Hines Global Income Trust
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|Date of Report (Date of Earliest Event Reported):||April 29, 2020|
Hines Global Income Trust, Inc.
(Exact name of registrant as specified in its charter)
Commission file number: 000-55599
|(State or other jurisdiction of incorporation or organization)||(I.R.S. Employer Identification No.)|
|2800 Post Oak Boulevard|
|(Address of principal executive offices)||(Zip code)|
|(Registrant’s telephone number, including area code)|
|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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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 8.01 Other Events.
May 2020 Distributions
The board of directors of Hines Global Income Trust, Inc. ("the Company"), has authorized the Company to declare distributions for the month of May 2020. Distributions for each class of the Company’s common stock will be as follows (as rounded to the nearest three decimal places):
|May 2020||Gross Distribution||Distribution and Stockholder Servicing Fee||Net Distribution|
|Class T Shares||$||0.052||$||0.008||$||0.044|
|Class S Shares||$||0.052||$||0.008||$||0.044|
|Class D Shares||$||0.052||$||0.002||$||0.050|
|Class I Shares||$||0.052||$||—||$||0.052|
|Class AX Shares||$||0.052||$||—||$||0.052|
|Class TX Shares||$||0.052||$||0.008||$||0.044|
|Class IX Shares||$||0.052||$||0.002||$||0.050|
The net distributions for each class of shares of the Company’s common stock (which represents the gross distributions less the distribution and stockholder servicing fee for each applicable class of shares of common stock) will be payable to stockholders of record as of the last business day of May 2020, and will be paid on the first business day of June 2020. These distributions will be paid in cash or reinvested in shares of the Company’s common stock for stockholders participating in the Company’s distribution reinvestment plan. Distributions reinvested pursuant to the Company’s distribution reinvestment plan will be reinvested in shares of the same class of shares as the shares on which the distributions are being made. Some or all of the cash distributions may be paid from sources other than cash flows from operations.
This Current Report on Form 8-K contains forward-looking statements (including, without limitation, statements concerning future payments of cash distributions, future reinvestments of cash distributions, and intentions, beliefs, expectations or projections relating to the timing and payment of distributions described herein) that are based on the Company’s current expectations, plans, estimates, assumptions, and beliefs that involve numerous risks and uncertainties, including, without limitation, future economic, competitive and market conditions, future business decisions that may prove incorrect or inaccurate and those risks set forth in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, as amended or supplemented by the Company’s other filings with the Securities and Exchange Commission. Although these forward-looking statements reflect management’s belief as to future events, actual events could differ materially from those expressed or implied in these forward-looking statements. To the extent that the Company’s assumptions differ from actual results, the Company’s ability to meet such forward-looking statements may be significantly hindered. Stockholders are cautioned not to place undue reliance on any forward-looking statements.
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.|
|April 29, 2020||By:||/s/ A. Gordon Findlay|
|Name: A. Gordon Findlay|
|Title: Chief Accounting Officer and Treasurer|