| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
334 |
| Employees |
4,600 |
| Revenues (TTM) (Millions $) |
493 |
| Net Income (TTM) (Millions $) |
-41 |
| Cash Flow (TTM) (Millions $) |
-239 |
| Capital Exp. (TTM) (Millions $) |
73 |
Business Description
Hines Global Income Trust Inc (HGIT) is a publicly traded real estate investment trust (REIT) that primarily invests in commercial real estate assets. It was founded in 2014 and is headquartered in Houston, Texas.
The company aims to generate stable cash flows and enhance long-term shareholder value by pursuing a diversified global real estate investment strategy. HGIT acquires, develops, and manages a broad range of properties across various geographies, sectors, and property types. Its portfolio includes office, retail, industrial, multifamily, and hospitality assets located in North America, Europe, and Asia-Pacific.
HGIT's investment approach is grounded in the expertise and experience of its parent company, Hines, a global real estate firm with more than 60 years of history in the industry. Hines has a strong track record of creating value through development, acquisition, and management of real estate projects.
HGIT is structured as a non-traded REIT, which means that its shares are not publicly traded on an exchange. Instead, they are sold through private placements to accredited investors. The company initially raised $750 million in equity capital and has since grown its AUM to approximately $2.2 billion (as of Q1 2021).
HGIT's investment strategy is guided by a focus on core-plus and value-add opportunities that have the potential to deliver attractive risk-adjusted returns. The company targets properties that are attractively priced relative to their intrinsic value and that have strong underlying fundamentals. It also seeks to create value through property-level improvements, operational efficiencies, and strategic repositioning.
The company's management team comprises experienced real estate professionals with a proven track record of success. They bring deep market knowledge, operational expertise, and strong relationships across the industry to the table.
HGIT's dividend policy aims to provide investors with a steady stream of income through regular distributions. The company distributes a portion of its net income to shareholders on a monthly basis, with the aim of maintaining a stable dividend yield over time. As of Q1 2021, HGIT's annualized dividend yield was1%.
Overall, HGIT is a well-positioned global REIT with a diversified portfolio of high-quality real estate assets. The company's commitment to disciplined investment practices, strong management team, and focus on generating stable cash flows make it an attractive investment option for investors seeking exposure to the real estate sector.
Company Address: 845 Texas Avenue Houston 77002 TX
Company Phone Number: 220-6121 Stock Exchange / Ticker: HGIT
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