Paasa Logo
Net Lease Office Properties logo
NLOPNYSEMarket closedOpens 9:30am ET

Net Lease Office Properties

$10.00Last updated
+$0.07 (0.70%)Past day
Timezone

Net Lease Office Properties (NYSE: NLOP) is trading at $10.00, about ₹959 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, up 0.70% today. Indian residents can buy Net Lease Office Properties from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$9.87
Previous close:$9.93
Volume:248.78K

Today's low

$9.87

Today's high

$10.04

52 week low

$9.82

52 week high

$30.26

NLOP opened at $9.87, closed previously at $9.93, and has traded between $9.82 and $30.26 over the past 52 weeks.

About

Net Lease Office Properties (NLOP) is a publicly traded real estate investment trust that holds a portfolio of 59 premium office assets. These properties encompass approximately 8.7 million square feet of leasable space, primarily leased to corporate occupants under single-tenant net lease agreements. While the majority of these office buildings are situated in the United States, a portion is located in Europe. The portfolio boasts 62 corporate tenants from a variety of industries, collectively contributing around $145 million in annualized base rent. NLOP's strategic objective is to enhance shareholder value through proactive asset management and the eventual divestment of its real estate holdings. Given its profound familiarity with the portfolio, NLOP leverages external management and advisory services from wholly-owned subsidiaries of WPC, ensuring effective execution of its business strategy. WPC brings over five decades of expertise in the single-tenant office real estate sector, demonstrating a strong track record in operating, leasing, acquiring, and developing assets across diverse market conditions.

Country
US
CEO
Jason E. Fox
Exchange listed on
NYSE
Industry
REIT - Office
Base currency
USD
Full Time Employees
197
Sector
Real Estate
IPO date
02/11/2023

Key statistics

Avg. volume

139.04K

Market cap

$148.14M

P/E Ratio

-3.26

Price-to-sales ratio

1.92

Enterprise value

$146.38M

Free cash flow yield

31.70%

Debt-to-equity ratio

0.13

Return on equity

-17.17%

ROIC

31.39%

Beta

0.91

Dividend yield

192.50%

Last dividend

$22.35

Financial overview

Revenue

$118.92M

Earnings per share

-$9.81

Free cash flow

$60.08M

Net profit margin

-58.73%

Gross margin

-26.29%

EBITDA

-$93.46M

Revenue growth

-16.40%

Similar securities

This is not an investment recommendation

How to buy Net Lease Office Properties from India

Indian residents can buy Net Lease Office Properties shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Net Lease Office Properties and place an order

    Find Net Lease Office Properties by name or by its ticker, NLOP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Net Lease Office Properties trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Net Lease Office Properties position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Net Lease Office Properties from India

Trading and taxes when buying Net Lease Office Properties from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Net Lease Office Properties’ current yield is 192.50%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Net Lease Office Properties stock?

Yes. Net Lease Office Properties (NLOP) has been listed on the New York Stock Exchange since 2023, in the REIT - Office industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Net Lease Office Properties share cost in rupees?

One Net Lease Office Properties share is $10.00 — about ₹959 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Net Lease Office Properties price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Net Lease Office Properties from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Net Lease Office Properties?

Yes. One Net Lease Office Properties share is $10.00, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Net Lease Office Properties.

How are gains on Net Lease Office Properties shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Net Lease Office Properties price. Paasa issues a capital-gains statement for your return.

Does Net Lease Office Properties pay a dividend, and how is it taxed in India?

Yes. Net Lease Office Properties pays a dividend and the current yield is 192.50%; the last declared dividend was $22.35 per share, about ₹2,144.04. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Net Lease Office Properties from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Net Lease Office Properties shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Net Lease Office Properties shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Net Lease Office Properties holding, its cost and its closing value.

How do I sell Net Lease Office Properties and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.