Global Net Lease, Inc. Completes Sale of McLaren Campus

2025-12-23SEC Filing 8-K (0001104659-25-123952)

Global Net Lease, Inc. (GNL) announced the closing of the sale of the McLaren Campus, a 840,000-square-foot property in Woking, England, for ÂŖ250 million. This strategic disposition generated an approximate ÂŖ80 million gain and concludes the Company's disposition program, which has yielded approximately $3.3 billion in non-core asset sales over 23 months. The net sale proceeds will be used to reduce outstanding debt, thereby strengthening GNL's balance sheet, expanding liquidity, and increasing capacity on its Revolving Credit Facility. This move provides GNL with greater flexibility for future strategic options, including share repurchases and acquisitions, aligning with its objective to drive earnings growth while maintaining a disciplined balance sheet. The sale also reduces the Company's exposure to the automotive industry.

Ticker mentioned:GNL