IPO - HINES GLOBAL INCOME TRUST, INC.
Form Type: S-11/A
Filing Date: 2025-01-30
Corporate Action: Ipo
Type: Update
Accession Number: 000158510125000007
Filing Summary: Hines Global Income Trust, Inc. (HGIT), a Maryland corporation, is amending its registration statement (S-11/A) to facilitate a follow-on public offering of up to $2,500,000,000 of securities for investment in a diverse portfolio of quality commercial real estate properties. This offering will include $2,000,000,000 in common shares via a primary offering and an additional $500,000,000 through a distribution reinvestment plan. HGIT has raised approximately $3.5 billion from prior offerings since its initial public offering began on August 20, 2014. The document specifies various classes of shares including Class T, S, D, and I shares with differing commissions and management fees. The company does not plan to list its common shares on a public exchange, indicating that liquidity may be limited. An extensive disclosure of risks associated with investment is provided, emphasizing that potential investors should consider their ability to withstand a total loss of investment. Additional information on redeeming shares and investment suitability standards across several states is also presented. Risks outlined include reliance on debt financing for distributions, absence of a public trading market, and potential conflicts of interest due to affiliations with Hines Interests Limited Partnership, the investment’s sponsor.
Document Link: View Document
Additional details:
Class T Price: 10.19
Class S Price: 10.19
Class D Price: 9.83
Class I Price: 9.83
Maximum Primary Offering: 2000000000
Maximum Distribution Reinvestment Plan: 500000000
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