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CompletedReal Estate23 May 2023

Global Net Lease, Inc. to acquire The Necessity Retail REIT, Inc.

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
Global Net Lease, Inc.
Target
The Necessity Retail REIT, Inc.
Deal value
Not disclosed
Announced
23 May 2023
Status
Completed
Sector
Real Estate
Country
United States
Consideration
shares

Sources

SEC_EDGAR_8K
What we know

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Deal timeline

1 update
  1. CompletedClosed

    Global Net Lease, Inc. completes acquisition of The Necessity Retail REIT, Inc.

    Introductory Note Completion of REIT Merger and Internalization This Current Report on Form 8-K is being filed in connection with the consummation on September 12, 2023 (the “Closing Date”) of the transactions contemplated by (1) that certain Agreement and Plan of Merger, dated May 23, 2023 (the “REIT Merger Agreement”), by and among The Necessity Retail REIT, Inc., a Maryland corporation (“RTL” o

    Source

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Buyer history

Global Net Lease, Inc.

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Methodology

How this page is built

Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.

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