Global Net Lease Reports First Quarter 2024 Results
NEW YORK, May 07, 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 March 31, 2024.
- As of March 31, 2024, the Company’s portfolio of 1,277 net lease properties is located in eleven countries and territories, and is comprised of 66.9 million rentable square feet.
- The Company had net debt of $5.2 billion8, including $2.6 billion of mortgage debt.
- Weighted-average debt maturity was 3.3 years as of March 31, 2024 as compared to 3.7 years as of March 31, 2023.
- 6 Weighted-average remaining lease term in years is based on square feet as of March 31, 2024.