Company: INRE
Filing Date: 2025-12-09
Form Type: DEFA14A
Source: 0001193125-25-312915
Chunk: 0

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-12-09
Form: DEFA14A
Chunk 0
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ SCHEDULE 14A Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934 (Amendment No. ) _________________________ Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box:

| ☐ | Preliminary Proxy Statement                                                     |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☐ | Definitive Proxy Statement                                                      |
| ☐ | Definitive Additional Materials                                                 |
| ☒ | Soliciting Material Pursuant to §240.14a-12                                     |

Inland Real Estate Income Trust, Inc. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply):

| ☒ | No fee required                                                                                     |
| ☐ | Fee paid previously with preliminary materials                                                      |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 |

<div align='center'>Inland Income Trust Announces

Estimated Per Share Net Asset Value</div>

Inland Real Estate Income Trust, Inc. (Inland Income Trust or the Company) filed a Form 8-K to announce that its Board of Directors (the Board) determined an estimated per share net asset value (NAV) of its common stock as of September 30, 2025.

The estimated per share NAV of the Company’s common stock is $16.89 as of September 30, 2025.

The Board reviewed a valuation report provided by SitusAMC Real Estate Valuation Services, LLC (“SitusAMC”), met with representatives from SitusAMC and considered the material assumptions and valuation methodologies applied and described therein, as well as the business manager’s assumptions regarding portfolio valuation.

The valuation report contained a range for the Company’s NAV of $15.76 to $18.02. The mid-point of the range of values provided by SitusAMC was $16.89.

This mid-point represented a decrease of $2.28 (or approximately 11.9%) compared to the last NAV published by the Company as of December 31, 2023. The Company