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

Global Net Lease's (GNL) quarterly Construction in Progress came in at $3.6 million in Q1 2026, up 79.35% year-on-year from $2.0 million in Q1 2025, and up 21.28% quarter-over-quarter from $3.0 million in Q4 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.

  • On a quarterly basis, Construction in Progress rose 79.35% year-over-year to $3.6 million in Q1 2026; TTM through Mar 2026 was $3.6 million, a 79.35% increase from a year earlier, with the FY2025 full-year figure at $3.0 million, down 11.03% from the prior year.
  • Construction in Progress improved to $3.6 million in Q1 2026 per GNL's latest filing, from $3.0 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $37.3 million in Q2 2023 and bottomed at $1.6 million in Q2 2025.
  • The 5-year median for Construction in Progress is $5.5 million (2024), against an average of $12.2 million.
  • Across the five-year window, Construction in Progress jumped 1233.17% in 2023 and tumbled 94.49% in 2024, its largest moves.
  • Year by year, Construction in Progress stood at $26.7 million in 2022, then retreated by 13.01% to $23.2 million in 2023, then plunged 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.
  • Per Business Quant, the three latest GNL Construction in Progress figures stand at $3.6 million (Q1 2026), $3.0 million (Q4 2025), and $3.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn -
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn -
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - 68.94 Mn
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn -
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 8.19 Mn
7 Cim 917.30 Mn 735.54 Mn - 12.02 Mn
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - 186.58 Mn
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 4.91 Mn
10 Global Net Lease 521.56 Mn 396.08 Mn - 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