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Global Net Lease Announces Fourth Quarter To Date Rent Collection Success And Acquisition Of Four Industrial Properties For $153 Million, $140 Million Pipeline

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NEW YORK, Dec. 3, 2020 /PRNewswire/ — Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that 97% of the original cash rent due for the fourth quarter of 2020 has been received as of December 2, 2020, including 98% of the original cash rent due from the Company's assets in the United Kingdom and 99% of the original cash rent due from the Company's assets in the rest of Europe.

“We continue to see tremendous rent collection in our portfolio despite the ongoing global effects of COVID-19,” said James Nelson, CEO of GNL. “Our portfolio of triple net leased, mission critical industrial and office assets was built to be resilient and remains over 99% occupied as of September 30, 2020 with 8.7 years of remaining lease term and over 65% of rent derived from investment grade or implied investment grade tenants1.”

Acquisition & Pipeline
On November 5, 2020, GNL closed on the acquisition of four industrial properties located in the US for a total of $153 million at a weighted-average going-in capitalization rate2 of 6.48% and a weighted-average capitalization rate3 of 6.98%. The properties have 9.1 years of remaining term, weighted based on square feet, as of the closing date.

As of December 2, 2020 GNL has a forward acquisition pipeline consisting of one European office for $5.1 million and two industrial assets in the United States for $134.8 million for a total of $139.8 million4 at a weighted-average going-in capitalization rate of 6.48% and a weighted-average capitalization rate of 7.45%. The properties have 10.1 years of remaining term, weighted based on square feet.

About Global Net Lease, Inc.
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com.

Important Notice
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to be materially different. The words “anticipates,” “believes,” “expects,” “estimates,” “projects,” “plans,” “intends,” “may,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of the Company's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of the ongoing global COVID-19 pandemic, including actions taken to contain or treat the COVID-19, on the Company, the Company's tenants and the global economy and financial markets and that the information about fourth quarter 2020 rent collections may not be indicative of any future period, as well as those risks and uncertainties set forth in the Risk Factors section of the Company's Annual Report on Form 10-K for the year ended December 31, 2019 filed on February 28, 2020 and all other filings with the SEC after that date, as such risks, uncertainties and other important factors may be updated from time to time in the Company's subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results, unless required to do so by law.

Contacts:

Investors and Media:
Email: [email protected]  
Phone: (212) 415-6510

  1. Comprised of 36% leased to tenants with an actual investment grade rating and 29% leased to tenants with an implied investment grade rating as of September 30, 2020. Implied investment grade may include actual ratings of tenant parent, guarantor parent (regardless of whether or not the parent has guaranteed the tenant's obligation under the lease) or by using a proprietary Moody's analytical tool, which generates an implied rating by measuring a company's probability of default.
  2. Going-in capitalization rate is a rate of return on a real estate investment property based on the expected, cash rental income that the property will generate under its existing lease during the first year of the lease. Going-in capitalization rate is calculated by dividing the cash rental income the property will generate during the first year of the lease (before debt service and depreciation and after fixed costs and variable costs) and the purchase price of the property. The weighted average going-in capitalization rate is based upon square feet of the date of acquisition.
  3. Capitalization rate is a rate of return on a real estate investment property based on the expected, annualized straight-line rental income that the property will generate under its existing lease. Capitalization rate is calculated by dividing the average annualized straight-line rental income the property will generate (before debt service and depreciation and after fixed costs and variable costs) and the purchase price of the property. The weighted average capitalization rate is based upon square feet.
  4. There can be no assurance the Company will complete any of these pending acquisitions on their contemplated terms, or at all.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/global-net-lease-announces-fourth-quarter-to-date-rent-collection-success-and-acquisition-of-four-industrial-properties-for-153-million-140-million-pipeline-301185485.html

SOURCE Global Net Lease, Inc.

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HKGSEO Provides Free Website SEO Analysis and Consulting Services

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HONG KONG SAR – Media OutReach – 5 January 2021 – The COVID-19 epidemic has lasted for nearly a year. The sharp fall in the street traffic has been affecting core shopping districts everywhere. In addition, under the “Anti-epidemic Fund”, the Innovation and Technology Commission (ITC) launched the ” Distance Business (D-Biz) Programme subsidy. Increasing number of large and medium-sized enterprises have turned to the online market, setting up websites and opening online shops, in an effort to open up online sales channels to recover some of their businesses during the epidemic.

 

As many companies are not familiar with website technology, website optimization and SEO promotion are often ignored. In fact, SEO is one of the highest ROI of many online marketing channels and it is worthy of a long-term investment.

 

HKGSEO has performed SEO for more than 500 enterprises, with the SEO process bringing considerable traffic and sales to the companies. Leveraging on their years of experience, they now provide free website analysis (worth HK$2,000) for all content types. Here are some website analysis projects HKGSEO has engaged in:

 

CMS Web Content Management System

 

We recommend using the most popular CMS in the market to build a website. Well-known CMS such as WordPress, Wix, Shopline, and Shopify will make it easier to manage web content and make the website easier to crawl and index by search engines.

 

HKGSEO hence cautions against web design companies that use their own CMS. Generally speaking, these websites are not SEO friendly. For example, they might have undesirable attributes such as duplicate page titles, dynamic URLs, or category pages that cannot update new content, etc. These attributes are disadvantageous to implementing SEO plans, which ultimately leads to the redesigning of the entire website, resulting in a much higher cost.

 

SSL Website Security Certificate

 

If your website does not have an SSL certificate (HTTPS) installed, it will be marked as an insecure website by the browser, which will adversely affect the credibility and conversion rate. SSL should be installed immediately to protect customer information, especially for e-commerce websites. There are some free SSLs available on the market, such as Let’s Encrypt, with paid premium certificates recommendation by online shops.

 

Mobile Version of The Website

 

The latest personal computer and Internet penetration survey published by the Census and Statistics Department shows that more than 5.97 million people in Hong Kong have mobile phones, and 99.7% of the users access the Internet on smartphones, higher than those connected to computers or other devices. Besides, Google has launched the Mobile-First Indexing mobile version of content priority indexing. If your website does not have a mobile version, the ranking will be poor and a lot of traffic will be lost.

 

Website Loading Speed

 

According to research, more than 68% of viewers will leave a website when it takes more than 3 seconds to open. The main reason for the slow loading is the use of shared hosting or non-local hosting. Switching to local hosting, SSD or CDN can effectively improve the loading speed.

 

Website Content

 

Is the website content of high quality? Does it answer the questions of potential consumers? To build up the content, some corporate websites have piled up keywords, and some have published blog articles regularly. However the content of the articles is sometimes plagiarized from news media. Plagiarism makes search engines recognize the overall website quality as low, which will in turn affect the ranking.

 

Websites and online shops are platforms that promote businesses. An optimized website will reward twice the results with half the effort of both online and offline marketing campaigns combined.

 

Please log onto www.hkgseo.com, fill in the website, email and contact number, and our network promotion experts will reply within one working day and arrange a free SEO analysis and consultation.

 

About HKGSEO

HKGSEO focuses on website SEO services. It is founded and operated by former Google employees. The company is based in Hong Kong and has branches in Shenzhen, Singapore and Australia. It is committed to providing affordable, one-stop digital marketing solutions for small and medium-sized enterprises. Digital marketing solutions include: SEO, SEM, social media promotion and web design, etc.

 

Website (Chinese):www.hkgseo.com

Website (English):www.hkgdigital.com

Email:[email protected]

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Jollibee Foods Corporation Recognized with Two Global Employer Excellence Awards

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MANILA, PHILIPPINES – Media OutReach – 8 January 2021 – Jollibee Foods Corporation (JFC) recently received two global citations recognizing the company’s excellence as a world-class employer. These international awards affirm JFC’s commitment to be a best-in-class workplace that values and takes good care of its people.

 

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A First for the Philippines. Jollibee Foods Corporation (JFC) is the only Filipino company to date that has been recognized by the Gallup Exceptional Workplace Awards. JFC was also cited in this year’s Forbes’ List of the World’s Best Employers.  Some brands under JFC include Jollibee, Chowking, Mang Inasal, Greenwich, Red Ribbon, The Coffee Bean & Tea Leaf, Smashburger, and Tim Ho Wan.

Gallup Exceptional Workplace Award

Jollibee Foods Corporation, also known as Jollibee Group, is the first ever Philippine-based company to be recognized with the Gallup Exceptional Workplace Award (GEWA), given to only 38 organizations worldwide whose cultures drive high engagement among its employees. Winners of the Gallup Exceptional Workplace Award put people at the heart of their business strategy, focusing on people’s strengths and coaching talents to reach their full potential, unleashing human motivation, creativity, and innovation as a result.

 

“This award is Gallup’s highest honor, presented only to organizations that meet rigorous standards of excellence. As an award winner, you rank among the most elite organizations around the globe,” said Gallup in its letter to the Jollibee Group.

 

Forbes’ List of the World’s Best Employers

In this year’s Forbes’ list of the World’s Best Employers, the Jollibee Group is one of only three Philippine-based companies that were cited.

 

Forbes partnered with market research firm Statista to survey 160,000 employees from 58 countries who were asked to rate their willingness to recommend their own employers to friends and family. They were also asked to rate their satisfaction with their employers’ Covid-19 responses and score their employers on image, economic footprint, talent development, gender equality and social responsibility.

 

“We are honored to receive these global awards that reflect the kind of organization and strong culture of Jollibee Foods Corporation. We take pride in having professionals in our teams who are not only excellent in what they do, but also live the values that make the Jollibee Group what it is today,” said Jollibee Group President and CEO Ernesto Tanmantiong. “We know that a company is only as strong as the quality of its people, and it is our people who incessantly inspire us to be better.”

 

“To all our teams across the world, thank you for your commitment and trust in the Jollibee Group.  We will continue to uphold the culture and values that have made us who we are and develop programs that will continuously uplift our teams,” Tanmantiong added.

 

The Jollibee Group has a dedicated People Agenda in its business strategy, characterized by a people-focused culture, strong talent pipeline, and highly engaged teams. The organization is defined by its values of customer focus, speed with excellence, humility to listen and learn, integrity, and spirit of family and fun. Despite challenging external factors, employees remained resilient and engaged with the Jollibee Group mission of serving great-tasting food, bringing the joy of eating to everyone.

 

In previous years, the Jollibee Group has also received global citations–named as Philippines’ most admired company by the Asian Wall Street Journal for ten years and honored as one of ‘Asia’s Fab 50 Companies’ by Forbes Asia Magazine.

 

Jollibee Group is one of the fastest-growing Asian restaurant companies in the world with 16 brands including Jollibee, Chowking, Mang Inasal, Greenwich, Red Ribbon, The Coffee Bean & Tea Leaf, Smashburger and has a joint venture with the Tim Ho Wan Group to open Michelin-starred Tim Ho Wan restaurants in Mainland China.

About Jollibee Group

Jollibee Group is one of the fastest-growing Asian restaurant companies in the world. It operates in 34 countries, with over 5,800 stores globally with branches in the Philippines, United States, Canada, the People’s Republic of China (including Hong Kong and Macau), United Kingdom, Italy, Vietnam, Brunei, Singapore, Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, El Salvador, Panama, Malaysia, South Korea, Japan, and India. It has eight wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger), three franchised brands (Burger King and Panda Express in the Philippines, Dunkin’ Donuts in certain territories in China), 80% ownership of The Coffee Bean and Tea Leaf, and 60% ownership in the SuperFoods Group that owns Highlands Coffee and PHO24 brands.

 

Jollibee Group is a significant investor in Titan Dining LP, a private equity fund and the ultimate holding entity of the Tim Ho Wan (THW) Brand and has a joint venture with the THW Group to open THW restaurants in Mainland China. It also has a business venture with award-winning Chef Rick Bayless for Tortazo, a Mexican fast-casual restaurant business in the United States.

 

Jollibee Group was named the Philippines’ most admired company by the Asian Wall Street Journal for ten years. It was also honored as one of Asia’s Fab 50 Companies and among the World’s Best Employers by Forbes. In 2020, Gallup awarded the Jollibee Group with the Exceptional Workplace Award, making it the first Philippine-based company to receive the distinction.

 

Jollibee Group has grown brands that bring delightful dining experiences to its customers worldwide, in line with its mission of serving great tasting food and spreading the joy of eating to everyone.

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SunMirror AG Plans CHF 70 Million Raise to Fuel Growth

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– Fresh capital to develop existing portfolio of mining assets and roll-up new ones
– Renewed focus on tier-one jurisdictions, including its highly accretive Europe business
ZUG, SWITZERLAND – EQS Newswire – 8 January 2021 – The Board of Directors of SunMirror AG (“SunMirror”; XETRA Wien: ROR1; ISIN CH0396131929), the mining and exploration firm specialising in raw materials powering the technological future such as gold, lithium and other metals and minerals, has resolved a capital increase excluding the subscription rights of the existing shareholders.

SunMirror intends to carry out a capital increase in the volume of up to CHF 70,000,000 by issuing of up to 1,000,000 new shares at a price of CHF 70 per share. The new shares will be offered to select, institutional strategic investors for subscription in a private placement. SunMirror is already experiencing brisk demand from institutional investors. The company plans to use the funds from the capital increase to expand its portfolio and business activities in tier-one jurisdictions, such as Australia and highly accretive Europe. The capital increase, lead by Opus Capital Switzerland AG, is expected to be closed in February 2021 when the shares shall also be admitted to the regulated markets of the Dusseldorf Stock Exchange followed by inclusion into trading on the Frankfurt Stock Exchange and on Xetra. An introduction onto the London Stock Exchange is planned for the 2nd Quarter 2021.

Explanatory Part

The creation of new authorized capital in the nominal amount of CHF 837,500 to CHF 1,000,000 was approved at SunMirror’s Annual General Meeting, held in Zug on 29 December 2020. The creation of new conditional capital of CHF 837,500 to CHF 1,000,000 was also approved. In addition, the Company decided to carry-forward the Balance Sheet result for the fiscal year (1 January 2020 to 30 June 2020) in full.

Strong tailwind from high iron ore and gold prices as indicator for sustainable demand

Dr Heinz Rudolf Kubli, Director of SunMirror AG, recently commented: ‘Battery technology is expected to evolve from the current lithium-ion battery (LIB) to next-generation high-capacity LIBs, all solid-state batteries, and lithium metal-based batteries, resulting in improvements in energy density, safety, and battery lifespan, as well as reduction in cost. We currently own or are planning to acquire prized sites in Australia that shall be developed with the potential to help enable this transformation. In addition, we would like to see SunMirror expand its strategic metal and mineral portfolio in Europe to provide traceable metals for an increasingly sustainability driven European batteries market for electric vehicles and others powering next-gen consumer and industrial technology products. Together, these markets continue to grow significantly. The outlook for the future metals and minerals SunMirror is aiming to market remains very attractive; Meanwhile, iron-ore prices are trading at record-highs, and gold is climbing again.’

About SunMirror AG

SunMirror is a natural-resources holding company with a strategic focus around gold and other critical resources – those metals and minerals powering demand for next-generation sustainable technology. The company’s shares (ISIN CH0396131929) are listed on the electronic Stock Exchange Xetra in Vienna (ticker: ROR1) and on the Dusseldorf Stock Exchange. For more information please visit: www.sunmirror.com.

About Opus Group


Opus Capital Switzerland AG and Opus Capital Asset Management AG (‘Opus Group’) specializes in bringing-to-market tomorrow’s next-generation natural resources firms, today, by combining its strong industry expertise together with one of Switzerland’s leading independent financial services firms. For more information please visit: http://www.opus-capital.ch.

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