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GNLO GLOBAL NET LEASE FOR IMMEDIATE RELEASE GLOBAL NET LEASE REPORTS THIRD QUARTER 2021 RESULTS Company to Host Investor Conference Call Today at 1 PM Eastern EXHIBIT 99.1 New York , November 4 , 2021 - Global Net Lease , Inc. ( NYSE : GNL ) ( “ GNL ” or the “ Company ” ) , a real estate investment trust that focuses on acquiring and managing a globally diversified portfolio of strategically - located commercial real estate properties , announced today its financial and operating results for the quarter ended September 30 , 2021 . Third Quarter 2021 and Subsequent Events Highlights Revenue increased 15.8 % to $ 95.8 million from $ 82.7 million in third quarter 2020 Net income was $ 2.4 million as compared to net loss of $ 0.5 million in third quarter 2020 Net operating income ( " NOI " ) grew 18.4 % to $ 89.0 million from $ 75.2 million in third quarter 2020 Core Funds from Operations ( " Core FFO " ) grew 27.4 % to $ 44.1 million compared to $ 34.6 million in third quarter 2020 Adjusted Funds from Operations ( " AFFO " ) increased by $ 3.4 million to $ 44.3 million versus $ 40.9 million in the prior year quarter AFFO per share was $ 0.44 Distributed $ 40.3 million , or $ 0.40 per share , in dividends to common shareholders Collected nearly 100 % of third quarter original cash rents , including nearly 100 % from top 20 tenants , as of October 31 , 2021¹ , 2 Portfolio 99.1 % leased with 8.2 years of weighted average remaining lease term³ Lease extensions and expansions completed and under non - binding letter of intent for related leases that will cover 1.5 million square feet and will extend weighted - average remaining lease term to 8.7 years from 4.1 years for 4.0 % of the portfolio if the non - binding letters of intent lead to definitive agreements , which is not assured 4 Industrial and Distribution asset concentration expanded to 52 % Contractual rent increases embedded in 94.0 % of leases Closed on over $ 380 million of properties in 2021 , including our acquisition of Walmart and Pilot Point Steel properties completed in the fourth quarter Acquisitions pipeline of $ 125.0 millions , consisting of completed acquisitions of Walmart and Pilot Point Steel properties and pending acquisitions , at a going - in capitalization rate of 6.5 % and with 14.1 years of weighted - average remaining lease term7 " GNL has continued to grow throughout this year , and each of the last six consecutive years " said James Nelson , CEO . " We have met or exceeded pre - pandemic performance levels across the company , including rent collection , Cash NOI and Adjusted EBITDA figures . More importantly , GNL's reputation as a premiere partner for strategic sale - leaseback transactions among US and European companies has grown during the same time , most recently evidenced by our acquisition of Trafalgar Square in Guernsey . Our reputation helped secure the transaction and our experience helped us secure an early lease extension with one of the major tenants that we believe created an opportunity to unlock millions of dollars of value . We expect to build on our out performance through the end of this year and into 2022. "