Ares Real Estate Income Trust Nov 30 NAV $7.5396 per share, up from $7.5083; portfolio 94.3% leased

Ares Real Estate Income Trust Inc.

Aggregate Fund NAV $2.57B as of Nov 30, up from $2.36B on Oct 31; total Fund Interests 340.99M.
Issued 28.2M OP Units in exchange for DST Interests for $211.5M during November 2024.
Gross proceeds raised quarter-to-date through Nov 30: $125.7M; redemptions $29.5M for Oct/Nov.
Portfolio: 109 properties, 21.7M sq ft, 94.3% leased; leverage ratio 37.0%.
Monthly distribution declared $0.03333 per share for November 2024.

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