NEW
YORK, May 12, 2022 /PRNewswire/ -- The Necessity
Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced
today that Michael Weil, its CEO,
was featured in a GlobeSt article focused on the current state
of the retail real estate market and how RTL's portfolio is poised
to capitalize on the omnichannel approach retailers have
embraced.
"You can't ignore the long-term value of omnichannel, and bricks
and mortar [retail] continues to become an important aspect of that
strategy," Weil said. "A retail renaissance, that's what we've been
talking about. I think we're living in it right now."
A link to the GlobeSt article, What's Behind Retail's
Bricks-and-Mortar Renaissance is provided below:
https://www.globest.com/2022/05/10/whats-behind-retails-bricks-and-mortar-renaissance/
About The Necessity Retail REIT
Where America Shops
The Necessity Retail REIT (Nasdaq: RTL) is the preeminent
publicly traded real estate investment trust (REIT) focused "Where
America Shops". RTL acquires and manages a diversified portfolio of
primarily necessity-based retail single tenant and open-air
shopping center properties in the U.S. Additional information about
RTL can be found on its website
at www.necessityretailreit.com.
Important Notice
The statements in this press release that are not historical
facts may be forward-looking statements. These forward-looking
statements involve risks and uncertainties that could cause actual
results or events to be materially different. The words
"anticipates," "believes," "expects," "estimates," "projects,"
"plans," "intends," "may," "will," "seek," "would" and similar
expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain these
identifying words. These forward-looking statements are subject to
risks, uncertainties and other factors, many of which are outside
of the Company's control, which could cause actual results to
differ materially from the results contemplated by the
forward-looking statements. These risks and uncertainties include
the potential adverse effects of the ongoing global COVID-19
pandemic, including actions taken to contain or treat COVID-19, on
the Company, the Company's tenants, any assets under contract to be
acquired including their respective tenants and uncertainty and
volatility in the global economy and financial markets from, among
other things, COVID-19 and the ongoing war in Ukraine, all of which may adversely affect
market conditions and capital availability as well as those risks
and uncertainties set forth in the Risk Factors section of the
Company's Annual Report on Form 10-K for the year ended
December 31, 2021 filed on
February 24, 2022 and all other
filings with the SEC after that date as such risks, uncertainties
and other important factors may be updated from time to time in the
Company's subsequent reports Forward looking statements speak only
as of the date they are made, and the Company undertakes no
obligation to update or revise any forward-looking statement to
reflect changed assumptions, the occurrence of unanticipated events
or changes to future operating results, unless required to do so by
law.
Contacts:
Investor
Relations
ir@rtlreit.com
(866) 902-0063
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SOURCE The Necessity Retail REIT, Inc.