Global Net Lease (GNL) Construction in Progress (2014 - 2026)

Global Net Lease (GNL) 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) 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
DateValue
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