# Global Net Lease, Inc. (GNL-PE) — capital_raise/atm_program [pending]
Source: SEC API (secapi.ai) · situation sit_6b4ec2bf6b1f97a6820d · retrieved 2026-08-12T06:59:34.709Z

## Overview
Global Net Lease, Inc. is a publicly traded real estate investment trust that focuses on acquiring and managing a global portfolio of income-producing net lease assets across the United States and Western and Northern Europe.

Global Net Lease, Inc. announced its acquisition of Modiv Industrial, Inc., expected to close in mid-August 2026 following Modiv shareholder approval scheduled for August 10, 2026. Upon closing, the transaction is expected to be immediately 4% accretive to AFFO per share while remaining leverage-neutral within GNL's stated guidance range of 6.5x–6.9x. The acquisition will expand GNL's industrial asset exposure to 50% of portfolio straight-line rent, supported by a 15.0-year weighted average lease term, 2.4% average annual rent escalations, and a tenant base with 45% of annual base rent from investment-grade tenants.

## Terms
- Counterparty: Modiv Industrial, Inc.

## Key dates
- Announced 2026-08-05 · Vote 2026-08-10 · Expected close 2026-08-15

## Timeline
- 2026-08-05 · 8-K (0001628280-26-053386): 8-K - Global Net Lease, Inc. — *Global Net Lease, Inc. is a publicly traded real estate investment trust that focuses on acquiring and managing a global portfolio of income-producing net lease assets across the United States and Western and Northern Europe.* Global Net Lease, Inc. announced its acquisition of Modiv Industrial, Inc., expected to close in mid-August 2026 following Modiv shareholder approval scheduled for August 10, 2026. Upon closing, the transaction is expected to be immediately 4% accretive to AFFO per share while remaining leverage-neutral within GNL's stated guidance range of 6.5x–6.9x. The acquisition will expand GNL's industrial asset exposure to 50% of portfolio straight-line rent, supported by a 15.0-year weighted average lease term, 2.4% average annual rent escalations, and a tenant base with 45% of annual base rent from investment-grade tenants.
  https://www.sec.gov/Archives/edgar/data/1526113/0001628280-26-053386.txt

## Citations
- 0001628280-26-053386 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000162828026053386