GNL
NYSE · Real Estate · REIT - Diversified · US
Global Net Lease, Inc. (NYSE:GNL) is a publicly traded real estate investment trust that was founded in 2015 when it went public on the New York Stock Exchange. The company was established to acquire and manage a diversified global portfolio of commercial real estate properties, with a particular focus on sale-leaseback transactions involving single-tenant, mission-critical assets. Since its inception, GNL has grown through strategic acquisitions and mergers, including a significant merger with Necessity Retail REIT in 2023, which expanded its portfolio and allowed the company to internalize its management structure. The company is currently undergoing a strategic transformation to become a pure-play single-tenant net lease REIT, having recently agreed to sell its multi-tenant portfolio for $1.8 billion to focus on higher-quality, single-tenant properties.