NAV per share is essentially flat month-over-month. The monthly NAV update and distribution declaration are routine. Focus on the 30% leverage ratio and 95% occupancy as credit quality indicators. The UK retail acquisition adds geographic diversification but is not transformative. Monitor future NAV updates for any material change in property valuations or redemption requests.
Price Chart
Executive Summary
Hines Global Income Trust filed an 8-K reporting its May 31, 2026 NAV per share of $9.81, down from $9.83 in April 2026. The filing also discloses the acquisition of Junction One, a UK retail property, for approximately $66.7 million, and declares June 2026 distributions of $0.052 per share across all classes.
Key Facts
- NAV per share decreased to $9.81 as of May 31, 2026 from $9.83 as of April 30, 2026.
- Total NAV declined slightly to $3.072 billion from $3.056 billion.
- Real estate investments valued at $6.395 billion, up from $6.319 billion.
- Portfolio is 30% levered, owns 55 properties that are 95% leased.
- Acquired Junction One in Liverpool, UK for approximately $66.7 million.
- June 2026 gross distribution is $0.052 per share across all classes.
- Shares outstanding increased to 313,201 from 310,940.
- Distribution and stockholder servicing fee liability of $50.7 million payable to Dealer Manager.
Financial Impact
NAV per share declined $0.02 (0.2%) month-over-month; portfolio value increased ~$75 million; acquisition of $66.7 million retail property in UK.
Risk Factors
- Portfolio levered at 30% exposes NAV to interest rate and cap rate volatility.
- Exposure to UK retail real estate market through Junction One acquisition.
- Distributions may be paid from sources other than cash flows from operations.
- NAV sensitivity shows a 0.25% increase in exit cap rates reduces property values by ~2.71% on a weighted-average basis.
- Share redemptions may be limited; shares held less than one year subject to 5% discount.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-043110 |
| Exhibit: ex992consentofaltusnavs-3.htm | 0001628280-26-043110 |
| Document: 0001628280-26-043110-index-headers.html | 0001628280-26-043110 |
| Document: 0001628280-26-043110-index.html | 0001628280-26-043110 |
| Document: 0001628280-26-043110.txt | 0001628280-26-043110 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 7d ago | 8-K | — | awaiting T+20 | — | — |
Oct 16, 2026 10d ago | 8-K | — | awaiting T+20 | — | — |
Oct 6, 2026 20d ago | 8-K | — | awaiting T+20 | — | — |
Oct 2, 2026 24d ago | 8-K | — | awaiting T+20 | — | — |
Sep 16, 2026 5w ago | 8-K | — | awaiting T+20 | — | — |
Aug 17, 2026 10w ago | 8-K | — | awaiting T+20 | — | — |
Jul 21, 2026 13w ago | 8-K | — | awaiting T+20 | — | — |
Jul 17, 2026 14w ago | 8-K | — | awaiting T+20 | — | — |
Jul 13, 2026 15w ago | 8-K | — | awaiting T+20 | — | — |
Jun 15, 2026 19w ago | 8-K | — | awaiting T+20 | — | — |
US Market Status
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