Ares Real Estate Income Trust May NAV per share $7.7039, up from $7.6735 in April

Ares Real Estate Income Trust Inc.

Aggregate Fund NAV rose to $2.58B from $2.58B; total Fund Interests 335,231.
Portfolio: 130 properties, 25.3M sq ft, 94.9% leased; leverage ratio 36.5%.
Quarter-to-date gross proceeds $203.8M; redemptions for Apr/May totaled $19.5M.
Monthly distribution $0.03333 per share for May 2025 paid on May 30.

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