Nuveen Global Cities REIT, Inc. Income Statement

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Operations

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Revenues
Rental revenue
Income from commercial mortgage loans
Total revenues
Expenses
Rental property operating
General and administrative
Advisory fee due to affiliate
Depreciation and amortization
Total expenses
Other income (expense)
Realized and unrealized income (loss) from real estate-related securities
Unrealized income from real estate debt
Realized and unrealized gain from real estate-related securities
Realized and unrealized gain (loss) from real estate debt
Realized gain on sale of real estate investments
Income (loss) from equity investments in unconsolidated international affiliated funds
Unrealized (loss) gain on commercial mortgage loans
Commercial Mortgage Loans
Note Payable
Total unrealized (loss) gain on commercial mortgage loans

Unrealized gain (loss) from interest rate derivatives
Unrealized gain (loss) on note payable
Interest income
Interest expense
Total other income (expense)

Net loss
Net income (loss) attributable to non-controlling interests
Net income attributable to preferred stock
Net loss attributable to common stockholders
Net income per share of common stock - basic and diluted
Weighted-average shares of common stock outstanding, basic and diluted
Net loss per share of common stock - basic (in dollars per share)
Net loss per share of common stock - diluted (in dollars per share)
Weighted-average shares of common stock outstanding, basic (in shares)
Weighted-average shares of common stock outstanding, diluted (in shares)

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