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ARC Global Trust Sets Sights on NYSE

New York

The public, non-traded American Realty Capital Global Trust has announced plans to list its common stock on the New York Stock Exchange. Pending NYSE approval, it can begin trading during Q2 2015. In the meantime, here’s a quick rundown of everything you need to know about ARC Global and the listing:

Company’s old name: American Realty Capital Global Trust Inc.

Company’s new name: Global Net Lease Inc.

Symbol: GNL

Founded: 2006

CEO: Scott Bowman

New Board Chair: Sue Perrotty

Replacing: William Kahane

Reason for listing: To maximize long-term stockholder value

Operational info as of Dec. 31, 2014:

295 assets

16M SF

100% occupancy

Geographic allocation: 60% US, 40% Europe (23% UK, 11% Germany, 3% Finland and 3% Netherlands)

REIT IPO: June 2014, raised $1.7B

Portfolio highlights: FedEx Ground 698,609 SF, Garden Ridge 565k SF, Lippert Components 539k SF and Crown Crest (UK) 805,530 SF

Portfolio aggregate cost: $2.4B

Notable recent acquisition: 226k SF Quest Diagnostics building in LA for $96M. Quest is one of the largest biomedical companies in the US.

Bowman’s thoughts: “The Company remains strategically positioned to continue its growth, and our US and European management teams look forward to utilizing their expertise to capitalize on further property investments and seek to enhance long-term value for our stockholders.”