The Necessity Retail REIT (Nasdaq: RTL) is a publicly traded real estate investment trust listed on Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Additional information about RTL can be found on its website at www.necessityretailreit.com.
IPO Year:
Exchange: NASDAQ
Website: https://www.necessityretailreit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/10/2022 | Mkt Perform | JMP Securities |
JMP Securities initiated coverage of Necessity Retail REIT with a rating of Mkt Perform
SC 13G - Necessity Retail REIT, Inc. (0001568162) (Subject)
SC 13G/A - Necessity Retail REIT, Inc. (0001568162) (Subject)
15-12G - Necessity Retail REIT, Inc. (0001568162) (Filer)
S-3DPOS - Necessity Retail REIT, Inc. (0001568162) (Filer)
S-8 POS - Necessity Retail REIT, Inc. (0001568162) (Filer)
8-A12B/A - Necessity Retail REIT, Inc. (0001568162) (Filer)
POSASR - Necessity Retail REIT, Inc. (0001568162) (Filer)
POSASR - Necessity Retail REIT, Inc. (0001568162) (Filer)
8-K - Necessity Retail REIT, Inc. (0001568162) (Filer)
25-NSE - Necessity Retail REIT, Inc. (0001568162) (Subject)
425 - Necessity Retail REIT, Inc. (0001568162) (Subject)
425 - Necessity Retail REIT, Inc. (0001568162) (Subject)
Establishes Third-Largest Net Lease REIT With Global Presence NEW YORK, Sept. 12, 2023 /PRNewswire/ -- Global Net Lease Inc. (NYSE:GNL) ("Global Net Lease" or "GNL") and The Necessity Retail REIT Inc. (NASDAQ:RTL) ("Necessity Retail REIT" or "RTL") announced today that they have completed the previously announced merger between GNL and RTL, including the internalization of both GNL's and RTL's advisory and property management functions. Completion of the merger follows approval by the shareholders of both companies. Under the terms of the merger agreement, RTL stockholders rec
Preliminary Results Indicate Stockholders Approved Proposals Involving Merger and Internalization Transaction Transaction Expected to Close on September 12, 2023 NEW YORK, Sept. 8, 2023 /PRNewswire/ -- Global Net Lease, Inc. ("GNL" or "the Company") (NYSE:GNL) announced today that it held a previously announced Special Meeting of Stockholders. Preliminary results indicate that stockholders approved both proposals, including the issuance of GNL shares of common stock pursuant to the Agreement and Plan of Merger with the Necessity Retail REIT, Inc. (NASDAQ:RTL) and the other parties thereto and the previously announced Internalization Agreement. As a result, depending on the results of special
Both ISS and Glass Lewis recommend GNL shareholders vote AGAINST the proposed value-destructive merger of GNL and RTL NEW YORK, Sept. 5, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capital"), a New York-based investment firm, today announced its continued opposition to the proposed merger of Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") and the Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL") (the "Merger"). We believe the merger not only lacks substantial financial or strategic value but also erodes shareholder value in both the near and long term. Today's statement by GNL, asserting that the internalization consideration falls within the range of values observed
Blackwells Capital LLC (together with its affiliates, "Blackwells"), an alternative investment management firm that is a shareholder of both Global Net Lease, Inc. (NYSE:GNL) ("GNL") and The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL"), today reiterated its support for the companies' proposed combination. Jason Aintabi, Chief Investment Officer of Blackwells, commented: "Blackwells spent the last year engaging with GNL and RTL to secure various enhancements, including corporate governance improvements, that stand to benefit both companies' shareholders for years to come. The Special Committees of GNL and RTL, per the disclosure in the proxies, negotiated multiple internalizations wi
ISS Acknowledges Error in Their Original Analysis; Issues Corrected Report on the GNL Merger and Internalization NEW YORK, Sept. 5, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE:GNL) ("Global Net Lease", "GNL" or the "Company") announced today that it will host a conference call and webcast on Tuesday, September 5, 2023, at 2:30pm ET to discuss the benefits and industrial logic of the proposed merger between GNL and The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("Necessity Retail REIT" or "RTL") and the immediate internalization of both GNL's and RTL's current advisory and property management functions as a part of the proposed transaction. The Company will also address ISS's recent GNL
NEW YORK, Aug. 31, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL" or the "Company") announced today that, through its subsidiaries, the Company completed a $260 million commercial mortgage-backed security loan (the "Loan") encumbered by 29 multi-tenant properties the Company owns across the United States. The Loan has a 10-year term and is interest-only at 6.45%. We were able to achieve this rate even though today's rates are higher, by using a SOFR swap lock of 3.54% which we proactively put in place approximately one month before completing this loa
Highlights Efficiencies, Scale and Significant Governance Overhauls Nominated Directors of GNL and RTL Were Re-Elected by Shareholders Following the Merger Announcement with 85% GNL Shareholder Participation and 75% RTL Shareholder Participation in 2023 Annual Meeting Boards Recommend Stockholders to Vote "FOR" proposals at Special Meetings on September 8, 2023 NEW YORK, Aug. 28, 2023 /PRNewswire/ -- Global Net Lease Inc. (NYSE:GNL) ("Global Net Lease" or "GNL") and The Necessity Retail REIT Inc. (NASDAQ:RTL) ("Necessity Retail REIT" or "RTL") today released an investor presentation highlighting the significant benefits of the proposed merger between GNL and RTL, and the ensuing eliminatio
Highlights Lack of Financial or Strategic Value for GNL Stockholders Identifies Key Questions for GNL Stockholders to Ask GNL Board NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capital"), a New York-based investment firm, today released a detailed presentation outlining why it intends to vote AGAINST the proposed merger of Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") and the Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL") (the "Merger"). The Merger is subject to GNL and RTL stockholder approval at the Special Meeting of Stockholders scheduled for September 8, 2023. Specifically, Orange Capital's rationale includes: RTL's Retail Real Estate Ass
Company to Host Investor Webcast and Conference Call Today at 1:00 PM ET NEW YORK, Aug. 3, 2023 /PRNewswire/ -- 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 June 30, 2023. Second Quarter 2023 and Subsequent Events Highlights Announced merger agreement with The Necessity Retail REIT, Inc. (NASDAQ:RTL), which is expected to close i
Company to Host Investor Webcast and Conference Call at 11:00 AM ET Today NEW YORK, Aug. 2, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL" or the "Company"), a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S., announced today its financial and operating results for the second quarter ended June 30, 2023. Second Quarter 2023 and Subsequent Events Highlights Announced merger agreement wi
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)
ISS Acknowledges Error in Their Original Analysis; Issues Corrected Report on the GNL Merger and Internalization NEW YORK, Sept. 5, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE:GNL) ("Global Net Lease", "GNL" or the "Company") announced today that it will host a conference call and webcast on Tuesday, September 5, 2023, at 2:30pm ET to discuss the benefits and industrial logic of the proposed merger between GNL and The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("Necessity Retail REIT" or "RTL") and the immediate internalization of both GNL's and RTL's current advisory and property management functions as a part of the proposed transaction. The Company will also address ISS's recent GNL
NEW YORK, Aug. 31, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL" or the "Company") announced today that, through its subsidiaries, the Company completed a $260 million commercial mortgage-backed security loan (the "Loan") encumbered by 29 multi-tenant properties the Company owns across the United States. The Loan has a 10-year term and is interest-only at 6.45%. We were able to achieve this rate even though today's rates are higher, by using a SOFR swap lock of 3.54% which we proactively put in place approximately one month before completing this loa
Highlights Efficiencies, Scale and Significant Governance Overhauls Nominated Directors of GNL and RTL Were Re-Elected by Shareholders Following the Merger Announcement with 85% GNL Shareholder Participation and 75% RTL Shareholder Participation in 2023 Annual Meeting Boards Recommend Stockholders to Vote "FOR" proposals at Special Meetings on September 8, 2023 NEW YORK, Aug. 28, 2023 /PRNewswire/ -- Global Net Lease Inc. (NYSE:GNL) ("Global Net Lease" or "GNL") and The Necessity Retail REIT Inc. (NASDAQ:RTL) ("Necessity Retail REIT" or "RTL") today released an investor presentation highlighting the significant benefits of the proposed merger between GNL and RTL, and the ensuing eliminatio
Highlights Lack of Financial or Strategic Value for GNL Stockholders Identifies Key Questions for GNL Stockholders to Ask GNL Board NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capital"), a New York-based investment firm, today released a detailed presentation outlining why it intends to vote AGAINST the proposed merger of Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") and the Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL") (the "Merger"). The Merger is subject to GNL and RTL stockholder approval at the Special Meeting of Stockholders scheduled for September 8, 2023. Specifically, Orange Capital's rationale includes: RTL's Retail Real Estate Ass
Company to Host Investor Webcast and Conference Call Today at 1:00 PM ET NEW YORK, Aug. 3, 2023 /PRNewswire/ -- 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 June 30, 2023. Second Quarter 2023 and Subsequent Events Highlights Announced merger agreement with The Necessity Retail REIT, Inc. (NASDAQ:RTL), which is expected to close i
Company to Host Investor Webcast and Conference Call at 11:00 AM ET Today NEW YORK, Aug. 2, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL" or the "Company"), a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S., announced today its financial and operating results for the second quarter ended June 30, 2023. Second Quarter 2023 and Subsequent Events Highlights Announced merger agreement wi
Special Meetings Scheduled for September 8, 2023 Merger Expected to Close in September 2023 NEW YORK, July 19, 2023 /PRNewswire/ -- Global Net Lease, Inc. ("GNL" or "the Company") (NYSE:GNL) and The Necessity Retail REIT, Inc. (NASDAQ:RTL, ", RTL", ))) announced today that the U.S. Securities and Exchange Commission ("SEC") has declared effective the Registration Statement on Form S-4 (the "Registration Statement") of GNL in connection with its previously announced proposed merger with RTL and internalization of management, and the details of a special meeting for stockholders of each company on September 8, 2023.
NEW YORK, July 13, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL" or the "Company") announced today it will release its financial results for the second quarter ended June 30, 2023 on Wednesday, August 2, 2023 after the close of trading on the Nasdaq. The Company will host a conference call and audio webcast on Thursday, August 3, 2023, beginning at 11:00 a.m. ET, to discuss the second quarter results and provide commentary on business performance. The call will be conducted by RTL's management team. A question and answer session with analysts and in
NEW YORK, July 3, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL") announced today that it declared quarterly dividends on its outstanding common stock. Specifically, RTL declared a dividend of $0.2125 per share of Class A common stock payable on July 17, 2023, to common stockholders of record at the close of business on July 13, 2023. About The Necessity Retail REIT Where America ShopsThe Necessity Retail REIT, Inc. (NASDAQ:RTL) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified port
NEW YORK, June 16, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL") announced today that it declared quarterly dividends on its outstanding preferred stock. Specifically, RTL declared a dividend of $0.4609375 per share on its 7.375% Series C Cumulative Redeemable Perpetual Preferred Stock payable on July 17, 2023, to holders of record at the close of business on July 6, 2023. About The Necessity Retail REIT Where America Shops The Necessity Retail REIT, Inc. (NASDAQ:RTL) is a publicly traded real estate investment trust listed on the Nasdaq focused on