Ares Real Estate Income Trust issued 654,917 Class S-PR shares for $5.1M gross proceeds in exempt offering

Ares Real Estate Income Trust Inc.

Issued 654,917 Class S-PR shares from April 1 to June 2, 2025 under Regulation D exemption.
Gross proceeds were $5,105,218, including shares issued under distribution reinvestment plan.
Upfront selling commissions and dealer manager fees totaled $90,613.

item 3.02

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