Transcript
Page 1: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Hines Global Income TrustINVESTING WORLDWIDE FOR INCOME AND GROWTH™

This must be read in conjunction with the prospectus in order to understand fully all of the implications and risks of an investment in Hines Global Income Trust, Inc. (“Hines Global”). A copy of the prospectus must be made available to you in connection with this offering. This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, which can only be made by the prospectus. Neither the Securities and Exchange Commission, the Attorney General of the State of New York nor any other state securities regulator has passed on or endorsed the merits of the offering of Hines Global. Any representation to the contrary is unlawful.

As of December 31, 2020

Page 2: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Please note “Building Details” are listed in square feet (“SF”) for certain properties.

Page 3: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

“I have never believedin status-quo. I believe we can always improve—either by rethinking existing ways of doing things or by thinking outside the box. This is innovation—it is a state of mind.”—Gerald D. Hines

Page 4: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

2

2

22

P o r t f o l i o O ve r v i e w1

23 properties

94%2

Percentage Leased

11.1 millionsquare feet

95 buildings

1 Data as of January 31, 2021 and also include the effects of the acquisition of 5301 Patrick Henry in February 2021.2 The percentage leased and square footage are based on data as of September 30, 2020, but reflect the acquisition of

6000 Schertz and 5100 Cross Point in December 2020 and 5301 Patrick Henry in February 2021.

INDUSTRIAL

52%MULTIFAMILY

27%

Page 5: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

2

22

52%DOMESTIC

48%INTERNATIONAL

RETAIL

14%OFFICE

7%

Page 6: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

5301 Patrick HenrySanta Clara, California

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Property at a Glance

LocationSanta Clara, California

Property Type Industrial

Building Details1 building 129,200 SF*

Transaction DetailsAcquired on 02/10/2021 Net Purchase Price: $68.0M

Major TenantsA Multinational Technology Company

*As of acquisition date

Page 8: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

5100 Cross PointCoventry, United Kingdom

Page 9: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationCoventry, United Kingdom

Property Type Industrial

Building Details1 building 146,531 SF*

Transaction DetailsAcquired on 12/22/2020 Net Purchase Price: $23.1M

Major TenantsRestore PLC

*As of acquisition date

Page 10: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

6000 SchertzSchertz, Texas

Page 11: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationSchertz, Texas

Property Type Industrial

Building Details1 building 1,262,294 SF*

Transaction DetailsAcquired on: 12/11/20 Net Purchase Price: $129.2M

Major TenantsAmazon

*As of acquisition date

Page 12: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Advanced Manufacturing PortfolioSanta Clara, California

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Property at a Glance

LocationSanta Clara, CA

Property Type Industrial

Building Details4 buildings 417,023 SF

Transaction DetailsAcquired on 08/31/2020 Net Purchase Price: $107.1M

Major TenantsIntevac Comtech Xicom Cleanpart SET Pacific Ceramics

Page 14: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Wakefield LogisticsWakefield, United Kingdom

Page 15: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationWakefield, United Kingdom

Property Type Industrial

Building Details1 building 207,115 SF

Transaction DetailsAcquired on 07/02/2020 Net Purchase Price: $25.6M

Major TenantsIntegrated Third Party Logistics Limited

Page 16: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Madrid Airport ComplexMadrid, Spain

Page 17: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationMadrid, Spain

Property Type Industrial

Building Details6 buildings 467,014 SF

Transaction DetailsAcquired on 06/19/2020 Net Purchase Price: $33.2M

Major TenantsAirbus Defence and Space S.A.U.

Page 18: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Royal MailEdinburgh, United Kingdom

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Property at a Glance

LocationEdinburgh, United Kingdom

Property Type Industrial

Building Details2 Buildings 212,028 SF

Transaction DetailsAcquired on 12/12/2019 Net Purchase Price: $33.4M

Major TenantsRoyal Mail Group Limited

Page 20: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

DSG BristolBristol, United Kingdom

Page 21: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationAvonmouth, Bristol

Property Type Industrial

Building Details1 Building 269,089 SF

Transaction DetailsAcquired on 11/18/2019 Net Purchase Price: $47.0M

Major TenantsDSG Retail Limited

Page 22: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Charles Tyrwhitt DCMilton Keynes, United Kingdom

Page 23: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationMilton Keynes, United Kingdom

Property Type Industrial

Building Details1 Building 145,452 SF

Transaction DetailsAcquired on 11/08/2019 Net Purchase Price: $19.9M

Major TenantsCharles Tyrwhitt Shirts Limited

Page 24: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Łódź Urban LogisticsŁódź, Poland

Page 25: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationŁódź, Poland

Property Type Industrial

Building Details1 Building 389,233 SF

Transaction DetailsAcquired on 09/26/2019 Net Purchase price: $25.2M

Major TenantsDAMCO - a MAERSK Group Company Deles Group ILS

Page 26: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Gdańsk PL IIGdańsk, Poland

Page 27: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationGdańsk, Poland

Property Type Industrial

Building Details2 Buildings 346,996 SF

Transaction DetailsAcquired on 09/24/2019 Net Purchase price: $29.9M

Major TenantsŻabka DB Schenker

Page 28: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

ABC WestlandThe Hague, Netherlands

Page 29: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationThe Hague, Netherlands

Property Type Industrial

Building Details14 buildings 1,386,847 SF

Transaction DetailsAcquired on 05/03/2019 and 02/28/2020 Net Purchase Price: $142.8M

Major TenantsABC Logistics Varekamp Coldstores Van der Windt

Page 30: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Maintal LogisticsFrankfurt, Germany

Page 31: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationGutenbergstraße 13 & 15, 63477 Maintal Frankfurt, Germany

Property Type Industrial

Building Details3 Buildings 387,253 SF

Transaction DetailsAcquired on 12/31/2018 Net Purchase Price: $43.8M

Major TenantDHL FreightBECHER GmbH & Co. KGDB Schenker

Page 32: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Fresh Park VenloVenlo, Netherlands

Page 33: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationVenlo, Netherlands

Property Type Industrial

Building Details23 Buildings 2,863,620 SF

Transaction DetailsAcquired on 10/05/2018 Net Purchase Price: $136.3M

Major TenantsIntratuin Holdings ZON Fruit & Vegetables

Page 34: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

The EmersonCentreville, Virginia

Page 35: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationCentreville, Virginia

Property Type Residential

Building Details1 Building 355 Units

Transaction DetailsAcquired on 01/24/2020 Net Purchase Price: $117M

Page 36: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

The AlloyCollege Park, Maryland

Page 37: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationCollege Park, MD

Property Type Multifamily

Building Details1 Building 275 Units

Transaction DetailsAcquired on 11/14/2019 Net Purchase Price: $98.0M

Page 38: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Glasgow West EndGlasgow, United Kingdom

Page 39: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationGlasgow, United Kingdom

Property Type Class A Student Housing

Building Details3 Buildings 607 Beds

Transaction DetailsAcquired on 09/27/2019 Net Purchase price: $89.5M

Page 40: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Venue Museum DistrictHouston, Texas

Page 41: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

Location5353 Fannin Street Houston, TX

Museum District Submarket of Houston

Property Type Multifamily

Building Details2 Buildings 224 Units

Transaction DetailsAcquired on 09/21/2018 Net Purchase Price: $72.9M

Page 42: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Queen’s Court Student ResidencesReading, United Kingdom

Page 43: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

Location15 Queens Walk Reading RG1 7QF, UK

Queens Walk, Reading, UK

Property Type Class A Student Housing

Building Details1 Building 395 Beds

Transaction DetailsAcquired on 10/11/2017 Net Purchase Price: $65.3M

Page 44: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Montrose Student ResidencesDublin, Ireland

Page 45: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

Location4 Stillorgan Road Trimblestown, Dublin 4, Ireland

Dublin, Ireland/Dublin 4

Property Type Class A Student Housing

Building Details1 Building Five Stories 210 Beds

Transaction DetailsAcquired on 03/24/2017 Net Purchase Price: $40.6M

Page 46: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

The Promenade Shops at BriargateColorado Springs, Colorado

Page 47: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

LocationColorado Springs, CO

Property Type Retail Shopping Center

Building Details8 Buildings 236,539 SF

Transaction DetailsAcquired on 09/13/2019 Net Purchase price: $93.2M

Major TenantsPottery Barn Williams Sonoma Lululemon Banana Republic

Apple Ulta Biaggi’s Anthropologie

Page 48: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Rookwood Commons | Rookwood PavilionCincinnati, Ohio

Page 49: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Property at a Glance

Location3805 Edwards Road Cincinnati, OH The Midtown Submarket of Cincinnati

Property Type Retail Shopping Center

Building Details13 Buildings 600,973 SF

Transaction DetailsAcquired on 01/06/2017 Net Purchase Price: $193.7M

Major Tenants1

Bed Bath & Beyond HomeGoods Nordstrom Rack Recreational Equipment, Inc.

Stein Mart T.J.Maxx Whole Foods Market

1 Major tenants note: Includes names of recognizable retailers, but not on the basis of leased square feet. None of the retailers listed occupy more than 10% of the net rentable area of Rookwood.

Page 50: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

Cottonwood Corporate CenterSalt Lake City, Utah

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Property at a Glance

Location2855 East Cottonwood Parkway Salt Lake City, UT

Cottonwood Heights Submarket of Salt Lake City

Property Type Class A Office

Building Details4 Buildings 487,549 SF

Transaction DetailsAcquired on 07/05/2016 Net Purchase Price: $139.2M

Major TenantsWestern Digital (SanDisk)Extra Space Storage

Page 52: Hines Global Income Trust · Hines . Global Income Trust. INVESTING WORLDWIDE . FOR INCOME AND GROWTH ™ This must be read in conjunction with the prospectus in order to understand

HGIT-PROP 03/21

NOT FDIC INSURED

MAY LOSE VALUE

NO BANK GUARANTEE

Hines Securities, Inc. | Dealer Manager | Member FINRA/SIPC

2800 Post Oak Blvd. | Suite 4700 | Houston, TX 77056

888.446.3773 | hinesglobalincometrust.com

For more information about Hines Global Income Trust, read the prospectus and talk to your financial professional or visit us at www.hinesglobalincometrust.com

Important Risk Considerations Investing in shares of our common stock involves a high degree of risk. You should purchase shares only if you can afford a complete loss of your investment. Please see the “Risk Factors” section of the prospectus before purchasing our common shares. Hines Global Income Trust elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes beginning with its taxable year ended December 31, 2015. Significant risks relating to your investment in our common shares include:

� We have a limited prior operating history and the prior performance of other Hines affiliated entities may not be a good measure of our future results; therefore, there is no assurance we will be able to achieve our investment objectives.

� Our charter does not require us to pursue a transaction to provide liquidity to our stockholders and there is no public market for our common shares; therefore, you must be prepared to hold your shares for an indefinite length of time and, if you are able to sell your shares, you will likely sell them at a substantial discount.

� This is a blind pool offering and you will not have the opportunity to evaluate the additional investments we will make prior to purchasing shares of our common stock.

� This is a best efforts offering and as such, there is a risk that we will not be able to accomplish our business objectives and that the poor performance of a single investment will materially adversely affect our overall investment performance, if we are unable to raise substantial funds.

� Distributions have exceeded earnings. Some or all of our distributions have been paid, and may continue to be paid, and during the offering phase, are likely to be paid at least partially from sources such as proceeds from our debt financings, proceeds from this offering, cash advances by our advisor, cash resulting from a waiver or deferral of fees and/or proceeds from the sale of assets. We have not placed a cap on the amount of our distributions that may be paid from any of these sources. If we continue to pay distributions from sources other than our cash flow from operations, we will have less funds available for the acquisition of properties, and your overall return may be reduced.

� The purchase and redemption price for shares of our common stock generally will be based on our most recently determined NAV (subject to material changes) and will not be based on any public trading market. While there will be independent appraisals of our properties performed annually, at any given time our NAV may not accurately reflect the actual then-current market value of our assets.

� There is no public market for our shares and an investment in our shares will have very limited liquidity. There are significant restrictions and limitations on your ability to have any of your shares of our common stock redeemed under our share redemption program and, if you are able to have your shares redeemed, it may be at a price that is less than the price you paid and the then-current market value of the shares. Our board of directors may amend, suspend or terminate our share redemption program in its sole discretion and without stockholder approval.

� Due to the risks involved in the ownership of real estate investments, there is no assurance of any return on your investment in, and you may lose some or all of your investment.

� International investment risks, including the burden of complying with a wide variety of foreign laws and the uncertainty of such laws, the tax treatment of transaction structures, political and economic instability, foreign currency fluctuations, and inflation and governmental measures to curb inflation may adversely affect our operations and our ability to make distributions. Because the performance participation allocation payable to our advisor is calculated based in part on changes in our NAV, our advisor may be entitled to a greater or lesser allocation even if the changes in NAV are due solely to foreign currency fluctuations.

� If we internalize our management functions, we could incur adverse effects on our business and financial condition, including significant costs associated with becoming and being self-managed and the percentage of our outstanding common stock owned by our stockholders could be reduced.

� We rely on affiliates of Hines for our day-to-day operations and the selection of real estate investments. We pay substantial fees and other payments to these affiliates for these services. These affiliates are subject to conflicts of interest as a result of this and other relationships they have with us and other investment vehicles sponsored by Hines. We also compete with affiliates of Hines for tenants and investment opportunities, and some of those affiliates may have priority with respect to certain investment opportunities.

This investment is not suitable for all investors. Please refer to the prospectus for the particular suitability standards required in your state. You should read the prospectus carefully for a description of the risks associated with an investment in real estate and in Hines Global Income Trust.This material contains forward-looking statements (such as those concerning investment objectives, strategies, economic updates, other plans and objectives for future operations or economic performance, or related assumptions or forecasts) that are based on our current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties, including without limitation, the risks set forth in the “Risk Factors” section of the prospectus and sales material. Any of the assumptions underlying the forward-looking statements could prove to be inaccurate and results of operations could differ materially from those expressed or implied. You are cautioned not to place undue reliance on any forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements.


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