Global Net Lease sells shopping center and office property for over $122M [Seeking Alpha]
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: Seeking Alpha
cap rate of 7.2% as of Aug. 31, 2024 and marking progress in its 2024 strategic disposition plan. The net lease REIT sold The Plant Shopping Center in San Jose, CA, for $95M and the Foster Wheeler office property in Shinfield Park, Reading, U.K., for over $27M. Global Net Lease ( GNL ) used the proceeds from The Plant Shopping Center sale to pay down its revolving credit facility. The company divided the property into two separate parcels, retaining ownership of a now-single tenant property leased to Home Depot ( HD The sale of the Foster Wheeler property reduces GNL's office exposure by ~100 basis points, decreasing total office exposure to 19% of its total portfolio's straight-line rent, the company said. Recommended For You Recommended For You More Trending News About GNL Stock Related Stocks Trending Analysis Trending News
Show less
Read more
Impact Snapshot
Event Time:
GNL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GNL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GNL alerts
High impacting Global Net Lease, Inc. news events
Weekly update
A roundup of the hottest topics
GNL
News
- Bellevue Capital Partners Acquires Additional 100,000 Shares of Global Net Lease, Inc. (GNL)Business Wire
- Earn Passive Income On These REIT Stocks Selling For Under $10 Per Share [Yahoo! Finance]Yahoo! Finance
- The Global Net Lease, Inc. (NYSE:GNL) Third-Quarter Results Are Out And Analysts Have Published New Forecasts [Yahoo! Finance]Yahoo! Finance
- Global Net Lease Inc (GNL) Q3 2024 Earnings Call Highlights: Strategic Dispositions and Debt ... [Yahoo! Finance]Yahoo! Finance
- Global Net Lease Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
GNL
Earnings
- 11/6/24 - Miss
GNL
Sec Filings
- 11/13/24 - Form 4
- 11/7/24 - Form 8-K
- 11/6/24 - Form 10-Q
- GNL's page on the SEC website