Hines Global Income Trust (HGIT) tied to $145M HREX 8 DST
Rhea-AI Filing Summary
Hines Global Income Trust, Inc. furnished a press release describing the completion of HREX 8 DST, a $145 million Delaware Statutory Trust offering sponsored by Hines Private Wealth Solutions LLC.
The release notes that the Hines Real Estate Exchange platform has raised more than $1.1 billion across eight DST offerings since 2022. HREX 8 DST owns Montrose Collective, a 189,000-square-foot mixed-use asset in Houston’s Montrose district. The asset was sourced from Hines Global Income Trust’s portfolio, which has a gross asset value of approximately $6.3 billion as of April 30, 2026.
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8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
HREX platform DST volume: $1.1 billion
HREX 8 DST offering size: $145 million
Montrose Collective size: 189,000 square feet
+5 more
8 metrics
HREX platform DST volume
$1.1 billion
Total across eight Delaware Statutory Trust offerings since 2022
HREX 8 DST offering size
$145 million
Size of the eighth Delaware Statutory Trust offering
Montrose Collective size
189,000 square feet
Area of mixed-use asset owned by HREX 8 DST
Montrose district population growth
35%
Approximate population growth over the past decade in submarket
HGIT gross asset value
$6.3 billion
Portfolio gross asset value as of April 30, 2026
Hines assets owned and operated
$91.7 billion
Assets across property types as of December 31, 2025
Hines employees
4,600 employees
Global headcount across 30 countries
Hines operating history
69 years
History of the firm as a real estate investment manager
Key Terms
Delaware Statutory Trust, like-kind exchange, Internal Revenue Code Section 1031, gross asset value, +1 more
5 terms
Delaware Statutory Trust financial
"Hines Private Wealth Solutions LLC has completed more than $1.1 billion across eight Delaware Statutory Trust ("DST") offerings"
A Delaware statutory trust is a legal structure created under Delaware law that holds assets—often real estate or income-producing property—and issues shares of ownership to investors. It separates the assets and liabilities of the trust from individual investors, like a shared landlord that collects rent and pays expenses, and matters to investors because it can simplify ownership, limit personal liability, and make it easier to receive steady income or trade ownership stakes without managing properties directly.
like-kind exchange financial
"HREX 8 DST allowed qualified investors to complete a like-kind exchange of property under Internal Revenue Code Section 1031."
A like-kind exchange is a tax mechanism that lets an investor swap one qualifying asset for another similar asset without immediately paying capital gains tax, effectively deferring the tax bill until the replacement asset is sold. Think of it like trading one house for another: it preserves more cash for the new purchase and lets investors reshape or upgrade their holdings without triggering a large tax hit today, which can affect cash flow, portfolio strategy and long-term returns.
Internal Revenue Code Section 1031 financial
"HREX 8 DST allowed qualified investors to complete a like-kind exchange of property under Internal Revenue Code Section 1031."
Internal Revenue Code Section 1031 is a U.S. tax rule that lets investors swap one investment property for another of similar type without immediately paying capital gains tax, effectively deferring the tax bill until a later sale. It matters because deferring taxes preserves cash that can be reinvested to grow a portfolio—think of trading one rental property for another like trading cars without settling the sales tax right away, improving flexibility and long‑term planning.
gross asset value financial
"Its portfolio, which has a gross asset value of approximately $6.3 billion as of April 30, 2026"
Gross asset value is the total market value of all a company’s or fund’s assets before any debts, reserves, fees or other deductions are taken out. Investors care because it shows the raw size and composition of what is owned—like the full contents of a suitcase before removing baggage fees—helping assess scale, growth and the starting point for calculating net value per share.
public, non-listed real estate investment trust financial
"Hines Global Income Trust is a public, non-listed real estate investment trust sponsored by Hines."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Hines Global Income Trust (HGIT) report in this 8-K filing?
The filing reports that Hines furnished a press release on completing HREX 8 DST, a $145 million Delaware Statutory Trust offering. It highlights growth of the Hines Real Estate Exchange platform and notes that the Montrose Collective asset was sourced from the HGIT portfolio.
How large is the Hines Real Estate Exchange (HREX) DST platform mentioned by HGIT?
Hines states that its HREX platform has raised more than $1.1 billion across eight Delaware Statutory Trust offerings from qualified investors since 2022. This scale reflects multiple DST transactions, including the recently completed HREX 8 DST tied to the Montrose Collective property.
What is HREX 8 DST and what property does it own?
HREX 8 DST is a $145 million Delaware Statutory Trust offering completed by Hines Private Wealth Solutions LLC. It owns Montrose Collective, a 189,000-square-foot mixed-use asset in Houston’s Montrose district, leased to various retailers and restaurants, including a Fortune 500 company.
What portfolio size does Hines Global Income Trust (HGIT) report?
HGIT’s portfolio has a gross asset value of approximately $6.3 billion as of April 30, 2026. The portfolio is diversified by geography and property type, with a focus on high‑conviction real estate sectors supported by favorable long‑term fundamentals, according to the press release.
How does HREX 8 DST relate to Section 1031 like-kind exchanges?
HREX 8 DST is described as allowing qualified investors to complete a like-kind exchange of property under Internal Revenue Code Section 1031. This structure is presented as helping defer capital gains and other taxes while providing exposure to a best-in-class mixed-use real estate asset.
What type of vehicle is Hines Global Income Trust (HGIT)?
Hines Global Income Trust is a public, non-listed real estate investment trust sponsored by Hines. It commenced operations in 2014 and invests in commercial real estate assets located in the United States and internationally, as part of Hines’ broader real estate investment management activities.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | |||||
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(Exact name of registrant as specified in its charter)
Commission file number: 000-55599
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| (Address of principal executive offices) | (Zip code) | |||||||
( | ||||||||
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| Not Applicable | ||||||||
| Former name or former address, if changed since last report | ||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act: None.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 7.01 Regulation FD Disclosure
On June 9, 2026, Hines Interests Limited Partnership (“Hines”) issued a press release to announce the successful completion of the HREX 8 DST, a $145 million DST offering. HREX 8 DST owns Montrose Collective, a mixed-use property sourced by Hines Global Income Trust, Inc. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 of this Current Report on Form 8-K, including the press release attached as Exhibit 99.1 hereto, is furnished pursuant to Item 7.01 and shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of Section 18. The information in this Item 7.01 of this Current Report on Form 8-K, including the exhibit furnished herewith, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in any such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
| Exhibit No. | Description | ||||
| 99.1 | Press Release of Hines, dated June 9, 2026 | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Hines Global Income Trust, Inc. | |||||||||||||||||
| June 9, 2026 | By: | /s/ A. Gordon Findlay | |||||||||||||||
Name: A. Gordon Findlay | |||||||||||||||||
Title: Chief Accounting Officer, Treasurer and Secretary | |||||||||||||||||
Exhibit 99.1
For Immediate Release
June 9, 2026
News Release
For Further Information, Contact:
Hines Press Office
pressoffice@hines.com
HINES PRIVATE WEALTH SOLUTIONS SURPASSES $1.1 BILLION IN DELAWARE STATUTORY TRUST OFFERINGS
Eighth DST builds on continued expansion of firm's private wealth platform, featuring a best-in-class mixed-use asset in Houston
(HOUSTON) – Hines, a global real estate investment manager, today announced that Hines Private Wealth Solutions LLC has completed more than $1.1 billion across eight Delaware Statutory Trust ("DST") offerings from qualified investors, since the launch of the Hines Real Estate Exchange ("HREX") platform in 2022. This milestone further establishes the platform's scale within the firm's private wealth solutions business.
Most recently, Hines Private Wealth Solutions LLC has successfully completed HREX 8 DST, a $145 million DST offering.
HREX 8 DST owns Montrose Collective, a 189,000-square-foot, best-in-class mixed-use asset in Houston’s Montrose district. The property is leased to a diverse mix of retailers and restaurants, including a Fortune 500 company, and is located in a highly supply-constrained urban submarket that has experienced approximately 35% population growth over the past decade.
“Reaching more than $1.1 billion across eight offerings underscores the strong demand from private investors for institutional-quality real estate solutions that combine income, diversification, and tax efficiency,” said Alfonso Munk, Global Co‑Head of Investment Management at Hines. “HREX 8 DST builds on this momentum, providing investors with access to a prime mixed-use asset through a structure that supports broader wealth and estate planning strategies.”
The asset was sourced from Hines Global Income Trust, Inc. (“Hines Global Income Trust” or “HGIT”). Its portfolio, which has a gross asset value of approximately $6.3 billion as of April 30, 2026, is diversified by geography and property type with a focus on high‑conviction sectors supported by favorable long‑term fundamentals.
HREX 8 DST allowed qualified investors to complete a like-kind exchange of property under Internal Revenue Code Section 1031. It presented a solution to aid in the deferment of capital gains and other taxes while providing the opportunity to own a best-in-class mixed-use asset.
About Hines Global Income Trust
Hines Global Income Trust is a public, non-listed real estate investment trust sponsored by Hines. It commenced operations in 2014 and invests in commercial real estate investments located in the United States and internationally. For additional information about HGIT, visit hinesglobalincometrust.com.
About Hines
Hines is a leading global real estate investment manager. We own and operate $91.7 billion¹ of assets across property types and on behalf of a diverse group of institutional and private wealth clients. Every day, our 4,600 employees in 30 countries draw on our 69-year history to build the world forward by investing in, developing, and managing some of the world’s best real estate. To learn more, visit www.hines.com and follow @Hines on social media.
¹Includes both the global Hines organization and RIA AUM as of December 31, 2025.
No Offer of Securities
This press release shall not be deemed an offer to sell, or a solicitation of an offer to purchase, any securities. No one can invest directly in the Hines Real Estate Exchange platform.