Newly Listed REIT Global Net Lease Sees Untapped Opportunities in Europe

Global Net Lease, Inc. (NYSE: GNL), which began trading on the New York Stock Exchange June 2, plans to increase its exposure to European net lease assets by taking advantage of the current supply-and-demand imbalance in the region.

Formerly known as AR Capital Global Trust, Inc., Global Net Lease is a REIT focused on sale-leaseback properties in the United States and Europe. Its portfolio of more than 300 assets is located across five countries and includes 79 tenants and 35 industries.


Investor Hasn’t Seen Wave of Deals Anticipated in Europe

Sonny Kalsi, founder and partner of real estate investing and advisory firm GreenOak, joined for a video interview before participating in a panel discussion at the 2014 Real Estate Luminaries Series event on April 23 at Georgetown University.

GreenOak, formed in 2010, has an investment portfolio that spans the United States, Japan, and the United Kingdom.

Kalsi was asked whether the size of  GreenOaks’s European portfolio reflects a lack of attractive opportunities in that region.