Hines Global Income Trust, Inc. acquired three U.S. properties in Atlanta, Dallas and Columbus, Ohio, in transactions described as totaling more than $500 million. The contract purchase prices were approximately $237.8 million for 99 West Paces, acquired September 29, 2026; approximately $170.5 million for Bishop Arts Portfolio, acquired September 30, 2026; and approximately $117.0 million for Castings Commerce Center, acquired August 31, 2026. Each contract purchase price excludes transaction costs and closing prorations.
99 West Paces has approximately 380,700 square feet of net rentable area and is 95% leased. Bishop Arts has approximately 438,000 square feet of residential space, 95% leased, and approximately 49,000 square feet of retail, 98% leased. Castings has approximately 862,000 square feet of net rentable area and is 96% leased. HGIT reported portfolio gross asset value of approximately $6.89 billion as of August 31, 2026, including properties in its Delaware statutory trust program.
Hines Global Income Trust, Inc. (HGIT) director Dougal A. Cameron received a grant of 7,630 restricted Class I shares on October 1, 2026, following his re-election to the board on September 29, 2026. The transaction was reported at $0.0000 per share. After the award, Cameron beneficially owned 56,995 shares, including Class AX and Class I common stock.
Hines Global Income Trust, Inc. (HGIT) director Paddison Diane S. Detering acquired 7,630 restricted Class I shares of common stock on October 1, 2026, following her re-election to the board on September 29, 2026. Her reported direct holdings totaled 24,187 Class I shares after the award.
Hines Global Income Trust, Inc. (HGIT) director Ruth J. Simmons acquired 7,630 restricted Class I common shares on October 1, 2026, following her re-election to the board on September 29, 2026. This was reported as a director grant, not a market purchase. Her reported holdings after the award were 48,994 shares, consisting of Class I common stock.
Hines Global Income Trust, Inc. (HGIT) director John O. Niemann Jr. acquired 7,630 restricted Class I common shares on October 1, 2026. The shares were granted following his re-election to the board on September 29, 2026. His reported beneficial ownership after the transaction was 69,827 shares, including both Class AX and Class I common shares.
Hines Global Income Trust, Inc. (HGIT) will have a new CEO and board chair and a new director effective January 1, 2027. Jeffrey C. Hines notified the board he will resign as director, Chair and CEO on that date. Laura Hines-Pierce, a current director, was appointed CEO and Chair, and Adam Hines was appointed director. Jeff Hines will become Chairman of Hines, while Adam joins Laura as Hines Co-CEO; David Steinbach will become Hines’ first President and Alfonso Munk its Global CIO.
Laura Hines-Pierce and Adam Hines are siblings, and Jeff Hines is their father; all three are Hines employees. Effective January 1, 2027, they will share control of HGIT Advisors LP, an affiliate of Hines. Hines, the advisor and their affiliates have agreements with HGIT for which they receive compensation. Adam will receive no HGIT compensation for board service, and Laura will receive none for board, chair and CEO service. HGIT will enter into an indemnification agreement with Adam providing indemnification and expense advances, subject to limitations and reimbursement if indemnification is later found impermissible.
Hines Global Income Trust, Inc. (HGIT) reported that stockholders at its September 29, 2026 annual meeting elected all seven director nominees to one-year terms ending at the 2027 annual meeting and ratified Deloitte & Touche as the independent registered public accounting firm for fiscal 2026. Chief Operating Officer Omar Thowfeek's presentation put gross asset value at $6.886 billion as of August 31, 2026, up approximately 33% from $5.182 billion as of August 31, 2025. It listed 56 investments, net asset value of $3.35 billion and a 30% leverage ratio.
The portfolio was 94% leased based on June 30, 2026 data. The presentation said distributions exceeded earnings. For the six months ended June 30, 2026, 53% of declared distributions were funded with proceeds from shares issued under the distribution reinvestment plan and 38% with cash flows from sources other than operating activities; the remaining balance came from operating activities. It stated that distributions from sources other than operating activities leave less funds available for property acquisitions and may reduce stockholders' overall return.
Hines Global Income Trust, Inc. (HGIT) reported an estimated net asset value (NAV) of $3.35 billion, or $9.83 per share/OP Unit, as of August 31, 2026, unchanged per share from July 31, 2026, with 340.5 million shares and OP Units outstanding.
Real estate investments were valued at $6.89 billion and other assets at $473.5 million, offset by $4.01 billion of debt and other liabilities; portfolio leverage was 30%. The portfolio comprised interests in 56 properties, 94% leased, totaling 26.2 million square feet. Altus Group U.S. Inc. reviewed the August 31, 2026 property valuations and concurred with the NAV calculation.
The board authorized September 2026 gross distributions of $0.052 per share/OP Unit across all classes, with net distributions after distribution and stockholder servicing fees ranging from $0.044 (Class T) to $0.052 (Class I, AX, JX). Distributions will be paid or reinvested on the first business day of October 2026 at the August 31, 2026 transaction price of $9.83. HGIT also acquired Castings Commerce Center, a Columbus, Ohio industrial property of approximately 862,000 square feet, for about $117.0 million, 96% leased.
Hines Global Income Trust, Inc. (HGIT) filed Post-Effective Amendment No. 23 to its Form S-11 registration statement (Registration No. 333-279847), designating it as a filing under Rule 462(d) that becomes effective upon filing. The amendment primarily updates the exhibits to include Exhibit 99.1, a consent of Altus Group U.S. Inc.
The filing is executed on behalf of Hines Global Income Trust, Inc. by Chief Executive Officer and Chairman Jeffrey C. Hines and other senior officers and directors on September 16, 2026.
HINES GLOBAL INCOME TRUST, INC. (HGIT) filed a prospectus supplement updating its continuous public offering status, October 1, 2026 share prices, August 31, 2026 NAV, distributions, and a recent property acquisition.
As of September 16, 2026, the company had raised approximately $859.9 million in its current offering (and about $4.5 billion across all offerings) with roughly $1.3 billion of common shares still available, plus $361.6 million under the distribution reinvestment plan. The August 31, 2026 NAV was $9.83 per share/OP Unit, unchanged from July 31, 2026, based on real estate investments of $6.89 billion, net other assets and liabilities, and 340.5 million shares/OP Units outstanding, with the portfolio approximately 30% levered and 56 properties that were 94% leased.
For subscriptions on October 1, 2026, the transaction price is $9.83 per share for all classes, with Class T and Class S carrying a $10.19 gross offering price including upfront fees. The board declared September 2026 gross monthly distributions of $0.052 per share/OP Unit, with net amounts by class after distribution and stockholder servicing fees. HGIT also acquired Castings Commerce Center, an approximately 862,000-square-foot industrial property in Columbus, Ohio, for about $117.0 million, 96% leased.