---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-059364"
form_type: "8-K"
ticker: "GNL"
cik: "0001526113"
company_name: "Global Net Lease, Inc."
filed_at: "2025-06-13T23:59:59+00:00"
generated_at: "2026-05-19T08:11:50.105231+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GNL closes second phase of multi-tenant portfolio sale; 28 properties for ~$400M

## Summary
- Second phase sale to RCG Ventures closed June 10, 2025, generating approx. $400M in gross proceeds.
- Phase 2 includes 28 encumbered properties; approx. $256M of secured debt assumed by buyer.
- Net proceeds to be used to reduce outstanding balance on GNL's Revolving Credit Facility.
- First phase closed March 2025 for ~$1.1B; third and final phase (12 properties) expected by end of Q2 2025.
- Sale supports transformation to single-tenant portfolio and leverage reduction.

## SEC filing metadata
- accession: 0001104659-25-059364
- form_type: 8-K
- ticker: GNL
- cik: 0001526113
- company_name: Global Net Lease, Inc.
- filed_at: 2025-06-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1526113/000110465925059364/0001104659-25-059364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1526113/000110465925059364/tm2517637d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-059364
- JSON: https://secwatch.observer/filing/0001104659-25-059364.json
- Plain text: https://secwatch.observer/filing/0001104659-25-059364.txt

## Key facts
- M&A Transactions
  Global Net Lease, Inc. completed a disposition involving RCG Ventures Holdings, LLC for approximately $395 million in gross proceeds upon closing (closed 2025-06-10).
  - Action: disposition
  - Counterparty: RCG Ventures Holdings, LLC
  - Consideration: approximately $395 million in gross proceeds upon closing
  - Closing: 2025-06-10
  source text: dated February 25, 2025, by and between the Sellers and Buyer. This second phase includes 28 encumbered properties (the “ Second Tranche Properties ”) generating approximately $395 million in gross proceeds upon closing. There were no material relationships, other than in respect of the sale of the second phase of the Portfolio, among the Sellers and their
  evidence_url: https://www.sec.gov/Archives/edgar/data/1526113/000110465925059364/0001104659-25-059364-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.