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NEW YORK, NY – Global Net Lease Inc. completed $497.2 million in acquisitions during 2021, based on the contract purchase price of 25 properties. The publicly-traded REIT also renewed or extended 11 leases with tenants during 2021, totaling more than 1.5 million square feet.

GNL acquired the 25 properties in 2021 for $497.2 million at a going-in cap rate of 7.8% and a weighted-average cap rate of 8.9%.

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.

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