year 2024 Guidance NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”), an internally managed real estate investment trust that focuses on acquiring and managing a globally diversified portfolio of strategically located commercial real estate properties, announced today its financial and operating results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenue was $196.6 million compared to $203.3 million in second quarter 2024, primarily as a result of asset dispositi Show less Read more
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