secwatch.observer — SEC 8-K summary
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Issuer:     ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. (—)
CIK:        0001625941
Form:       8-K
Filed at:   2024-11-15T23:59:59+00:00
Accession:  0001625941-24-000094
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Co-Chairman Merriman to retire Feb 2025; Oct NAV per share $12.66, up from $12.62
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- Dwight L. Merriman III to retire as Co-Chairman and director effective Feb 1, 2025; not due to disagreement.
- NAV per Fund Interest Oct 31: $12.6558, up 0.26% from Sep 30 $12.6234.
- Aggregate Fund NAV $4.042B; portfolio 92.7% occupied, 94.9% leased, 54.3M sq ft in 30 markets.
- Oct redemptions $20.3M redeemed in full; QTD gross proceeds $19.8M, including DRIP and DST sales.
- Monthly distribution $0.05 per share authorized for Oct 2024, paid to record holders Oct 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625941/000162594124000094/0001625941-24-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625941/000162594124000094/aire-20241031x8k.htm
  HTML page:      https://secwatch.observer/filing/0001625941-24-000094

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer