dividend
confidence high
sentiment neutral
materiality 0.25
Hines Global Income Trust sets August distribution at $0.052/share, NAV flat at $10.00
HINES GLOBAL INCOME TRUST, INC.
- NAV per share unchanged at $10.00 as of July 31, 2024; real estate investments $4.226B, 35% levered.
- August 2024 gross distribution $0.052/share; net varies by class ($0.044 Class T to $0.052 Class I/AX/JX).
- Redemption price for shares held <1 year is 95% of transaction price (5% holding discount).
- Portfolio: 42 properties, 96% leased, 18.0M sq ft as of June 30; weighted exit cap rates 5.49%-6.62%.