Ares Real Estate Income Trust NAV per share declines to $7.4662 in August

Ares Real Estate Income Trust Inc.

NAV per share fell to $7.4662 (Aug 31) from $7.4965 (Jul 31); Aggregate Fund NAV $2.37B.
108 properties (21.1M sq ft) 94.5% leased; leverage ratio 38.6%.
Gross proceeds raised QTD through Aug 31: $124.7M; redemptions of $40.9M fully paid.
Originated one senior loan commitment of up to $29.4M in August.
Authorized $0.03333/share monthly distribution for August, paid Aug 30.

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