HINES GLOBAL INCOME TRUST, INC. 8-K

What Happened
Hines Global Income Trust, Inc. filed an 8-K (Mar 17, 2026) announcing a transaction price (equal to NAV) of $9.82 per share as of February 28, 2026. The company’s valuation committee and independent advisor Altus Group reviewed and concurred with the NAV calculation. The board authorized March 2026 distributions (gross $0.052 per share) and the filing also discloses the recent disposition of the Briargate property for $150.7 million (sale closed on Feb 17, 2026).

Key Details

• Transaction price / NAV per share (all classes) as of Feb 28, 2026: $9.82. This price is used for reinvestment and redemptions (redemptions of shares held <1 year may be redeemed at 95% unless waived).
• March 2026 distributions (gross $0.052 per share); net amounts vary by class after distribution/servicing fees: Class T net $0.044, Class S net $0.045, Class D net $0.050, Class I and AX/JX net $0.052. Payable first business day of April 2026 to holders of record as of last business day of March.
• NAV rollforward (Feb 28 vs Jan 31, 2026): NAV $2,999,290,000 and NAV per share $9.82 (shares outstanding ~305.6 million). Portfolio real estate investments valued at $6.218B; debt/liabilities $3.685B (portfolio ~32% levered).
• Portfolio summary: interests in 54 properties, ~96% leased, ~24.2M sq ft (based on latest property data), and sale of Briargate for $150.7M on Feb 17, 2026.
• The filing notes a $49.4M consolidated liability for distribution and stockholder servicing fees payable to the Dealer Manager in future periods; the Feb 28 NAV does not include fees that may become payable after that date.

Why It Matters
The NAV/transaction price determines the price used when investors reinvest distributions and when shares are redeemed under the company’s redemption program, so the $9.82 figure directly affects shareholder transactions. The declared March distribution and the disclosure that some distributions may be paid from non‑operating sources are important for income-seeking investors. The Briargate sale and portfolio metrics (occupancy, leverage, recent acquisitions) give investors updated context on asset-level activity and balance-sheet position. Finally, the independent review by Altus and oversight by the valuation committee provide procedural assurance about the NAV calculation.