Invesco REIT Reports 0.86% Increase in Monthly Total NAV

Invesco Real Estate Income Trust Inc. – a publicly registered non-traded real estate investment trust that invests primarily in stabilized, income-oriented commercial real estate in the United States – declared a monthly net asset value per share for its classes of common stock, as of March 31, 2024.

It reported that its aggregate NAV increased in value by 0.86% month-over-month. The NAV was approximately $623.9 million at the close of February 2024 and $629.3 million at the close of March 2024.

Regarding NAV per share class:

Class T shares had a NAV per share of $27.9451 at the end of March, compared to $27.9514 the previous month, a decline of 0.02%.

Class S shares had a NAV per share of $27.9986, compared to $27.9691 the previous month, an increase of 0.11%.

Class D shares had a NAV per share of $27.9657, compared to $27.9698 the previous month, a decline of 0.02%.

Class I shares had a NAV per share of $28.0789, compared to $28.0835 the previous month, a decline of 0.02%.

Class E shares had a NAV per share of $29.4666, compared to $29.4420 the previous month, an increase of 0.08%.

Shares were originally priced at $25.00 each. The REIT had 21.9 million shares outstanding at the end of March.

The REIT launched its public offering, which seeks to raise up to $3 billion, in May 2021. As of April 11, 2024, the company had sold approximately $192.3 million worth of common stock shares in both its primary offering and distribution reinvestment plan.

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