{"id":148297,"date":"2021-10-19T12:55:35","date_gmt":"2021-10-19T16:55:35","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=148297"},"modified":"2021-10-19T12:55:35","modified_gmt":"2021-10-19T16:55:35","slug":"black-creek-industrial-reit-ivs-remarkable-increase-in-nav","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/black-creek-industrial-reit-ivs-remarkable-increase-in-nav\/","title":{"rendered":"Black Creek Industrial REIT IV\u2019s Remarkable Increase in NAV"},"content":{"rendered":"
October 19, 2021 | James Sprow | Blue Vault<\/p>\n
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On October 15, Black Creek Industrial REIT IV announced a revised NAV per share of $11.5332 for all share classes as of September 30, 2021.\u00a0\u00a0This marked an increase of 5.48% over the NAV as of August 31, 2021, of $10.9342.\u00a0The NAV announced as of June 30, 2021, was $10.5692, and the NAV as of December 31, 2020, was $10.1437. Therefore, the rate of increase in the NAV YTD through September 30, 2021, was an impressive 13.7%.\u00a0\u00a0\u00a0<\/p>\n
Black Creek Industrial REIT IV owned 118 properties as of June 30, 2021, that were 97.3% occupied.\u00a0All of\u00a0the properties were classified as industrial. Among the REIT\u2019s top tenants were eBay Enterprise with 7.6% of all rental revenues and 9.7% of area leased, Steelcase Inc. with 4.9% of rental revenues, and The Kroger Co. with 4.0% of rental revenues.\u00a0\u00a0\u00a0<\/p>\n
The REIT has made three acquisitions since June 30, 2021, including a\u00a0Prologis\u00a0portfolio of 48 buildings\u00a0acquired on July 14, 2021, consisting of 8,300,000 square feet, for $920 million, that was 96.4% occupied.\u00a0<\/p>\n
Sources:\u00a0 SEC, S&P Market Intelligence\u00a0<\/em><\/p>\n On October 15, Black Creek Industrial REIT IV announced a revised NAV per share of $11.5332 for all share classes as of September 30, 2021…<\/p>\n","protected":false},"author":3464,"featured_media":35376,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2934,2806,3010,2709,2814,2964],"tags":[],"class_list":["post-148297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-acquisitions","category-asset-class","category-asset-manager-news","category-black-creek-group","category-industrial","category-nav"],"acf":[],"yoast_head":"\n