Invesco Real Estate Income Trust Inc. Fully Subscribes $97.6 Million DST Offering

ATLANTA, Nov. 5, 2026 /PRNewswire/ -- Invesco Real Estate Income Trust Inc., an institutionally managed public non-listed REIT, has fully subscribed its IREX V Diversified Portfolio DST ("IREX V") that launched in April 2026. The DST offering raised $97.6 million in gross proceeds.

IREX V consists of one mixed-use office/retail asset along with one industrial asset across two states – North Carolina and South Carolina – and are 98.7% occupied across 353,257 of net rentable square feet.

"IREX V is both our largest DST offering to date and our fastest to fully syndicate, a milestone we believe reflects the sustained demand among 1031 exchange investors for institutional-quality replacement property," said Kyle Connor, Director, Private Markets, 1031 Exchange Program, Invesco Real Estate. "As more property owners look to step away from the day-to-day demands of active management without giving up their real estate exposure, we continue to see strong interest in solutions that pair the tax-deferral potential of a 1031 exchange with professionally managed, diversified portfolios. IREX V provides investors a thoughtful way to pursue those goals while also supporting long-term estate planning objectives."

The assets were sourced by Invesco Real Estate Income Trust Inc., or INREIT, which had a total asset value¹ of $1.5 billion as of September 30, 2026.

"We believe the Southeast remains an attractive region for real estate investment, supported by continued population and employment growth in leading markets like Charlotte and Columbia. IREX V's industrial and mixed-use properties provide exposure to these growing markets through assets with healthy occupancy, reflecting our focus on disciplined asset selection and properties we believe can deliver durable income and long-term appreciation," said Chase Bolding, President of Invesco Real Estate Income Trust and Head of North America, Invesco Real Estate.

IREX V allowed qualified investors to complete a like-kind exchange of property under Internal Revenue Code Section 1031. This offering presents a compelling solution to aid in the deferment of capital gains and other taxes while providing the opportunity to diversify real estate holdings through the ownership of an institutional-quality asset.

About INREIT
Invesco Real Estate Income Trust Inc. ("INREIT") is an institutionally managed public non-listed monthly NAV REIT investing in a diversified portfolio of high quality, income producing properties located throughout the United States. Its thematic approach to investing focuses on where people consume, live, innovate and connect. INREIT seeks to invest in properties with resilient income and appreciation potential. INREIT expects to diversify its portfolio over time, including on a global basis. INREIT is managed by Invesco Advisers, Inc., a subsidiary of Invesco Ltd. and the registered investment adviser for Invesco Real Estate, the real estate investment center of Invesco Ltd.

About Invesco Real Estate 
Invesco Real Estate is a global leader in the real estate investment management business with $88.9 billion in real estate assets under management, 574 employees and 21 regional offices across the U.S., Europe and Asia Pacific as of June 30, 2026. With over a 40-year history, Invesco Real Estate, part of Invesco Private Markets, invests across the risk return spectrum, from core to opportunistic; in equity and debt; listed and direct; locally and globally. Invesco Real Estate is a business name of Invesco Advisers, Inc., an indirect, wholly owned subsidiary of Invesco Ltd.

About Invesco Ltd. 
Invesco Ltd. is one of the world's leading asset management firms serving clients in more than 120 countries. With US$2.5 trillion in assets under management as of Sept. 30, 2026, we deliver a comprehensive range of investment capabilities across public, private, active, and passive. Our collaborative mindset, breadth of solutions and global scale mean we're well positioned to help retail and institutional investors rethink challenges and find new possibilities for success. For more information, visit www.invesco.com.

No Offer of Securities 
This press release shall not be deemed an offer to sell, or a solicitation of an offer to purchase, any securities.

¹ Total asset value (TAV) is measured as (1) the asset value of real estate investments (based on fair value), excluding any third-party interests in such real estate investments, plus (2) the asset value of real estate-related securities measured at fair value, plus (3) any other current assets (such as cash or any other cash equivalents). TAV is not a measure under generally accepted accounting principles in the United States (GAAP), and the valuations of and certain adjustments made to our assets used in the calculation of total asset value will differ from GAAP. You should not consider TAV to be equivalent to GAAP total assets or any other GAAP measure. Total asset value is calculated as GAAP total assets excluding (1) third-party interests in total assets, (2) straight-line rent receivable, (3) below market leases and (4) certain other assets, plus (5) depreciation and amortization and (6) unrealized real estate appreciation.  For more information, please refer to our annual and quarterly reports filed with the SEC, which are available at https://www.invesco.com/inreit/news-and-filings. As of August 31, 2026, our TAV was approximately $1.4 billion and our GAAP total assets were $1.4 billion.

SOURCE Invesco Real Estate Income Trust Inc.