other
confidence high
sentiment neutral
materiality 0.25
Hines Global Income Trust Feb NAV unchanged at $9.79; March distributions $0.052/share gross
HINES GLOBAL INCOME TRUST, INC.
- NAV per share flat at $9.79 as of Feb 28, 2025 vs Jan 31, 2025; portfolio valued at $4.376B (down from $4.534B).
- Portfolio 97% leased, 44 properties, 19.1M sq ft; leverage at 31% of property values.
- March distributions declared: gross $0.052/share; net after fees Class T $0.044, Class D $0.050, Class I $0.052.
- Shares outstanding increased to 272,701 from 270,749; $50.8M liability for future distribution and stockholder servicing fees.
- Altus Group U.S. Inc. consented to description of its role in NAV calculation; valuation policy incorporated by reference.