HINES GLOBAL INCOME TRUST, INC. 8-K

What Happened
Hines Global Income Trust, Inc. (HGIT) filed an 8‑K on July 17, 2026, updating its net asset value (NAV) to $9.78 per share/unit as of June 30, 2026. The company’s valuation committee oversaw the NAV calculation, and independent valuation advisor Altus Group U.S. Inc. reviewed and concurred with the result. HGIT also authorized distributions for July 2026 of $0.052 per share for all classes (net amounts vary by class after distribution and stockholder servicing fees).

Key Details

• NAV per share/OP Unit: $9.78 as of June 30, 2026 (transaction price for August 1, 2026 reinvestments/redemptions).
• Total NAV: $3,083,494 (amounts in the filing shown in thousands = approximately $3.083 billion). Shares outstanding: 315,359,000 (table amounts shown in thousands).
• Portfolio: interests in 56 properties, 95% leased, ~25.1 million sq. ft.; portfolio leverage ~30% (by property valuations).
• July 2026 distributions: gross $0.052/share; class fees — Class T fee $0.008 (net $0.044), Class S fee $0.007 (net $0.045), Class D fee $0.002 (net $0.050); Class I and AX/JX net $0.052.
• Valuation notes: real estate investments reported $6,445,463 (in thousands ≈ $6.445B); Altus reviewed valuation assumptions (exit cap rates, discount rates) and concurred. The June 30 NAV excludes a contingent $50.0 million potential liability for future distribution and stockholder servicing fees payable to the Dealer Manager that may not ultimately be paid.

Why It Matters
NAV updates affect reinvestment and redemption pricing (transaction price equals NAV). The $9.78 NAV and the declared July distribution are the concrete figures investors will use for reinvestment elections and any redemptions processed under HGIT’s program. Valuation oversight by an independent advisor (Altus) and the valuation committee provides assurance on methodology, while the disclosure about the $50 million potential fee liability and portfolio leverage (30%) are important risk and liquidity items investors should consider when evaluating yield sustainability and downside exposure.