- 7.88% Cash Cap Rate on 3.3 Years of Weighted Average Remaining Lease Term- Part of the Previously Announced $567 Million of Closed and Disposition Pipeline at a Cash Cap Rate of 7.2% NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) today announced the successful disposition of a portfolio of nine cold storage properties that are currently leased to subsidiaries of Americold Realty Trust, Inc. (NYSE: COLD) for $170 million, at a 7.88% cash
Lamar Advertising, Americold Realty Trust and Farmland Partners are part of the Zacks Industry Outlook article.
Even with broad-based economic uncertainty, the Zacks REIT and Equity Trust - Other industry players such as LAMR, COLD and FPI are likely to benefit from healthy fundamentals and improving demand.