Pacer Benchmark Retail Price, Forecast, Insider, Ratings, Fundamentals & Signals

Establishes third-largest net lease reit with global presence new york , sept. 12, 2023 /prnewswire/ -- global net lease inc. (nyse: gnl) ("global net lease" or "gnl") and the necessity retail reit inc. (nasdaq: rtl) ("necessity retail reit" or "rtl") announced today that they have completed the previously announced merger between gnl and rtl, including the internalization of both gnl's and rtl's advisory and property management functions.

Preliminary results indicate stockholders approved merger and internalization with gnl transaction expected to close on september 12, 2023 new york , sept. 8, 2023 /prnewswire/ -- the necessity retail reit, inc. (nasdaq: rtl/ rtlpp / rtlpo) ("rtl" or "the company") announced today that it held a previously announced special meeting of stockholders.

Preliminary results indicate stockholders approved proposals involving merger and internalization transaction transaction expected to close on september 12, 2023 new york , sept. 8, 2023 /prnewswire/ -- global net lease, inc. ("gnl" or "the company") (nyse: gnl/ gnl pra / gnl prb) announced today that it held a previously announced special meeting of stockholders.

Both iss and glass lewis recommend gnl shareholders vote against the proposed value-destructive merger of gnl and rtl new york , sept. 5, 2023 /prnewswire/ -- orange capital ventures, lp ("orange capital"), a new york-based investment firm, today announced its continued opposition to the proposed merger of global net lease, inc. (nyse: gnl) ("gnl" or the "company") and the necessity retail reit, inc. (nasdaq: rtl) ("rtl") (the "merger").

New york--(business wire)--blackwells capital llc (together with its affiliates, “blackwells”), an alternative investment management firm that is a shareholder of both global net lease, inc. (nyse: gnl) (“gnl”) and the necessity retail reit, inc. (nasdaq: rtl) (“rtl”), today reiterated its support for the companies' proposed combination. jason aintabi, chief investment officer of blackwells, commented: “blackwells spent the last year engaging with gnl and rtl to secure various enhancements, inc.

ISS Acknowledges Error in Their Original Analysis; Issues Corrected Report on the GNL Merger and Internalization  NEW YORK , Sept. 5, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("Global Net Lease", "GNL" or the "Company") announced today that it will host a conference call and webcast on Tuesday, September 5, 2023, at 2:30pm ET to discuss the benefits and industrial logic of the proposed merger between GNL and The Necessity Retail REIT, Inc. (NASDAQ: RTL) ("Necessity Retail REIT" or "RTL") and the immediate internalization of both GNL's and RTL's current advisory and property management functions as a part of the proposed transaction.

The Necessity Retail (RTL) came out with quarterly funds from operations (FFO) of $0.21 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to FFO of $0.29 per share a year ago.

NEW YORK , July 13, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL" or the "Company") announced today it will release its financial results for the second quarter ended June 30, 2023 on Wednesday, August 2, 2023 after the close of trading on the Nasdaq. The Company will host a conference call and audio webcast on Thursday, August 3, 2023, beginning at 11:00 a.m.

Real estate expert Brad Thomas discusses the potential of a recession and how real estate investment trusts (REITs) can be used as insulation and income generation during such a period. He advises avoiding the hotel sector and limiting exposure to retail, while recommending investment in net lease, industrial, cell towers, and data centers.

I review two REITs. One is a Sell. The other is a Buy. One pays a 16% dividend yield. The other pays a 6.5% dividend yield. The two REITs in question are Global Net Lease and W.P. Carey.

Global Net Lease owns a global portfolio of predominantly industrial and office properties. Necessity Retail owns a portfolio focused on retail assets.

Billionaire investors are quietly loading up on quality stocks. A bull market is often confirmed only after it is well underway, don't miss the best days. Two +6% yields to buy when they are still cheap.

The sector got pounded hard today. The biggest decliners fell over 10%.

NEW YORK , May 23, 2023 /PRNewswire/ -- Global Net Lease, Inc. ("GNL" or the "Company") (NYSE: GNL/ GNL PRA / GNL PRB) announced today that the Company will host a webcast and conference call on May 24, 2023 at 11:00am ET to discuss its merger with The Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL"). The call will be hosted by James Nelson, CEO of GNL, and Michael Weil, CEO of RTL.

In the past decade, many REITs have become complacent and devised aggressive financing strategies that were underpinned by low interest rates. The sudden shift in the interest rates and a probability of a "higher-for-longer" scenario can put a notable share of REITs in a "nuclear winter" territory in my view.