other_material
confidence high
sentiment neutral
materiality 0.45
Ares Industrial REIT NAV per share rises to $12.95 as of May 31, 2025; portfolio 94.6% occupied
ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.
- NAV per share $12.9500 across all classes, up from $12.9180 on April 30, 2025.
- Portfolio: 258 industrial buildings, 55.3M sq ft, 94.6% occupied (95.4% leased) as of May 31, 2025.
- Leverage ratio 45.4%; monthly gross distribution $0.05 per share authorized for May 2025.
- Quarter-to-date through May 31 raised $92.4M in gross proceeds; redemptions of $69.0M for April and May.
- Aggregate Fund NAV $4.66B vs $4.65B in prior month; total interests outstanding 359,920.
item 8.01item 9.01