July 13, 2021
Which nontraded REIT has increased its gross distribution per share each month from $0.05737926 for the December 30, 2020 record date to $0.06058016 for the May 30, 2021 record date?

Answer: Nuveen Global Cities REIT, Inc. The $0.727 annualized distribution rate based upon the May 30, 2021 record date and the most recent NAV per share...

Which nontraded REIT has increased its gross distribution per share each month from $0.05737926 for the December 30, 2020 record date to $0.06058016 for the May 30, 2021 record date?

Answer: Nuveen Global Cities REIT, Inc. The $0.727 annualized distribution rate based upon the May 30, 2021 record date and the most recent NAV per share of $11.07 for Class T shares represents a 6.67% distribution yield before class-specific fees of $0,50 per year and an annualized net yield of 4.52%.

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