Global Net Lease maintains strong guidance as M&A momentum builds. The company reaffirmed its adjusted funds from operations guidance of $0.80 to $0.84 per share while advancing its all-stock acquisition of Modiv Industrial toward an expected Q3 close. The deal represents a significant strategic move to expand GNL's industrial real estate portfolio. Management highlighted continued capital recycling initiatives and share buyback programs designed to enhance shareholder value. The combination positions the company to capitalize on growing demand for logistics and industrial properties in key markets. Investors should monitor the deal's regulatory approval process and any updates on timing through the remainder of the year.
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