---
schema_version: "secwatch.filing_event.v1"
accession: "0001327978-24-000063"
form_type: "8-K"
ticker: "ZARE"
cik: "0001327978"
company_name: "Ares Real Estate Income Trust Inc."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T19:36:36.875104+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Ares Real Estate Income Trust NAV per share falls to $7.6794 as of April 30, 2024

## Summary
- NAV per share across all classes: $7.6794, down from $7.6998 at March 31, 2024.
- Portfolio: 99 properties, 20.1M sq ft, 95.2% leased; leverage ratio 36.1%.
- Quarter-to-date gross proceeds raised ~$52.0M; redemptions in April totaled $20.7M.
- Issued 11.3M OP Units in exchange for DST Interests net investment $88.8M in April.
- Weighted-average exit cap rate 5.9% and discount rate 7.3% used in real property valuations.

## SEC filing metadata
- accession: 0001327978-24-000063
- form_type: 8-K
- ticker: ZARE
- cik: 0001327978
- company_name: Ares Real Estate Income Trust Inc.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327978/000132797824000063/0001327978-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327978/000132797824000063/are-20240430x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327978-24-000063
- JSON: https://secwatch.observer/filing/0001327978-24-000063.json
- Plain text: https://secwatch.observer/filing/0001327978-24-000063.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.