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Exhibit 21.1

LIST OF SUBSIDIARIES

Name						Jurisdiction of Organization
HGIT Properties LP						Delaware
Hines GREIT II Ireland Fund Irish Collective Asset-Management Vehicle						Ireland
HGREIT II Bishops Holdings LLC						Delaware
HGREIT II Cottonwood Center LLC						Delaware
HGREIT II Goodyear Crossing LLC						Delaware
HGREIT II Montrose LLC						Delaware
HGREIT II Montrose OpCo LLC						Delaware
HGREIT II Montrose Services LLC						Delaware
HGREIT II Reading LLC						Delaware
HGREIT II Reading LP						Delaware
HGREIT II Reading Student Housing B.V.						Netherlands
HGREIT II Reading Student Housing Operations B.V.						Netherlands
Hines Global REIT II Services Holdings, Inc.						Delaware
HGREIT II Reading Services, Inc.						Delaware
HGREIT II Reading, Inc.						Delaware
HGR II International Investment Manager LLC						Delaware
Hines Global Income Investments, Inc.						Delaware
HGIT Fresh Park Partner LLC						Delaware
HGIT Fresh Park Venlo Holdings LLC						Delaware
HGIT Venrayseweg 100 Venlo Cooperatief U.A.						Netherlands
HGIT Maintal LLC						Delaware
HGIT ABC Westland Partner LLC						Delaware
HGIT ABC Westland Holdings LLC						Delaware
HGIT ABC Westland 200 Poeldijk Cooperatief U.A.						Netherlands
HGIT Briargate LLC						Delaware
HGIT Łòdź LLC						Delaware
DP Łòdź City sp. z o.o.						Poland
HGIT Gdańsk LLC						Delaware
HGIT Gdańsk DP I sp. z o.o.						Poland
DP Gdansk sp. z o.o.						Poland
HGIT Glasgow LLC						Delaware
HGIT Glasgow Limited						England and Wales
HGIT Glasgow Services, Inc.						Delaware
HGIT Bristol Limited						England and Wales
HGIT Milton Keynes Limited						England and Wales
HGIT UK Logistics LP						Delaware
HGIT UK Logistics GP LLC						Delaware
HGIT 4700 Berwyn LLC						Delaware
HGIT Janki LLC						Delaware

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Exhibit 21.1

DP Janki sp. z o.o.						Poland
HGIT Edinburgh Limited						England and Wales
HGIT Wakefield Limited						England and Wales
HGIT Madrid Airport Logistics LLC						Delaware
HGIT Bassett Campus LP						Delaware
HGIT Bassett Campus GP LLC						Delaware
HGIT Patrick Henry LP						Delaware
HGIT Patrick Henry GP LLC						Delaware
HGIT Schertz Parkway GP LLC						Delaware
HGIT Schertz Parkway LP						Delaware
HGIT 900 Patrol Road LLC						Delaware
HGIT Coventry Limited						England and Wales
FPV Services LLC						Delaware
FPV Solar Cooperatief U.A.						Netherlands
HGIT 1015 Half Street LLC						Delaware
HGIT 50 Park Row West LLC						Delaware
HGIT 2501 West Bradley LLC						Delaware
HGIT 3401 Empire Ave LLC						Delaware
HGIT 3401 Empire Ave REIT 1 LLC						Delaware
HGIT 3401 Empire Ave REIT 2 LLC						Delaware
HGIT 3401 Empire Ave Owner LLC						Delaware
HGIT 3401 Empire Ave Studios LLC						Delaware
HGIT Activity Road GP LLC						Delaware
HGIT Activity Road LP						Delaware
HGIT Bradley Center 1 LLC						Delaware
HGIT Bradley Center 2 LLC						Delaware
HGIT Eastgate Park LLC						Delaware
HGIT Historic Decatur Rd LLC						Delaware
HGIT Historic Decatur GP LLC						Delaware
HGIT Historic Decatur Holdings LLC						Delaware
HGIT Historic Decatur LP						Delaware
HGIT Waypoint GP LLC						Delaware
HGIT Waypoint LP						Delaware
HGIT 1315 N. North Branch LLC						Delaware
HGIT 828 N 10th Place LLC						Delaware
HGIT 302 Colonades Way LLC						Delaware
HGIT Coral Gables LLC						Delaware
HGIT Nashville Self Storage LLC						Delaware
HGIT 80 Broadway Street LLC						Delaware
HGIT 1030 NE Main Street LLC						Delaware
HGIT 1025 NE Main Street LLC						Delaware
HGIT 4205 S Miami Blvd LLC						Delaware

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Exhibit 21.1

HGIT 9157 Mink Street SW LLC						Delaware
HGIT Central City Coventry Limited						England and Wales
Hines UK Holdings LLC						Delaware
HGIT UK REIT HoldCo 1 Limited						Jersey
HGIT UK REIT HoldCo 2 Limited						Jersey
HGIT UK REIT HoldCo 3 Limited						Jersey
HGIT UK REIT HoldCo 4 Limited						Jersey
HGIT UK REIT HoldCo 5 Limited						Jersey
HGIT UK REIT HoldCo 6 Limited						Jersey
HGIT UK REIT HoldCo 7 Limited						Jersey
HGIT UK REIT HoldCo 8 Limited						Jersey
HGIT UK REIT HoldCo 9 Limited						Jersey
HGIT UK REIT HoldCo 10 Limited						Jersey
HGIT UK REIT HoldCo 11 Limited						Jersey
HGIT UK REIT Limited						Jersey
HGIT Logistics HoldCo Limited						England and Wales
HGIT Student HoldCo Limited						England and Wales
HGIT 200 Park Place LeaseCo, LLC						Delaware
HGIT 200 Park Place Depositor, LLC						Delaware
HGIT Master Tenant Holdings, LLC						Delaware
Hines Real Estate Exchange, LLC						Delaware
HREX Multifamily I, DST (f/k/a HGIT 165 N Des Plaines LLC)						Delaware
HREX Multifamily I Depositor, LLC						Delaware
HREX Multifamily I LeaseCo, LLC						Delaware
HREX Multifamily II, DST (f/k/a HGIT 5865 Trinity Parkway LLC)						Delaware
HREX Multifamily II Depositor, LLC						Delaware
HREX Multifamily II LeaseCo, LLC						Delaware
HREX Multifamily III, DST (f/k/a HGIT 715 West Julian LP)						Delaware
HREX Multifamily III Depositor, LLC						Delaware
HREX Multifamily III LeaseCo, LP						Delaware
HREX Multifamily III LeaseCo GP, LLC						Delaware
HREX 5, DST						Delaware
HREX RC, DST (f/k/a HGREIT II Edmondson Road LLC)						Delaware
HREX RP, DST (f/k/a HGREIT II Madison Road LLC)						Delaware
HREX 5 LeaseCo, LLC						Delaware
HREX 5 Depositor, LLC						Delaware