NEW YORK - Global Net Lease , Inc. (NYSE:GNL), an internally managed real estate investment trust, announced today the appointment of Michael J. U. Monahan to its Board of Directors. Monahan, who currently serves as Vice Chair at CBRE, brings extensive experience in the real estate sector to the GNL Board.
Monahan's addition to the Board is part of GNL's ongoing efforts to strengthen its corporate governance and leverage industry expertise to support the execution of its 2024 business plan. Sue Perrotty, GNL’s Non-Executive Chairperson of the Board, expressed confidence in Monahan's ability to integrate with the existing Board members and contribute positively to the company's objectives.
In response to his appointment, Monahan expressed eagerness to contribute to the Board's work and support GNL's business strategies using his background in real estate.
Global Net Lease focuses on acquiring and managing a diversified global portfolio of income-producing net lease assets located in the U.S. and parts of Western and Northern Europe.
The company has emphasized that statements in the press release that are not historical facts may be forward-looking and involve risks and uncertainties that could cause actual outcomes to differ materially from those anticipated.
These forward-looking statements are subject to various risks, including those associated with geopolitical instability, such as the ongoing military conflicts that could impact GNL, its tenants, and the broader global economy and financial markets. The company also notes that future acquisitions are subject to market conditions and may not materialize as planned.
This announcement is based on a press release statement from Global Net Lease, Inc.
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