Hines Global Income Trust, Inc. has announced the successful completion of its largest Delaware Statutory Trust (DST) offering, raising approximately $591 million. This significant milestone reflects the company's strong position in the real estate investment sector and indicates robust investor interest in multifamily properties.
The HREX 9 DST offering, which closed on October 20, 2026, includes investments in two prime residential properties: Gables Station in Coral Gables, Florida, and Left Bank in Chicago, Illinois. This offering is a testament to Hines' strategy of focusing on high-demand residential markets.
Background
Hines Global Income Trust, Inc. is a public, non-listed real estate investment trust (REIT) based in Houston, Texas. The company primarily invests in commercial real estate across the United States and internationally. With a gross asset value of approximately $7.29 billion as of September 30, 2026, Hines Global Income Trust focuses on sectors supported by favorable long-term fundamentals. The company operates under the SIC code 6798, which corresponds to Real Estate Investment Trusts.
What the Filing Says
According to the recent SEC filing (accession number 0001628280-26-066416), Hines Interests Limited Partnership announced the completion of the HREX 9 DST, stating, "HREX 9 DST is Hines' largest completed DST offering to date." The offering features two multifamily properties sourced by Hines Global Income Trust.
Impact
This successful offering may positively impact various stakeholders, including investors looking for stable income through real estate investments. The completion of HREX 9 DST underscores the growing scale of Hines' private wealth business and reflects a broader trend in the real estate investment trust industry.
What's Next
The filing does not say what happens next.