Global Net Lease Reports Fourth Quarter 2023 Results
NEW YORK, Feb. 27, 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 and year ended December 31, 2023.
- Weighted average debt maturity was 3.2 years as of December 31, 2023 as compared to 3.9 years as of December 31, 2022.
- 1 Based on GNL’s fourth quarter 2023 general & administrative expenses annualized for a full fiscal year.
- 4 Weighted-average remaining lease term in years is based on square feet as of December 31, 2023.
- 8 Projected Adjusted EBITDA annualized based on estimated Adjusted EBITDA for the quarter ended December 31, 2024 multiplied by four.