Highest-materiality recent filing
Hines Global Income Trust acquires two Midwest assets totaling over $350M
Left Bank: 451-unit multifamily tower in Chicago's West Loop, 94% occupied.
Hines Global Income Trust reports 22% GAV growth, 4.19% 1-yr total return, 96% leased
Gross Asset Value $5.18B, up ~22% over 12 months; Net Asset Value $2.82B; 50 investments, 163 buildings, 96% leased.
HGIT acquires Runway ($428M, LA) and Montrose Collective ($137.5M, Houston) totaling >$565M
Acquired Runway, 630K sq ft mixed-use in Playa Vista, LA, for $428.1M; 94% leased, 420 residences.
Hines Private Wealth Solutions completes $194M DST offering for Rookwood retail property
HREX 5 DST completed a $194M DST offering; property is Rookwood, a premier open-air shopping center in Cincinnati, OH.
Facility comprises $650M revolver and $700M term loan; can be increased to $1.75B.
Hines Global Income Trust acquires $292M in assets; completes $124.7M DST offering
Acquired Tortona Logistics in Italy for ~€137M ($144M); two buildings 100% leased, 1.15M sq ft.
Hines Global Income Trust reports $4.26B gross assets, 96% leased, 6.79% 1-year total return
Gross asset value $4.26B, net asset value $2.63B, leverage ratio 33% as of Aug 31, 2024.
Hines Global Income Trust acquires Floralaan retail warehouse in Venlo, Netherlands for €19.7M
Acquired Floralaan, a 215,000 sq ft retail warehouse in Venlo, Netherlands, for €19.7M (~$21.2M).
Hines completes $77M DST offering for Chicago multifamily property EMME
HREX Multifamily I DST raised $77M via a DST offering for EMME in Chicago's West Loop.
On October 1, 2024, Alex Knapp notified the Chairman of the board of directors (the "Board") of Hines Global Income Trust, Inc. (the "Company") of his decision to resign from his position as the Company’s Chief Investment Officer—Europe, effective December 31, 2024.
Max materiality 0.75 · Median 0.50 · Most common event other_material