When did global net lease go public?

When did global net lease go public?

June 1, 2015
NEW YORK, June 1, 2015 /PRNewswire/ — Global Net Lease, Inc.

What does global Net Lease do?

Global Net Lease, Inc. (NYSE: GNL) is a real estate investment trust that focuses on acquiring and managing a globally-diversified portfolio of strategically-located commercial real estate properties which are crucial to the success of GNL’s roster of primarily investment grade corporate tenants.

Is GNL a good buy?

Price to Book Ratio PB vs Industry: GNL is good value based on its PB Ratio (1.1x) compared to the US REITs industry average (1.9x).

Does GNL pay monthly dividends?

The next Global Net Lease Inc dividend is expected to go ex in 1 month and to be paid in 1 month….Dividend Summary.

Summary Previous dividend Next dividend
Ex-div date 09 Jul 2021 (Fri) 06 Oct 2021 (Wed)
Pay date 15 Jul 2021 (Thu) 14 Oct 2021 (Thu)

What does no triple net mean?

What Is a Triple Net Lease? A triple net lease (triple-Net or NNN) is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property including real estate taxes, building insurance, and maintenance.

How often does good pay dividends?

In most cases, stock dividends are paid four times per year, or quarterly. There are exceptions, as each company’s board of directors determines when and if it will pay a dividend, but the vast majority of companies that pay a dividend do so quarterly.

Why would a commercial landlord insist on a triple net lease?

Why are Triple Net (NNN) Leases so Common? Landlords prefer NNN leases because they remove some of the unknown financial risk related to commercial property. If taxes or insurance increase, or if unexpected maintenance costs are incurred, then the tenant is on the hook to bear the burden of the additional expense.

Who pays for structural repairs in a triple net lease?

The triple net lease requires the owner to shoulder the cost of structural repairs. That responsibility makes it essential that the lease defines the projects that will be considered maintenance versus structural repairs. One can make an argument that replacing a roof is a repair or a capital expenditure.