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Global Net Lease Adds Industrial Holdings During the First Quarter

REIT Reports 98% of Cash Rents Collected in April
Global Net Lease acquired this distribution facility at 420 East Carrie Ave. in St. Louis, Missouri during the first quarter.
Global Net Lease acquired this distribution facility at 420 East Carrie Ave. in St. Louis, Missouri during the first quarter.
By Anne Scobell
CoStar Research
May 8, 2020 | 3:54 P.M.

Global Net Lease CEO James Nelson announced to the company’s shareholders in its first quarter earnings call that the real estate investment trust had collected more than 98% of its rents that were payable in April, including all rent due from the largest 20 tenants in its portfolio.

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