---
title: "GNL reaffirms $0.80-$0.84 AFFO per share guidance while targeting Q3 close for Modiv deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285655865.md"
description: "Global Net Lease (GNL) reaffirmed its AFFO per share guidance of $0.80 to $0.84 while targeting a Q3 close for its acquisition of Modiv Industrial. The all-stock deal is expected to be immediately accretive, with a 4% increase in AFFO per share. GNL reported Q1 2026 revenue of $109.3 million and a net loss of $16 million. The company has repurchased 19.7 million shares and reduced G&A expenses by 25% year-over-year. Analysts expressed a positive sentiment regarding the Modiv deal and future growth prospects."
datetime: "2026-05-08T03:05:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285655865.md)
  - [en](https://longbridge.com/en/news/285655865.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285655865.md)
---

# GNL reaffirms $0.80-$0.84 AFFO per share guidance while targeting Q3 close for Modiv deal

Earnings Call Insights: Global Net Lease (GNL) Q1 2026 Management View "Before we review our first quarter 2026 results, I'd like to discuss our planned strategic acquisition of Modiv Industrial, which we announced earlier this week." (President, CEO & Director Edward Weil) "The transaction is expected to be immediately accretive with approximately...

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