Americold

Global Net Lease sells $170M Americold portfolio to reduce debt (NYSE:GNL)

buzbuzzer/E+ via Getty Images Global Net Lease (NYSE:GNL) disposed a portfolio of nine cold storage properties that are currently leased to subsidiaries of Americold Realty Trust (COLD) for $170M, at a 7.88% cash cap rate on 3.3 years of weighted average remaining lease-term. The disposition aligns with the company’s FYContinue Reading

Americold, Acadia Realty upgraded as J.P. Morgan revisits REIT coverage (NYSE:COLD)

In: Finance

Stanislau Kharytanovich/iStock via Getty Images J.P. Morgan on Wednesday bumped up its rating recommendation on Americold Realty Trust (NYSE:COLD) and Acadia Realty Trust (NYSE:AKR) as analyst Michael Mueller revisited his coverage within real estate investment trusts. Americold (COLD) saw its stock slip 1.8% even as Mueller upgraded to Overweight fromContinue Reading

Global Net Lease sells $170M Americold portfolio to reduce debt (NYSE:GNL)

Americold, Acadia Realty upgraded as J.P. Morgan revisits REIT coverage (NYSE:COLD)

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