Ares REIT July NAV per share rises to $7.7835; monthly distribution increased to $0.03450

Ares Real Estate Income Trust Inc.

NAV per Fund Interest up 0.74% from $7.7262 (June 30) to $7.7835 (July 31).
Monthly gross distribution raised to $0.03450/share (+3.5%) from $0.03333/share paid since July 2023.
Portfolio: 129 properties, 25.3M sq ft, 94.6% leased; leverage ratio 35.8%.
QTD gross proceeds raised $91.1M; July redemptions $14.5M fully paid Aug 1.
Total investments $7.07B; aggregate fund NAV $2.61B.

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