dividend
confidence high
sentiment neutral
materiality 0.25
Hines Global Income Trust NAV unchanged at $10.02; declares April distribution of $0.052 per share
HINES GLOBAL INCOME TRUST, INC.
- NAV per share $10.02 as of March 31, 2024, unchanged from February 29, 2024; transaction price for DRIP and redemptions.
- Gross distribution $0.052 per share for all classes; net distributions range from $0.044 (Class T) to $0.052 (Class I/AX/JX).
- Portfolio: 42 properties, 95% leased, 18.5M sq ft, 34% levered based on March 31 valuations.
- Valuation reviewed by Altus Group; key assumptions: weighted-average exit cap rate 6.37%, discount rate 7.63% for office.