Global Net Lease, Inc. Appoints Lee Elman to the Board of Directors
December 22, 2016 at 04:36 pm
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Global Net Lease, Inc. announced the completion of its previously announced merger with American Realty Capital Global Trust II, Inc. (Global II), enhancing GNL's position as a premier global net lease real estate investment trust with a pro forma enterprise value of approximately $3.1 billion. Pursuant to the terms of the merger agreement, Lee Elman, formerly an independent director for Global II, was appointed to GNL's Board of Directors, effective immediately, bringing to four the number of independent directors on GNL's board.
Global Net Lease, Inc. is a real estate investment trust (REIT). The Company focuses on acquiring and managing a global portfolio of income producing net lease assets across the United Sates and Western and Northern Europe. The Companyâs segments include Industrial & Distribution, Multi-Tenant Retail, Single-Tenant Retail, and office. The Industrial & Distribution, Single-Tenant Retail and Office segments owns, manages, and leases single-tenant properties. The Multi-Tenant Retail segment owns, manages and lease multi-tenant properties. The Company owns approximately 1,300 properties, encompassing over 66 million square feet in 11 countries. Its industry diversity includes healthcare, financial services, auto manufacturing, discount retail, specialty retail, gas/convenience, freight, consumer goods, home improvement, retail banking, and quick service restaurant.
GLOBAL NET LEASE, INC. 
