JLL Income Property Trust Reports Daily NAVs Per Share and Share Repurchases
Jones Lang LaSalle Income Property Trust, a daily net asset value real estate investment trust, reported its daily share valuations for August 2022.
Jones Lang LaSalle Income Property Trust, a daily net asset value real estate investment trust, reported its daily share valuations for August 2022 in a filing with the Securities and Exchange Commission.
Class A shares increased from $14.88 on August 1st to $14.95 on August 31st.
Class M shares increased from $14.91 on August 1st to $14.99 on August 31st.
Class A-I shares increased from $14.93 on August 1st to $15.01 on August 31st.
Class M-I shares increased from $14.91 on August 1st to $14.99 on August 31st.
Class D shares increased from $14.89 on August 1st to $14.98 on August 31st.
During the period from July 1, 2022 through August 31, 2022, the company redeemed 3.5 million shares for a total of approximately $52.1 million through its share repurchase plan.
Eligible share repurchases during the period from July 1, 2022 through September 30, 2022 are limited to approximately $172 million, which is 5 percent of the NAV of all classes of shares as of the last business day of the previous calendar quarter.
Jones Lang LaSalle Income Property Trust (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) oversees a $6.8 billion portfolio of residential, industrial, office and grocery-anchored retail properties.
Since the beginning of 2012, the REIT raised a total of approximately $4.1 million through its ongoing public and various private offerings, as well as its distribution reinvestment plan. As of June 30, 2022, the total company NAV across all share classes was approximately $3.4 billion.
