Global Net Lease (GNL-PD) Construction in Progress (2014 - 2026)
Global Net Lease (GNL-PD) recorded quarterly Construction in Progress of $3.6 million in Q1 2026, up 21.28% quarter-over-quarter from $3.0 million in Q4 2025, and up 79.35% on a YoY basis from $2.0 million in Q1 2025.
Global Net Lease (GNL-PD) Construction in Progress (2014 - 2026) Analysis & Trends
Global Net Lease's Construction in Progress history runs 13 years deep, the most recent figure standing at $3.6 million for Q1 2026.
- In Q1 2026, Construction in Progress rose 79.35% year-over-year to $3.6 million; the TTM figure through Mar 2026 stood at $3.6 million (up 79.35% YoY), while the FY2025 annual figure was $3.0 million, down 11.03% from the prior year.
- Construction in Progress was $3.6 million for Q1 2026 at Global Net Lease, up from $3.0 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $37.3 million in Q2 2023 to a low of $1.6 million in Q2 2025.
- Historically, Construction in Progress has averaged $12.2 million across 5 years, with a median of $5.5 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Construction in Progress surged 1233.17% in 2023, then tumbled 94.49% in 2024.
- A 5-year view of Construction in Progress shows it stood at $26.7 million in 2022, then retreated by 13.01% to $23.2 million in 2023, then slumped by 85.53% to $3.4 million in 2024, then retreated by 11.03% to $3.0 million in 2025, then advanced by 21.28% to $3.6 million in 2026.
- The last three Construction in Progress figures came in at $3.6 million (Q1 2026), $3.0 million (Q4 2025), and $3.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.90 Bn | 29.42 Bn | 1.01 Bn | - |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | - |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | 68.94 Mn |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | - |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | 8.19 Mn |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | 186.58 Mn |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | 4.91 Mn |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | - |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | 16.57 Mn |
| 10 | Global Net Lease | - | - | - | 3.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.63 Mn |
| Dec 31, 2025 | 2.99 Mn |
| Sep 30, 2025 | 3.75 Mn |
| Jun 30, 2025 | 1.58 Mn |
| Mar 31, 2025 | 2.02 Mn |
| Dec 31, 2024 | 3.36 Mn |
| Sep 30, 2024 | 5.50 Mn |
| Jun 30, 2024 | 6.91 Mn |
| Mar 31, 2024 | 1.89 Mn |
| Dec 31, 2023 | 23.24 Mn |
| Sep 30, 2023 | 27.84 Mn |
| Jun 30, 2023 | 37.26 Mn |
| Mar 31, 2023 | 34.22 Mn |
| Dec 31, 2022 | 26.72 Mn |
| Sep 30, 2022 | 16.60 Mn |
| Jun 30, 2022 | 2.80 Mn |
| Mar 31, 2022 | 6.38 Mn |
| Dec 31, 2021 | 6.98 Mn |
| Sep 30, 2021 | 6.08 Mn |
| Jun 30, 2021 | 6.46 Mn |