Invesco Real Estate Exchange

Invesco Real Estate Exchange LLC serves as the DST Sponsor for the Delaware statutory trust program of Invesco Real Estate Income Trust Inc. (INREIT) and is an indirect wholly owned subsidiary of INREIT's operating partnership, according to INREIT's 2024 proxy statement. That filing describes a program established to issue and sell up to a maximum aggregate offering amount of $3.0 billion of beneficial interests in Delaware statutory trusts holding real properties; each property may be sourced from INREIT's own real properties or from third parties, is held in a separate DST, and is leased back by a wholly owned subsidiary of the operating partnership under a master lease agreement ¹. INREIT's Form 10-K reported that the DST Program commenced in February 2023 ², and INREIT reported that the program's first DST offering was fully subscribed in December 2024 and closed to new investors ³.

Invesco reported on July 2, 2025 that the IREX II Self-Storage Portfolio DST was fully subscribed, raising $85.7 million in aggregate across eight self-storage properties in Tennessee, Texas, North Carolina and Oregon ⁴. On December 18, 2025, Invesco reported that the IREX III Industrial Portfolio DST, launched in May 2025, was fully subscribed with $87 million in gross proceeds; that trust held three industrial properties in Ohio and Illinois that were 100% occupied across 795,825 net rentable square feet ⁵. In a release distributed by PR Newswire on May 12, 2026, Invesco reported that the IREX IV Industrial Portfolio DST, launched in October 2025, was fully subscribed with $94 million in gross proceeds from three industrial properties in Florida and North Carolina that were 100% occupied across 537,947 net rentable square feet ⁶. These dated closings center the platform on industrial and self-storage portfolios assembled into multi-property trusts.