Invesco Real Estate Income Trust Inc.: files NAV update and Nov 1, 2026 transaction price

What happened

• Invesco Real Estate Income Trust Inc. filed a Current Report on Form 8-K to provide an update regarding its net asset value ("NAV") and its assets and activities. The filing states the transaction price for each share class for Nov 1, 2026 equals that share class's NAV per share as of Sep 30, 2026. The filing reports total NAV of $669,021,000 as of Sep 30, 2026.

Key details

• Components of NAV (selected): investments in real estate $1,155,436,000; investments in unconsolidated entities $178,854,000; investments in commercial loans $198,243,000; mortgage notes, revolver, secured lending and financing obligations, net ($479,718,000); cash and cash equivalents $20,206,000.
• NAV by class and shares outstanding: total number of outstanding shares/units 24,389,375; NAV per share/unit ranged from $26.0821 (Class S) to $28.4681 (Class E). Example NAV per share: Class I $26.2613; operating partnership units $26.2844.
• Portfolio and activity: 73 real estate properties totaling approximately 11,600,000 square feet in 32 U.S. markets, weighted average occupancy 94%; direct real estate represents 81% of gross assets; private real estate credit represents 15% of gross assets; leverage ratio 28%. Quarter-to-date through Sep 30, 2026, gross proceeds raised $101,100,000; repurchase requests for Jul, Aug and Sep totaled $13,800,000 and were fulfilled.
• Valuation assumptions: weighted average discount rates used in direct real estate discounted cash flow valuations ranged by property type (for example, healthcare 7.2%, office 9.3%, manufactured housing community 9.5%); weighted average exit capitalization rates ranged (for example, multifamily 5.5%, office 7.3%). The filing shows sensitivity examples where a 0.25% change in discount rate or exit cap rate would change property values by roughly 1.8% to 3.0% depending on property type.

Why it may matter

• The filing is reported under Item 8.01 (other events) and covers the company’s NAV calculation methodology, the NAV per share by class as of Sep 30, 2026 (used as the Nov 1, 2026 transaction price), the major components of total NAV, valuation assumptions and portfolio metrics such as property counts, square footage, occupancy, allocation and leverage. The filing states the Adviser is ultimately responsible for determining NAV and that appraisals and valuations were prepared or reviewed by independent valuation advisors.

The filing does not show why the company acted or why an insider traded.