Global Net Lease Successfully Closes Sale of McLaren Campus for £250 Million [Yahoo! Finance]
Global Net Lease, Inc. (GNL)
Last global net lease, inc. earnings: 2/26 06:00 am
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globalnetlease.com
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Source: Yahoo! Finance
the “Company”) announced today the successful closing of the sale of the McLaren Campus – a three-building, 840,000-square-foot property located in Woking, Surrey, England – for £250 million at a 7.4% cash cap rate. The sale generated an approximate £80 million gain compared to GNL's original purchase price, reflecting effective execution on GNL's capital recycling strategy. “We're pleased to complete the sale of the McLaren Campus, which is another important step in the continued execution of our strategic initiatives, including reducing our exposure to the automotive industry,” said Michael Weil, CEO of GNL. “This disposition meaningfully strengthens our balance sheet by lowering leverage, giving us added flexibility to consider a range of strategic options, including share repurchases and acquisitions. This transaction demonstrates the strong progress we're making across the business, and we look forward to carrying this momentum into 2026.” Strategic Highlights of the McLaren
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GNL
News
- Global Net Lease Successfully Closes Sale of McLaren Campus for £250 MillionGlobeNewswire
- With 80% institutional ownership, Global Net Lease, Inc. (NYSE:GNL) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
- Global Net Lease Cum Red Preferred Registered Shs Series A declares $0.4531 dividend [Seeking Alpha]Seeking Alpha
- Global Net Lease, Inc. 6.875% PFD SER B declares $0.4297 dividend [Seeking Alpha]Seeking Alpha
- Global Net Lease, Inc. Announces Preferred Stock DividendsGlobeNewswire
GNL
Earnings
- 11/5/25 - Miss
GNL
Sec Filings
- 12/23/25 - Form 8-K
- 12/18/25 - Form 8-K
- 12/8/25 - Form 8-K
- GNL's page on the SEC website