SCHEDULE 13G

CUSIP No.

46144C301

Names of Reporting Persons

Invesco Advisers, Inc.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,602,220.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,602,220.00

Aggregate Amount Beneficially Owned by Each Reporting Person

2,602,220.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

11.3 %

Type of Reporting Person (See Instructions)

CO, IA

Comment for Type of Reporting Person: This Schedule 13G relates to the following classes of Securities: Class D Common Stock, par value $0.01 per share (CUSIP 46144C103), Class E Common Stock, par value $0.01 per share (CUSIP 46144C202), Class I Common Stock, par value $0.01 per share (CUSIP 46144C301), Class S Common Stock, par value $0.01 per share (CUSIP 46144C400), Class T Common Stock, par value $0.01 per share (CUSIP 46144C509), Class S-PR Common Stock, par value $0.01 per share (CUSIP 46144C608), and Class K-PR Common Stock, par value $0.01 per share (CUSIP 46144C707 ). Lines 6, 8 and 9 include (a) 110,304 shares of Class E Stock held directly by Invesco Advisers, Inc. ("IAI"), (b) 91 shares of Class D Stock, 90 shares of Class S Stock, 90 shares of Class T Stock, 878,895 shares of Class S-PR Stock and 439,447 shares of Class K-PR Stock held indirectly by IAI through Invesco Realty, Inc. ("IRI"), which is a wholly owned subsidiary of IAI, and (c) 338,887 shares of Class I Stock and 834,415 shares of Class E Stock held directly by Invesco Global Property Plus Fund ("IGP+"), which is advised by IAI. Line 11 is based on a total of 22,967,591 shares of Common Stock issued and outstanding as of August 1, 2025.

SCHEDULE 13G

CUSIP No.

46144C301

Names of Reporting Persons

Invesco Ltd.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

BERMUDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,602,220.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,602,220.00

Aggregate Amount Beneficially Owned by Each Reporting Person

2,602,220.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

11.3 %

Type of Reporting Person (See Instructions)

IA, HC

Comment for Type of Reporting Person: This Schedule 13G relates to the following classes of Securities: Class D Common Stock, par value $0.01 per share (CUSIP 46144C103), Class E Common Stock, par value $0.01 per share (CUSIP 46144C202), Class I Common Stock, par value $0.01 per share (CUSIP 46144C301), Class S Common Stock, par value $0.01 per share (CUSIP 46144C400), Class T Common Stock, par value $0.01 per share (CUSIP 46144C509), Class S-PR Common Stock, par value $0.01 per share (CUSIP 46144C608), and Class K-PR Common Stock, par value $0.01 per share (CUSIP 46144C707 ). Lines 6, 8 and 9 include (a) 110,304 shares of Class E Stock held directly by IAI, which is a wholly owned of Invesco Ltd., (b) 91 shares of Class D Stock, 90 shares of Class S Stock, 90 shares of Class T Stock, 878,895 shares of Class S-PR Stock and 439,447 shares of Class K-PR Stock held indirectly by IAI through IRI, and (c) 338,887 shares of Class I Stock and 834,415 shares of Class E Stock held directly by IGP+. Line 11 is based on a total of 22,967,591 shares of Common Stock issued and outstanding as of August 1, 2025.

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

Invesco Real Estate Income Trust Inc.

(b)

Address of issuer's principal executive offices:

2300 N. Field Street, Suite 1200, Dallas, Texas, 75201

Item 2.

(a)

Name of person filing:

This Schedule 13G is jointly filed by Invesco Advisers, Inc. (IAI) and Invesco Ltd (IVZ and, together with IAI, the Reporting Persons). IAI is an investment adviser. IVZ is parent holding company control person.

(b)

Address or principal business office or, if none, residence:

1331 Spring St. NW Suite 2500, Atlanta, GA 30309

(c)

Citizenship:

IAI is a corporation incorporated under the laws of Delaware. IVZ is a company organized under the laws of Bermuda.

(d)

Title of class of securities:

Class I Common Stock, par value $0.01 per share

(e)

CUSIP No.:

46144C301

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

The Reporting Persons beneficially own, in the aggregate, 2,602,220 shares of Common Stock.

(b)

Percent of class:

11.3 %

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

(ii) Shared power to vote or to direct the vote:

2,602,220

(iii) Sole power to dispose or to direct the disposition of:

(iv) Shared power to dispose or to direct the disposition of:

2,602,220

Item 5.

Ownership of 5 Percent or Less of a Class.

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.

Securities reported on this Schedule 13G are beneficially owned by investment advisory clients which may include investment companies registered under the Investment Company Act and/or other separately managed accounts. IGP+, which is advised by IAI, and IRI, which is wholly owned by IAI, each beneficially owns over 5%.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

See Cover Page

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Invesco Advisers, Inc.

Signature:	/s/ Tina Carew
Name/Title:	Tina Carew/Attorney-in-Fact*
Date:	08/14/2025

Invesco Ltd.

Signature:	/s/ Tina Carew
Name/Title:	Tina Carew/Attorney-in-Fact* *
Date:	08/14/2025

Comments accompanying signature: * Pursuant to a power of attorney which is incorporated herein by reference to Exhibit 24.2 to the Form 3 filed by the Reporting Person on April 26, 2024. ** Pursuant to a power of attorney which is incorporated herein by reference to Exhibit 24.3 to the Form 3 filed by the Reporting Person on April 26, 2024.