Nuveen Farmland REIT has announced the net asset value (NAV) per share for its common shares, which will take effect on November 1, 2026. This update is crucial for the company as it establishes the transaction price for new subscriptions, reflecting the ongoing valuation of its assets.
The NAV per share is reported as follows: Type A-I common shares at $20.01, Type A-II common shares at $20.01, Type S common shares at $20.00, Type S-I common shares at $20.00, Type S-II common shares at $20.00, Type D common shares at $20.00, Type I common shares at $20.01, and Type E common shares at $20.00.
Background
Nuveen Farmland REIT, classified under the SIC code 6798 for Real Estate Investment Trusts, operates in the real estate sector. The company is incorporated in Maryland and has its business address at 730 Third Avenue, New York, NY. As an emerging growth company, it focuses on investments in farmland, providing investors access to agricultural real estate.
What the Filing Says
The recent filing states, "On October 23, 2026, Nuveen Farmland REIT reported the net asset value (the 'NAV') per share for each type of common shares of the Company as of September 30, 2026." This NAV will serve as the transaction price for subscriptions accepted starting November 1, 2026.
Impact
This announcement will primarily affect current and prospective investors in Nuveen Farmland REIT, as the NAV sets the price for new share subscriptions. Additionally, it may influence market perceptions and investment strategies within the real estate investment trust industry.
What's Next
The filing does not specify what happens next regarding the company's operations or future filings.