other material
confidence high
sentiment neutral
materiality 0.55
Hines Global Income Trust NAV down 1.1% to $9.91; sells Miramar center for $46M
HINES GLOBAL INCOME TRUST, INC.
- NAV per share as of Nov 30, 2024: $9.91, vs. $10.02 at Oct 31 (1.1% decline).
- December 2024 gross distribution declared $0.052 per share across all classes; net varies by class.
- Advisory Agreement renewed through Dec 31, 2025; independent directors approved on Dec 11.
- Sold Miramar Activity Business Center on Nov 20 for $46.0M contract price to unaffiliated buyer.
- Portfolio: 43 properties, 96% leased, 18.1M sq ft, 32% levered based on Nov 30 valuations.