other material
confidence high
sentiment neutral
materiality 0.40
Ares Real Estate Income Trust NAV rises to $8.2841/share; Q3 acquisitions total $1.1B
Ares Real Estate Income Trust Inc.
- NAV per fund interest rose to $8.2841 at Sept 30, 2026 from $8.2769 at Aug 31; Aggregate Fund NAV $3.95B on total investments of $10.47B.
- Portfolio spans 170 properties, ~36M sq ft in 35 U.S. markets, 95% leased; leverage 35% and weighted-average borrowing rate 4.97%.
- Q3 buys: nine retail, four industrial, four residential and one self-storage property for $1.1B contractual price; part of one industrial asset sold for $5M.
- Trailing-12-month rent growth on comparable commercial leases averaged 26% cash / 41% GAAP; industrial 33%/46%; residential rents fell 1%.
- Declared $0.03583/share monthly distribution for Sept 2026; Q3 gross proceeds raised ~$183M and $27M of redemptions for July-September.