Global Net Lease Appoints Real Estate Veteran to Board of Directors
February 28 2024 - 9:00AM
Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”)
announced the appointment of Michael J. U. Monahan to GNL’s Board
of Directors, effective immediately.
As a CBRE Vice Chair, Mr. Monahan brings a
wealth of sophisticated real estate knowledge and expertise to
GNL’s Board, making him an ideal addition to our Company. As GNL
continues to execute its 2024 business plan, Mr. Monahan’s insight
and perspective will generate significant value for the Company.
This appointment underscores the Board’s commitment to elevated
corporate governance, complementing the current composition of our
Board with Mr. Monahan’s proven real estate experience.
“We are delighted to welcome Michael to our
Board of Directors. I am confident in Michael’s ability to
seamlessly complement our existing Board members and look forward
to the positive impact he will make,” stated Sue Perrotty, GNL’s
Non-Executive Chairperson of the Board of Directors.
“I am thrilled to embark on this journey as a
member of GNL’s Board of Directors, eager to contribute value and
support as GNL executes on its business plan. This presents a
unique opportunity for me to leverage my background effectively,
and I am committed to assisting the Board in any capacity
required,” stated Michael J. U. Monahan.
About Global Net Lease,
Inc.
Global Net Lease, Inc. (NYSE: GNL) is a publicly
traded internally managed real estate investment trust that focuses
on acquiring and managing a global portfolio of income producing
net lease assets across the U.S., and Western and Northern Europe.
Additional information about GNL can be found on its website at
www.globalnetlease.com.
Important Notice
The statements in this press release that are
not historical facts may be forward-looking statements. These
forward-looking statements involve risks and uncertainties that
could cause the outcome to be materially different. The words such
as "may," "will," "seeks," "anticipates," "believes," "expects,"
"estimates," "projects," “potential,” “predicts,” "plans,"
"intends," “would,” “could,” "should" and similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. These
forward-looking statements are subject to a number of risks,
uncertainties and other factors, many of which are outside of GNL's
control, which could cause actual results to differ materially from
the results contemplated by the forward-looking statements. These
risks and uncertainties include the risks associated with the
recently completed merger with The Necessity Retail REIT, Inc. and
the internalization of GNL's property management and advisory
functions; the geopolitical instability due to the ongoing military
conflicts between Russia and Ukraine and Israel and Hamas,
including related sanctions and other penalties imposed by the U.S.
and European Union, and the related impact on GNL, GNL's tenants
and the global economy and financial markets; that any potential
future acquisition by GNL is subject to market conditions and
capital availability and may not be identified or completed on
favorable terms, or at all. Some of the risks and uncertainties,
although not all risks and uncertainties, that could cause our
actual results to differ materially from those presented in our
forward-looking statements are set forth in the Risk Factors and
“Quantitative and Qualitative Disclosures about Market Risk” in our
Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and
our other filings with the U.S. Securities and Exchange Commission
after that date, as such risks, uncertainties and other important
factors may be updated from time to time in our subsequent reports.
Further, forward-looking statements speak only as of the date they
are made, and GNL undertakes no obligation to update or revise any
forward-looking statement to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results over time, unless required by law.
Contacts:Investor RelationsEmail:
investorrelations@globalnetlease.comPhone: (332) 265-2020
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