Global Net Lease lifts credit facility to $132 million, €51.8 million

By Wendy Van Sickle

Columbus, Ohio, July 17 – Global Net Lease, Inc. upsized its unsecured credit facility to $132 million for the multi-currency revolving credit facility portion and to €51.8 million for the senior unsecured term loan facility portion, according to a press release.

The company also announced Tuesday that it closed on its previously announced acquisitions of a total of seven properties in the second quarter, which represents 1.6 million square feet for $97.6 million.

Global Net Lease is a publicly traded real estate investment trust based in New York.

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