JLL Income Property Trust Declares 54th Consecutive Quarterly Dividend

JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ:ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.5 billion in portfolio equity and debt investments, announced that on May 6, 2025 its Board of Directors declared a dividend for the second quarter of 2025 of $0.1575 per share. This will be the 54^th consecutive dividend paid to its stockholders.

The dividend is payable on or around June 27, 2025 to stockholders of record as of June 24, 2025. On an annualized basis, this gross dividend is equivalent to $0.63 per share and represents a yield of approximately 5.5% on a NAV per share of $11.41 as of March 31, 2025. All stockholders will receive $0.1575 per share less applicable share class specific fees and the annualized yield will differ based on the share class.

"We are proud to maintain JLL Income Property Trust's reputation as a reliable source of consistent income for our stockholders, with this being our 54^th consecutive quarterly dividend payable to stockholders," said JLL Income Property Trust President and CEO Allan Swaringen. "Over our 13-year history, we have increased the dividend nine times for an average annual increase of 4.0% - providing important inflation-hedging income to our stockholders."

A first quarter 2025 dividend of $0.1575 per share, less applicable share class specific fees, was paid according to the table below on March 28, 2025 to stockholders of record as of March 25, 2025. Any future dividends will be approved at the discretion of the Board of Directors.

1. A dealer manager fee equal to 1/365th of 0.30% of NAV is allocated to Class A-I stockholders daily and reduces the quarterly dividend paid.
2. A dealer manager fee equal to 1/365th of 0.30% of NAV is allocated to Class M stockholders daily and reduces the quarterly dividend paid.
3. A dealer manager fee equal to 1/365th of 0.85% of NAV is allocated to Class A stockholders daily and reduces the quarterly dividend paid.

JLL Income Property Trust is an institutionally managed, daily NAV REIT that brings to investors a growing portfolio of commercial real estate investments selected by an institutional investment management team and sponsored by one of the world's leading real estate services firms.<_o3a_p>

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