Global Net Lease Enters into Agreement to Sell McLaren Campus for £250 Million

Core Viewpoint - The sale of the McLaren Campus for £250 million at a 7.4% cash cap rate represents a significant premium for Global Net Lease, Inc. (GNL), reflecting a 210 basis-point compression in the cash cap rate since its acquisition in April 2021 for £170 million [1][2]. Group 1: Transaction Details - GNL has entered into an agreement to sell the McLaren Campus, which includes three buildings totaling 840,000 square feet located in Woking, Surrey, England [1]. - The sale price of £250 million indicates a 14.5% increase in rents due to a favorable lease negotiated by GNL [1]. - A £23.9 million deposit was received from the buyer, which became non-refundable as of December 7, 2025, contingent upon GNL fulfilling its obligations under the agreement [2]. Group 2: Financial Strategy - GNL plans to use a significant portion of the net sale proceeds to reduce outstanding debt, which is expected to strengthen the company's balance sheet and increase liquidity [2]. - The transaction is anticipated to enhance GNL's position, providing flexibility for strategic initiatives such as share repurchases or acquisitions to drive long-term earnings growth [2]. Group 3: Company Overview - Global Net Lease, Inc. is a publicly traded internally managed real estate investment trust focused on acquiring and managing a global portfolio of income-producing net lease assets across the U.S. and Western and Northern Europe [3].