Invesco REIT Monthly NAV Per Share Drops 1.1% In August

Invesco Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, declared a portfolio update and monthly net asset value per share for its classes of common stock, as of Aug. 31, 2023.

Class T shares had a NAV per share of $29.46 as of Aug. 31, 2023, compared to $29.80 the previous month.

Class S shares had a NAV per share of $29.42, compared to $29.75 the previous month.

Class D shares had a NAV per share of $29.46, compared to $29.80 the previous month.

Class I shares had a NAV per share of $29.59, compared to $29.93 the previous month.

Class E shares had a NAV per share of $30.87, compared to $31.19 the previous month.

Shares were originally priced at $25.00 each.

The REIT had 21.0 million shares outstanding at the end of August.

The REIT launched its public offering, which seeks to raise up to $3.0 billion, in May 2021. As of August 11, 2023, the company had sold approximately $148 million worth of shares and had an aggregate NAV of $635.8 million as of Aug. 31, 2023.

Click here to visit The DI Wire directory page.