December 26, 2017— Nuveen Global Cities REIT, Inc. has filed a registration statement on Form S-11 with the U.S. Securities and Exchange Commission for a proposed initial public offering of up to $5,000,000,000 in shares of its common stock, consisting of any combination of Class T, Class S, Class D and Class I shares.
Nuveen Global Cities REIT is a newly organized corporation formed to invest primarily in stabilized, income-oriented commercial real estate located in and around leading cities in the United States, Canada, Europe and the Asia-Pacific region. It intends to qualify as a real estate investment trust for federal income tax purposes. Nuveen Global Cities REIT is sponsored by Nuveen, LLC and externally advised by its affiliate, TH Real Estate Global Cities Advisors, LLC an affiliate of TH Real Estate. Shares will be offered on a continuous basis at a price generally equal to the net asset value per share of each class of common stock, updated monthly.
Nuveen Securities, LLC, member FINRA and SIPC, will act as the dealer manager for the offering on a best efforts basis and will engage selected broker-dealers to participate in the distribution of shares to individual investors. Copies of the preliminary prospectus may be obtained from Nuveen Securities, LLC, Attn: Michelle Tressel, 901 Marquette Avenue, Suite 2900, Minneapolis, MN 55402 or by email at [email protected].