Global Net Lease, Inc. (NYSE:GNL) Q3 2019 Earnings Conference Call - Final Transcript
Nov 08, 2019 • 11:00 am ET
Typically from a net debt-to-EBITDA perspective we were roughly about 7% and we're looking to remain consistent for now. Ultimately in the long run it's something we would like to bring down but in the short term we will be consistent.
Okay. So consistent with the current level though generally?
With where we've been previously. This current level with the capital coming in at the end pulled it down a little bit.
Okay. And then do you have any update potentially on the timing for closing of the Germany office sales? Is that still a 2019 event or could that slip into 2020?
That's a 2019 event.
Okay perfect. And then more generally speaking there was some office in both the pipeline that you closed this quarter. How much of that is kind of headquarters? Or is any of it more kind of I guess what people on the health care REIT side would call MOB or medical office kind of properties?
I'll pass to Brian. He'll give you a little more detail.
Everything we're looking at in the office space is traditional office either headquarter or administrative so nothing that we're doing is medical office in any sense of the word. So yes pretty consistent in terms of the types of office buildings that we're looking at.
Okay, that's it for me, Thanks.
Thanks a lot, john.
Thank you, ladies and gentlemen. Conclusion question and answer session. I'm going to turn the conference back over to Chris Masterson for any closing remarks.
Okay. Well thanks a lot for everyone for dialing in and hopefully we'll see some of you at NAREIT next week. Thanks. Goodbye.
[Operator Closing Remarks]