Ares Real Estate Income Trust Inc. (ZARE) reported NAV of $8.2841 per Fund Interest as of September 30, 2026, versus $8.2769 as of August 31, 2026. The November 1, 2026 transaction price for each share class equals NAV as of September 30, 2026. Aggregate Fund NAV was $3,953.428 million across 477,231 Fund Interests.
At quarter-end, its portfolio included 170 properties totaling 35.781 million square feet and was 95% leased; leverage was 35%, and the weighted-average interest rate on consolidated borrowings was 4.97%. During the quarter, it acquired nine retail, four industrial, four residential and one self-storage property for an aggregate contractual purchase price of $1.1 billion, and sold part of one industrial property for a contractual sales price of $5 million. It authorized and paid a September 2026 gross distribution of $0.03583 per share. NAV excludes approximately $105 million of estimated ongoing distribution fees potentially payable, includes no discount for share illiquidity, and generally does not reflect potential property exit costs.
Ares Real Estate Income Trust Inc. issued 1,237,828 Class S-PR shares for gross proceeds of $10,331,500 and 1,576,662 Class I-PR shares for gross proceeds of $13,049,874 on October 1, 2026. The transactions were exempt from Securities Act registration pursuant to Regulation D. The share and proceeds figures include activity from the distribution reinvestment plan; Class S-PR gross proceeds include $86,125 in upfront selling commissions and dealer manager fees.
Ares Real Estate Income Trust Inc. (ZARE) reported an Aggregate Fund NAV of $3.94 billion as of August 31, 2026, up from $3.91 billion a month earlier, and a NAV per Fund Interest of $8.2769 versus $8.2554 on July 31, 2026.
Total investments were $10.21 billion, primarily in diversified U.S. real estate, including residential, industrial, retail, office and other properties, plus real estate debt, joint ventures and DST Program Loans. The portfolio comprised 168 properties totaling about 35 million square feet, 95% leased as of August 31, 2026.
The company reported a leverage ratio of 34% and disclosed estimated potential future distribution fees of about $105 million, which are not deducted in its NAV methodology. For August 2026, it authorized a monthly gross distribution of $0.03583 per share and quarter‑to‑date gross capital raises of about $145 million, versus redemptions of $19 million for July and August.
Ares Real Estate Income Trust Inc. (ZARE) reported unregistered sales of equity securities under Regulation D on September 1, 2026. The Company issued 1,254,839 Class S-PR shares for gross proceeds of $10,444,590 and 1,206,139 Class I-PR shares for gross proceeds of $9,957,157.
The share and proceeds figures for both classes include activity from the distribution reinvestment plan, and gross proceeds for Class S-PR shares include upfront selling commissions and dealer manager fees totaling $85,397.
Ares Real Estate Income Trust Inc. updated its net asset value (NAV), portfolio metrics and activity as of July 31, 2026. Aggregate Fund NAV was $3,909,724,000, compared with $3,888,502,000 as of June 30, 2026. NAV per Fund Interest was $8.2554 across all share classes and OP Units, up from $8.2229 a month earlier.
The portfolio consisted of 165 properties totaling about 34 million square feet in 34 U.S. markets, reported as 95% leased. Total investments (real estate, debt and DST-related loans) were $9,813,924,000, partly funded by debt, financing obligations and other liabilities, resulting in a reported leverage ratio of 32%.
For July 2026, the trust authorized a monthly gross distribution of $0.0345 per share for each share class. Quarter‑to‑date through July 31, 2026, it raised about $102 million of gross proceeds, including $11 million of DST Interests financed by DST Program Loans, and fulfilled common stock and OP Unit redemptions totaling $9 million.
Ares Real Estate Income Trust Inc., a Maryland corporation based in Denver, filed an amended notice of an exempt equity offering under Regulation D Rule 506(b). This amendment reports that a total of $715,083,181 of securities has been sold since the first sale on 2024-09-01, while the overall offering amount remains indefinite.
Ares Management Capital Markets LLC is listed for sales compensation, with potential upfront commissions and fees of up to 3.5% of the offering price and ongoing distribution fees of up to 0.85% of net asset value per year, depending on share class. The filing reports $0 in finders’ fees.
Ares Real Estate Income Trust Inc. reported higher revenue but continued losses for the six months ended June 30, 2026. Total revenues rose to $296.3 million from $234.7 million a year earlier, driven mainly by rental revenue of $278.0 million. Net loss attributable to common stockholders narrowed to $35.0 million, or $0.16 per share, compared with $40.6 million, or $0.23 per share, in the prior-year period.
Total assets increased to $7.68 billion, with net investment in real estate properties of $6.41 billion. The company acquired ten properties for $273.6 million and sold one retail property for $3.8 million, recording a $3.9 million impairment before sale. Investments in unconsolidated joint ventures rose to $532.9 million, generating $73.7 million of income. Debt, net, declined to $2.54 billion, while financing obligations tied to the DST program increased to $2.60 billion as DST Interests sold reached $676.5 million in the first half. The trust raised $171.2 million of common equity through continuous offerings and an additional $200.0 million via private Class B placements with affiliates, and it remained in compliance with all debt covenants.
Ares Real Estate Income Trust Inc. increased the monthly gross distribution rate on all classes of its common stock. Beginning with August 2026, the monthly gross distribution will be $0.03583 per share, up from $0.03450 per share that has been paid since July 31, 2025.
The new gross distribution will be paid to stockholders of record on August 31, 2026 and September 30, 2026, with payments occurring on or about the last business day of each month. For Class T-R, Class S-R, Class D-R, Class S-PR and Class D-PR shares, the amount received by investors will be reduced by the applicable distribution fees. The company states there can be no assurance this higher distribution rate will be maintained in future periods.
Ares Real Estate Income Trust Inc. director John P. Woodberry reported an acquisition of 9,120.870 shares of Class I-R common stock in the form of restricted stock units. These units were awarded to him and are subject to specified vesting and settlement provisions. After including this award and additional shares credited through dividend equivalents on outstanding restricted stock units, his direct holdings total 74,920.559 shares of common stock.
Sanchez Bryan B. reported acquisition or exercise transactions in this Form 4 filing.
Ares Real Estate Income Trust Inc. reported that director Bryan B. Sanchez received a grant of 9,120.870 shares of Class I-R Common Stock in the form of restricted stock units on 2026-08-06. The award has a stated price of $0.0000 per share and is subject to specified vesting and settlement provisions. Following this award, Sanchez directly holds 9,120.870 restricted stock units.