Hines Global Income Trust, Inc. updates its ongoing public offering and NAV. As of May 14, 2026, the company reported gross proceeds of $694.1 million from the sale of 70.6 million shares in the current offering and stated approximately $1.4 billion of additional common shares remain available for sale. The Supplement sets the transaction price for subscriptions accepted as of June 1, 2026 at $9.83 per share for Classes D and I and $10.19 offering price (Class T and S) with a $9.83 transaction price, reflecting the NAV per share as of April 30, 2026. The Supplement discloses the NAV calculation, showing NAV of $3,056,115 with NAV per share of $9.83 and 310,940 shares outstanding as presented. Portfolio metrics: 54 properties, 95% leased, 24.7 million square feet, and 31% leverage by valuation. The board declared monthly distributions for May 2026, with net per-share amounts by class (example: Class I net $0.052). Altus Group reviewed and concurred with the April 30, 2026 NAV calculation.
Hines Global Income Trust, Inc. reported first-quarter 2026 net income attributable to common stockholders of $39.8M, down from $115.3M a year earlier, mainly because 2025 included a much larger gain on asset sales.
Total revenues rose to $132.8M from $93.6M, driven by higher rental and other income. Basic and diluted earnings per share were $0.13 versus $0.42 in 2025. Net cash used in operating activities was $24.9M, while investing activities provided $56.5M, reflecting active capital recycling.
As of March 31, 2026, the company had total assets of $5.93B and notes payable of $2.06B (principal), with a weighted average interest rate of 3.80%. The portfolio comprised 54 properties totaling 24.7 million square feet, 95% leased, primarily in the United States and Europe. The company declared $46.0M of distributions for the quarter, continuing its gross annualized distribution rate of $0.625 per share.