M&A - HINES GLOBAL INCOME TRUST, INC.

Form Type: 8-K

Filing Date: 2025-06-20

Corporate Action: Acquisition

Type: New

Accession Number: 000158510125000040

Filing Summary: Hines Global Income Trust, Inc. reported the acquisition of The Peel Centre, a retail park located in the Greater London area, on June 13, 2025. The property encompasses approximately 168,000 square feet of net rentable area. The contract purchase price was approximately £49.0 million (about $66 million based on the applicable exchange rate). The seller is not affiliated with Hines Global Income Trust, Inc. or its affiliates.

Form Type: 8-K

Filing Date: 2025-05-28

Corporate Action: Acquisition

Type: New

Accession Number: 000158510125000035

Filing Summary: On May 28, 2025, Hines Global Income Trust, Inc. disclosed the acquisition of multiple properties, specifically Georgia International Trade Center, Upton Crossing, and I-85 Logistics Center. The I-85 Logistics Center, an industrial property situated in Piedmont, South Carolina, was acquired on May 23, 2025, with a purchase price of approximately $40.7 million. This property comprises about 408,000 square feet of net rentable area and is fully leased. The seller of the I-85 Logistics Center is not affiliated with Hines Global Income Trust, Inc. The details of this acquisition and the accompanying press release were included in the document as Exhibit 99.1.

Form Type: 8-K

Filing Date: 2025-04-24

Corporate Action: Acquisition

Type: New

Accession Number: 000158510125000023

Filing Summary: On April 24, 2025, Hines Interests Limited Partnership announced the acquisition of Junction 27 by Hines Global Income Trust, Inc. This significant acquisition is part of the company's ongoing growth strategy and is detailed in a press release that is included as Exhibit 99.1 of the filing. The press release covers the strategic rationale behind the acquisition and its expected impact on the company's portfolio. The information contained in the Item 7.01 of this Form 8-K is furnished and shall not be considered as filed under the Securities Exchange Act of 1934. This acquisition underscores Hines Global Income Trust, Inc.'s commitment to expanding its investment portfolio and enhancing shareholder value.

Form Type: 8-K

Filing Date: 2025-04-16

Corporate Action: Acquisition

Type: New

Accession Number: 000158510125000022

Filing Summary: On April 16, 2025, Hines Global Income Trust, Inc. filed a Form 8-K, detailing an acquisition of a retail property named Junction 27 in Leeds, UK, on March 18, 2025. The acquisition price was approximately £54.6 million (around $70.8 million). The property consists of approximately 131,000 square feet of net rentable area and is 100% leased. The document also discusses updates on the distribution reinvestment plan and share redemption program, detailing the transaction prices for its various classes of common stock, which are $9.79 per share as of March 31, 2025. Distributions for April 2025 of $0.052 per share for each class were declared, payable to shareholders of record by the first business day of May 2025. Furthermore, the report outlines the company's net asset value (NAV) calculations and the steps taken by the valuation committee in overseeing valuation processes.

Form Type: 8-K

Filing Date: 2025-01-15

Corporate Action: Acquisition

Type: New

Accession Number: 000158510125000001

Filing Summary: On January 15, 2025, Hines Global Income Trust, Inc. announced the acquisition of E2 Apartments and Tortona Logistics. Tortona Logistics is a logistics portfolio in Tortona, Italy, consisting of two completed buildings and a forward purchase option for a third building under construction. The total contract purchase price for Tortona Logistics was approximately €137.0 million (about $144.0 million). E2 Apartments, located in Evanston, IL, is a residential property with a purchase price of approximately $148.0 million. Both sellers are not affiliated with the Company. The press release regarding these acquisitions was issued by Hines Interests Limited Partnership.