Hines Global Income Trust, Inc. held its annual meeting of stockholders on September 29, 2026. At the meeting, stockholders elected seven directors to serve one-year terms and ratified Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Director election results included Jeffrey C. Hines receiving 87,831,473 votes for, 1,172,928 votes against, and 4,205,181 withheld or abstained. David L. Steinbach received 87,475,291 votes for, 1,212,299 votes against, and 4,521,992 withheld or abstained. Laura Hines-Pierce received 87,643,743 votes for, 1,344,379 votes against, and 4,221,460 withheld or abstained. John O. Niemann, Jr. received 86,228,861 votes for, 2,447,903 votes against, and 4,532,818 withheld or abstained. Dougal A. Cameron received 86,037,791 votes for, 2,519,782 votes against, and 4,652,008 withheld or abstained. Ruth J. Simmons received 85,991,223 votes for, 2,728,743 votes against, and 4,489,616 withheld or abstained. Diane S. Paddison received 86,242,162 votes for, 2,483,945 votes against, and 4,483,445 withheld or abstained. Additionally, there were 66,655,849 broker non-votes regarding the director election.
Regarding the ratification of Deloitte & Touche, 152,348,948 shares were voted in favor, 1,569,980 were voted against, and 5,946,503 abstained. There were no broker non-votes on this proposal.
The company also filed an exhibit containing a shareholder meeting presentation. The presentation, dated September 29, 2026, details the company's portfolio as of August 31, 2026. The portfolio consists of 56 investments with a total Gross Asset Value (GAV) of $6.89 billion. Of this total, $5.23 billion is attributed to investments outside of the DST Program. The portfolio is geographically diversified, with 72% of assets located in the United States and 28% internationally. Property types include Industrial (30%), Residential/Living (28%), Retail (19%), Office (17%), and Other (6%). The portfolio maintains a 94% leased rate and a 30% leverage ratio.
Performance metrics reported in the presentation include a Class I Share Tax Equivalent Distribution Rate of 6.36% and a Current Gross Annualized Distribution Rate of 10.09%. The Class I Share Inception-To-Date Total Return is 6.89%, and the 1-Year Total Return is 6.50%. The company noted that for the year ended December 31, 2025, 100% of distributions were characterized as a return of capital.
Other highlights from the presentation include an increase in Gross Asset Value by approximately 33% over the last twelve months, a total of $1.9 billion raised through the DST Program since inception, and the execution of 1.6 million square feet of new and renewal leasing. The company also reported the sale of $312 million of assets at a 5.4% implied cap rate and achieved positive same-store NOI change.