Phase two
Global Net Lease (NYSE: GNL) announced the completion of phase 2 of its multi-tenant retail property portfolio sale to RCG Ventures. The second of three phases included 28 encumbered properties sold for $395 million in gross proceeds.
The final phase (12 properties) is expected to close in 2Q.
European notes
Realty Income (NYSE: O) priced two senior unsecured notes in Euros.
-€650 million of 3.375% senior unsecured notes due June 20, 2031
-€650 million of 3.875% senior unsecured notes due June 20, 2035
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