other material
confidence high
sentiment neutral
materiality 0.50
Hines Global NAV per share down to $9.81 as of May 31; acquires UK retail property for ~$66.7M
HINES GLOBAL INCOME TRUST, INC.
- NAV per share $9.81 for all classes, down from $9.83 on April 30; total NAV $3.07B.
- Acquired Junction One (Liverpool, UK) on May 15 for ~£50M/$66.7M; 190,874 sq ft, 100% leased.
- June 2026 distributions: gross $0.052/share; net ranges $0.044 (Class T) to $0.052 (Class I, AX, JX).
- Portfolio: 55 properties, 95% leased, 24.9M sq ft, 30% levered based on May 31 valuations.
- Valuation policy and Altus consent filed; weighted-avg exit cap 5.86%, discount rate 7.38%, avg hold 9 yrs.