Global Net Lease Decreases Debt Through $170M Americold Portfolio Sale (NYSE:GNL)
The Strategic Sale of Americold Portfolio by Global Net Lease (NYSE:GNL)
buzbuzzer/E+ via Getty Images Global Net Lease (NYSE:GNL) has recently completed the sale of a portfolio consisting of nine cold storage properties leased to Americold Realty Trust (COLD) for a substantial $170M. The transaction was executed at a commendable 7.88% cash cap rate, with 3.3 …