Bellevue Capital Partners Acquires Additional 100,000 Shares of Global Net Lease, Inc. (GNL)

NEWPORT, R.I.--(BUSINESS WIRE)-- Bellevue Capital Partners, one of the largest shareholders of Global Net Lease, Inc. (NYSE: GNL), is pleased to announce the acquisition of an additional 100,000 shares of GNL. This strategic investment underscores Bellevue Capital Partners' confidence in the company's management and its ongoing commitment to maximizing shareholder value.

Bellevue Capital Partners is pleased with GNL’s recent communications regarding its strategic disposition plan, which includes the previously announced $854 million in asset sales this year at a cap rate of 7.2%. The sale of assets at such a favorable cap rate demonstrates GNL’s ability to navigate market conditions effectively and is a clear testament to the strength of GNL’s management team.

The lower disposition cap rate, compared to the implied cap rate for GNL, informs our strong belief in the company's vision and strategic direction. As one of GNL’s largest shareholders, Bellevue Capital Partners remains committed to supporting management in its efforts to drive performance and create value.

About Bellevue Capital Partners, LLC

Bellevue is a leading, diversified investment, asset management and operating platform and the sole member of AR Global Investments, LLC.

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cparker@bellevuecap.com

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Source: Bellevue Capital Partners

FAQ

How many additional shares of GNL did Bellevue Capital Partners acquire?

Bellevue Capital Partners acquired an additional 100,000 shares of Global Net Lease, Inc. (GNL).

What is the value of GNL's asset sales announced in the strategic disposition plan?

GNL's strategic disposition plan includes $854 million in asset sales this year.

What is the cap rate for GNL's asset sales mentioned in the press release?

The cap rate for GNL's asset sales mentioned in the press release is 7.2%.

Why does Bellevue Capital Partners view the acquisition as strategic?

Bellevue Capital Partners views the acquisition as strategic because it demonstrates their confidence in GNL's management and commitment to maximizing shareholder value. They also believe in the company's vision and strategic direction based on the favorable cap rate of asset sales.