Invesco Real Estate Income Trust Inc.
Sponsored by Invesco. REIT structure focused on private real estate.
REITPrivate Real Estate
- Net assets
- $613.8M
source
Prospectus supplement (Form 424B3) · filed 2026-06-15 · period 2026-05-31
424B3 monthly pricing supplement (transaction price = NAV/share per its own text)
“to disclose the calculation of our May 31, 2026 NAV per share ... Transaction Price (per share) Class T $ 26.0937 Class S $ 26.1167 Class D $ 26.1138 Class I $ 26.2640 Class E $ 28.3329 ”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
as of 2026-05-31 - NAV / share
- $26.26
source
Prospectus supplement (Form 424B3) · filed 2026-06-15 · period 2026-05-31
424B3 monthly pricing supplement (transaction price = NAV/share per its own text)
“to disclose the calculation of our May 31, 2026 NAV per share ... Transaction Price (per share) Class T $ 26.0937 Class S $ 26.1167 Class D $ 26.1138 Class I $ 26.2640 Class E $ 28.3329 ”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
Canonical (canonical class) · 2026-05-31 - Net flows, last qtr
- -0.4% qtr ended 2026-03-31
- Distribution coverage (reported FFO)
- 91% period ended 2026-03-31
- Leverage in use
- 16% debt / equity 0.49x
- Total return, 12m
- +6.4% computed from NAV + distributions
What changed in the latest filings.
Current findings ordered by severity. Each observation remains traceable to its filed source.
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2026-06-15)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000094/inreit-20260531.htm | Item 8.01
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2026-05-14)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000075/inreit-20260430.htm | Item 8.01
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2026-04-16)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000056/inreit-20260331.htm | Item 8.01
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2026-03-17)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000025/inreit-20260228.htm | Item 8.01
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2026-02-12)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000019/inreit-20260131.htm | Item 8.01
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2026-01-15)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000009/inreit-20251231.htm | Item 8.01
Mortgage collateral taken (foreclosure / deed in lieu / REO): mercially reasonable terms or at all; • acquired properties may fail to perform as expected; • acquired properties... (2025-12-31)
Mortgage collateral taken (foreclosure / deed in lieu / REO): mercially reasonable terms or at all; • acquired properties may fail to perform as expected; • acquired properties may be located in new markets in which we may face risks associated with a lack of market knowledge or understanding of the local economy, lack
Why it matters and what changed
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676126000032/inreit-20251231.htm | collateral taken
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2025-12-16)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000145/inreit-20251130.htm | Item 8.01
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2025-11-13)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000135/inreit-20251031.htm | Item 8.01
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2025-10-17)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000120/inreit-20250930.htm | Item 8.01
Net flows deteriorated to $-4.4M from $-4.7M (period ended 2025-09-30).
Net flows deteriorated to $-4.4M from $-4.7M (period ended 2025-09-30). (Rule C15: Net-flow deterioration: net flows negative; Notify.)
Why it matters and what changed
The fund is shrinking: money going out exceeds money coming in. Persistent negative net flows change the fund's behavior (what it can buy, what it must sell) even before any gate is near.
$-4.7M -> $-4.4M (up 6.6% vs prior period); trailing 4-period average $-3.8M; same period prior year $3.4M; breach persisted 4 consecutive periods (escalated per the two-stage ladder); comparison interval: ~3 months (2025-06-30 -> 2025-09-30; this fund's series is observed at that frequency, so 'month over month' rules compare consecutive observations)
Source: derived: gross_share_sales + drip_reinvestment - shares_redeemed_dollars
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2025-09-16)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000107/inreit-20250831.htm | Item 8.01
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2025-08-15)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000098/inreit-20250731.htm | Item 8.01
Credit facility new or amended: 4 occurrence(s), 2021-07-14 to 2025-07-25
Most recent (2025-07-25): agent (the "Administrative Agent") entered into the Sixth Amendment to the Revolving Credit Agreement (the "Sixth Amendment"), which amends the Revolving Credit Agreement dated January 22, 2021 (as amended, the "Revolving Credit Facility"). The Sixth Amendment, among other things, extends the term of the Company's $100 million Revolving Credit Facility to July 23, 2027, with an option for the Operating Partnership to extend the term to July 21, 2028, subject to certain conditions and payment of an extension fee. In addition, the Sixth Amendment increased the size of the accordion feature, prov
Why it matters and what changed
Financing terms set the fund's cost of leverage and its dry powder. Amendments also reveal what lenders currently think of the collateral: improving spreads and rising commitments signal lender confidence; shrinking availability or margin increases signal the opposite. This fund logged 4 of these in the covered window; the cadence itself is part of the signal.
4 occurrence(s) of this event type stored; earlier instances are on the Fired Flags tab.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000079/inreit-20250725.htm | Item 1.01
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. (2025-07-17)
ncluding the limitations on our stockholders’ ability to sell shares under our share repurchase plan and our ability to suspend our share repurchase plan at any time. Our NAV generally does not consider exit costs (e.g., selling costs and commissions and debt prepayment penalties related to the sale of a property) that would likely be incurred if our assets and liabilities were liquidated or sold.
Why it matters and what changed
The rules governing how investors exit changed. For a semi-liquid fund the repurchase program IS the liquidity; any change to caps, frequency, or pricing deserves a direct read.
Occurrence event; see the filing text for terms vs the prior arrangement.
Source: https://www.sec.gov/Archives/edgar/data/1756761/000175676125000073/inreit-20250630.htm | Item 8.01
Historical findings (15)
Net flows deteriorated to $-4.7M from $-2.2M (period ended 2025-06-30).
Net flows deteriorated to $-2.2M from $-4.0M (period ended 2025-03-31).
Redemptions accelerated to $13.4M from $9.5M the prior period (period ended 2024-03-31).
NAV per share ($28.30) is 1.2% below its trailing four-observation average ($28.65) as of 2024-01-31.
NAV per share ($28.49) is 1.4% below its trailing four-observation average ($28.89) as of 2023-12-31.
NAV per share ($28.77) is 1.3% below its trailing four-observation average ($29.16) as of 2023-11-30.
NAV per share ($29.04) is 1.4% below its trailing four-observation average ($29.45) as of 2023-10-31.
NAV per share ($30.12) is 1.2% below its trailing four-observation average ($30.47) as of 2023-05-31.
NAV per share ($30.21) is 1.8% below its trailing four-observation average ($30.75) as of 2023-04-30.
NAV per share fell 2.1% from $31.10 to $30.45 (2023-03-31).
NAV per share ($31.25) is 1.4% below its trailing four-observation average ($31.70) as of 2023-01-31.
LP (the “Operating Partnership”) and Invesco Advisers, Inc. (2023-01-25)
FFO was negative in the period ended 2021-09-30; distributions were funded entirely from capital, asset sales, or borrowings, not operations.
LP (the “Operating Partnership”), and Invesco Advisers, Inc. (2021-07-14)
FFO was negative in the period ended 2021-06-30; distributions were funded entirely from capital, asset sales, or borrowings, not operations.
How the fund has moved.
Net asset value, total return, capital flows, and distribution coverage across the filing record.
Coverage basis note
What moved inside the book.
Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.
No structured portfolio-health series or position-change events have been captured for this fund.
Where exit demand met the cap.
Stated cap: 2% of NAV/month. The disclosed history shows no rationed period.
| Period | Requested | Filled | Cap used | Status |
|---|---|---|---|---|
| 2026-03-31 | Not disclosed | 100% | Not disclosed | filled |
| 2026-02-28 | Not disclosed | 100% | Not disclosed | filled |
| 2026-01-31 quarter | Not disclosed | 100% | Not disclosed | filled |
| 2025-09-30 | Not disclosed | 100% | Not disclosed | filled |
| 2025-08-31 | Not disclosed | 100% | Not disclosed | filled |
| 2025-07-31 | Not disclosed | 100% | Not disclosed | filled |
| 2025-06-30 | Not disclosed | 100% | Not disclosed | filled |
| 2025-05-31 | Not disclosed | 100% | Not disclosed | filled |
| 2025-04-30 | Not disclosed | 100% | Not disclosed | filled |
| 2025-03-31 | Not disclosed | 100% | Not disclosed | filled |
| 2025-02-28 | Not disclosed | 100% | Not disclosed | filled |
| 2025-01-31 quarter | Not disclosed | 100% | Not disclosed | filled |
| 2024-09-30 | Not disclosed | 100% | Not disclosed | filled |
| 2024-08-31 | Not disclosed | 100% | Not disclosed | filled |
| 2024-07-31 | Not disclosed | 100% | Not disclosed | filled |
| 2024-06-30 | Not disclosed | 100% | Not disclosed | filled |
| 2024-05-31 | Not disclosed | 100% | Not disclosed | filled |
| 2024-04-30 | Not disclosed | 100% | Not disclosed | filled |
| 2024-03-31 | Not disclosed | 100% | Not disclosed | filled |
| 2024-02-29 | Not disclosed | 100% | Not disclosed | filled |
| 2024-01-31 quarter | Not disclosed | 100% | Not disclosed | filled |
| 2023-09-30 | Not disclosed | 100% | Not disclosed | filled |
| 2023-08-31 | Not disclosed | 100% | Not disclosed | filled |
How the balance sheet is funded.
Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.
| Borrowing source | Amount |
|---|---|
| Notes payable | $235,153,000 |
| Repurchase agreements (repo) | $157,680,000 |
| Total borrowings | $392,833,000 |
Unconsolidated joint ventures: $121,347,000 as of 2026-03-31. This is carrying value, not debt added to the fund.
How to read these financing entries
How the offering is divided.
A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.
No filed share-class terms have been captured for this fund; ownership type is therefore not inferred.
Management fee: 1.00% of nav by share class per year. source. We pay the Adviser a management fee equal to 1.00% of NAV for Class T, Class S, Class D, Class I, Class S-PR and Class K-PR shares (and the corresponding INREIT OP unit classes) per annum, calculated and payable monthly. No management fee is paid on Class E shares/units; Class N shares/units begin paying the same 1.00% commencing January 16, 2030. The value of the Fund's investment in Invesco Commercial Mortgage Income - U.S. Fund, L.P. is excluded from NAV for purposes of calculating the fee.
The evidence beneath the page.
Filed terms and recent documents remain available without crowding the primary research flow.
Term register (3)
| Term | Description | Value | Effective |
|---|---|---|---|
| advisory_fee_schedule | We pay the Adviser a management fee equal to 1.00% of NAV for Class T, Class S, Class D, Class I, Class S-PR and Class K-PR shares (and the corresponding INREIT OP unit classes) per annum, calculated and payable monthly. No management fee is paid on Class E shares/units; Class N shares/units begin paying the same 1.00% commencing January 16, 2030. The value of the Fund's investment in Invesco Commercial Mortgage Income - U.S. Fund, L.P. is excluded from NAV for purposes of calculating the fee. | 1.0 pct_annual_of_nav_by_share_class | Date not captured |
| leverage_ceiling | ed in substantial part by borrowing, which increases our exposure to loss. Under our charter, we have a limitation that precludes us from borrowing in excess of 300% of our net assets, which approximates borrowing 75% of the cost of our investments (unless a majority of our independent directors approv | 300.0 pct_of_net_assets | Date not captured |
| repurchase_program_terms | Share Repurchase Plan: total amount of shares repurchased limited, in any calendar month, to no more than 2% of aggregate NAV (measured as of the end of the immediately preceding month), and in any calendar quarter, to no more than 5% of aggregate NAV (measured using the average aggregate NAV as of the end of the immediately preceding three months). | 2.0 pct_of_aggregate_nav_per_month | Date not captured |
Recent filings
| Filed | Form | Accession |
|---|---|---|
| 2026-06-30 | 8-K | 0001756761-26-000097 |
| 2026-06-15 | 424B3 | 0001756761-26-000093 |
| 2026-06-15 | 8-K | 0001756761-26-000094 |
| 2026-05-29 | 8-K | 0001756761-26-000086 |
| 2026-05-14 | 424B3 | 0001756761-26-000074 |
| 2026-05-14 | 8-K | 0001756761-26-000075 |
| 2026-05-11 | 10-Q | 0001756761-26-000063 |
| 2026-04-30 | 8-K | 0001756761-26-000060 |
| 2026-04-20 | 424B3 | 0001756761-26-000058 |
| 2026-04-16 | 424B3 | 0001756761-26-000055 |
| 2026-04-16 | 8-K | 0001756761-26-000056 |
| 2026-03-31 | 8-K | 0001756761-26-000043 |
| 2026-03-26 | 10-K | 0001756761-26-000032 |
| 2026-03-17 | 424B3 | 0001756761-26-000024 |
| 2026-03-17 | 8-K | 0001756761-26-000025 |