Nuveen Global Cities REIT launches DST program to sell property interests to accredited investors

Nuveen Global Cities REIT, Inc.

May 28, 2025: entered Amended Partnership Agreement to issue Class D-1, S-1, I OP units for DST property exchanges.
Advisory fee set at 1.25% of NAV for most OP units; 0.65% for Class N units; 1.25% on DST property value under FMV option.
DST dealer manager agreement: upfront selling commissions up to 6.0%; ongoing investor servicing fees up to 0.85% per annum.
DRIP amended to allow OP units issued in DST exchanges to participate, effective June 9, 2025.
No specific dollar amounts disclosed; program is a new capital-raising structure.

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