Global Net Lease Reports Q3 2026 Results and Raises Full-Year AFFO Guidance
Global Net Lease (GNL) reported third-quarter 2026 results characterized by strategic portfolio shifts, including the integration of a $535 million acquisition from Modiv Industrial. While revenue decreased to $112.9 million due to asset dispositions, the company successfully increased its industrial exposure to 51% and improved its investment-grade tenant concentration to 63%. Management raised the low end of its full-year AFFO guidance to a range of $0.83–$0.85 per share and increased gross transaction volume expectations to between $750 million and $800 million. Despite macroeconomic pressures on commercial real estate valuations, GNL demonstrated disciplined capital management by reducing total debt by $178 million year-over-year and executing significant share repurchases.
Tickers: $GNL
Topics: AFFO asset dispositions guidance portfolio occupancy revenue