HINES GLOBAL INCOME TRUST, INC. 8-K

What Happened
Hines Global Income Trust filed an 8‑K on Feb 12, 2026 announcing its transaction price (equal to NAV) of $9.82 per share for all classes as of January 31, 2026. The company confirmed that distributions for February 2026 were authorized at a gross amount of $0.052 per share (payable in cash or reinvested under the reinvestment plan) and described pricing for its distribution reinvestment plan and share redemption program (redemptions are at the transaction price; shares held less than one year are redeemed at 95% of the transaction price unless the 5% discount is waived). The filing also notes that the valuation committee oversees NAV calculations, Altus Group U.S. Inc. reviewed and concurred with the January 31, 2026 NAV, and the company updated Massachusetts suitability standards for Class AX and JX investors effective after market close March 2, 2026.

Key Details

• NAV per share (all classes): $9.82 as of Jan 31, 2026; total NAV reported as $2,963,322 (in thousands).
• Balance-sheet components (Jan 31, 2026): real estate investments $6,359,395 (in thousands) (~$6.36B), other assets $397,481 (in thousands), debt & liabilities $(3,793,554) (in thousands). Shares outstanding: 301,895.
• Feb 2026 distributions (gross/net): $0.052 gross per share; net by class — Class T $0.044 (after $0.008 fee), Class S $0.045 (after $0.007), Class D $0.050 (after $0.002), Class I/AX/JX $0.052 (no fee). Payable first business day of March 2026 to holders of record as of last business day of Feb.
• Portfolio & valuation: interests in 55 properties (96% leased), ~24.4M sq ft; portfolio ~35% levered; Altus reviewed valuations and concurred.
• Other: consolidated balance sheet includes a $49.8M liability for distribution/servicing fees payable to the Dealer Manager in future periods; NAV per share excludes liabilities for fees that may become payable after Jan 31, 2026.
• Suitability update for Class AX/JX (Massachusetts): adds minimum liquid net worth/ income thresholds and limits non‑public investments to 10% of liquid net worth.

Why It Matters
NAV/transaction price drives the price at which distributions are reinvested and at which shares are redeemed, so the $9.82 figure directly affects investors who participate in reinvestment or the redemption program. The declared $0.052 gross distribution and class‑specific fees determine the cash return (or number of shares received if reinvested) for each share class. The Massachusetts suitability change may limit who can enroll in reinvestment for AX/JX classes. Finally, the filing highlights that valuations were reviewed by an independent advisor (Altus) and that redemption availability and future fee payments can affect liquidity and net returns; investors should note the filing’s forward‑looking disclaimers and the program limitations described.