other material
confidence medium
sentiment neutral
materiality 0.50
Ares Real Estate Income Trust intends to start a perpetual private stock offering
Ares Real Estate Income Trust Inc.
- Company plans perpetual private offering of common stock, primary and DRIP components.
- Multiple classes offered with different upfront selling commissions, dealer manager fees, and ongoing distribution fees.
- Per-share purchase price equals monthly NAV plus applicable upfront fees.
- Shares are unregistered and exempt from Securities Act registration.
- Offering commencement subject to market and regulatory conditions.