Global Net Lease Sells McLaren Campus in England for £250M, Boosting Property Value Since 2021 Acquisition

Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") announced today that it has entered into an agreement (the "Agreement") to sell the McLaren Campus (comprising the McLaren Technology Centre, Production Centre and Thought Leadership Centre) – a three-building, 840,000-square-foot property located in Woking, Surrey, England – for £250 million at a 7.4% cash cap rate. Since the opportunistic acquisition of the McLaren Campus in April 2021 for £170 million, GNL has negotiated a favorable lease, increasing rents by 14.5%, and significantly enhancing the property's value ahead of the sale.