Global Net Lease Q2 AFFO per share falls to $0.22 as it raises 2026 guidance
Global Net Lease reported second-quarter 2026 revenue of $112.5 million, down from $124.9 million a year earlier, and AFFO of $45.7 million, or $0.22 per share, versus $0.24 in the prior-year quarter. The company raised its full-year 2026 AFFO per share guidance to $0.82-$0.85 from $0.80-$0.84, and the net loss narrowed to $7.5 million from $35.1 million, but the results also reflect prior asset sales and the guidance includes the pending Modiv acquisition.
Key points
- Q2 2026 revenue was $112.5 million versus $124.9 million in Q2 2025, which the company attributed mainly to prior asset dispositions
- Net loss attributable to common stockholders was $7.5 million, or $0.04 per share, compared with $35.1 million, or $0.16 per share, a year earlier
- Full-year 2026 AFFO per share guidance was raised to $0.82-$0.85 from $0.80-$0.84, and gross transaction volume guidance rose to $700 million-$800 million from $250 million-$350 million
- Modiv Industrial acquisition is expected to close in mid-August 2026, subject to a Modiv shareholder vote scheduled for August 10, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
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