American Realty Capital Global Trust Acquires Wickes Warehouse in United Kingdom for $6.1M

American Realty Capital Global Trust,Inc. ("ARC Global") announced today that on May 3, 2013 it acquired a WickesBuilding Supplies retail warehouse in the U.K.  The property was purchased fora base purchase price of $6.1 million, representing a capitalization rate of8.5% (calculated by dividing annualized rental income on a straight-line basisby base purchase price).  The triple-net lease to which the property issubject had a remaining primary term of 11.4 years at acquisition; it isfurther subject to upward only rent adjustments marked to market every fiveyears.  The acquisition was funded with proceeds from ARC Global's initialpublic offering and a loan from Santander.The retail warehouse is leased to Wickes Building Supplies Limited., a homeimprovement store, which has an implied investment grade credit rating asdetermined by a major credit rating agency.  Wickes Building Supplies Limitedoperates a chain of 224 do-it-yourself stores in the U.K. and is a subsidiaryof Travis Perkins plc (LSE: TPK), the largest supplier of building materialsin the U.K.  Travis Perkins plc has 24,000 employees and a marketcapitalization of £3.53 billion."We are pleased to announce the acquisition of a Wickes Building Suppliesretail warehouse at a cap rate of 8.5%. This asset purchase furtherexemplifies our ability to identify quality properties leased to strong credittenants on a long term basis, generating superior risk-adjusted yields. Withour partner, Moor Park, we have assembled a robust pipeline of European andU.S. opportunities that fit our company's investment strategy," statedNicholas S. Schorsch, Chairman and Chief Executive Officer of ARC Global.ARC Global currently owns two properties purchased for $8.6 million. The twoproperties, which are located in the U.K., are 100% leased and comprise 38,773rentable square feet.About American Realty CapitalFounded in 2006, American Realty Capital ("ARC") is a full-service investmentmanagement firm providing advisory services to retail and institutionalinvestors. ARC is an active sponsor and manager of public and private realestate investments, a business development company and other investmentproducts. Collectively, ARC's senior team of seasoned professionals hasacquired and managed over $8 billion of real estate, as well as $5 billion ofcorporate sale-leasebacks and net leased properties.http://www.americanrealtycap.comAbout Moor Park Capital Partners LLPMoor Park Capital Partners LLP ("Moor Park"), founded in 2006, is a UK limitedliability partnership and is regulated by the FSA. Headquartered in London,Moor Park is a private real estate firm which concentrates on commercialproperty investment in Europe and has approximately £2.7 billion of realestate assets currently under management. Moor Park provides a wide range ofservices to its clients, including, among others, acquisition, development,asset, property and facility management, leasing services, centralizedcorporate support services and financing services. The partners of Moor Parkare Gary Wilder, Shemeel Khan and Jagdeep Kapoor, and together have 60 yearsplus experience structuring and executing in excess of £20 billion of realestate transactions over their careers internationally.