other material
confidence high
sentiment neutral
materiality 0.20
Hines Global reports Feb 29 NAV unchanged at $10.02; March distribution $0.052/share
HINES GLOBAL INCOME TRUST, INC.
- NAV per share $10.02 as of Feb 29, 2024, unchanged from Jan 31, 2024.
- Portfolio: 42 properties, 95% leased, 18.3M sq ft, 35% levered.
- March 2024 gross distribution $0.052/share; net varies by class (Class I/AX/JX: $0.052).
- Key NAV assumptions: exit cap rates 5.44%-6.57%, discount rates 6.83%-7.49%, avg hold 9.4-10 yrs.
- NAV calculation reviewed and concurred by Altus Group U.S. Inc.