Ares Real Estate Income Trust: updates NAV and portfolio as of Sep 30, 2026

What happened

• Ares Real Estate Income Trust Inc. filed a Current Report on Form 8-K to provide an update regarding its net asset value, assets and portfolio.
• The company reported an Aggregate Fund NAV of $3,953,428 and a monthly NAV per Fund Interest of $8.2841 as of Sep 30, 2026 (compared to $8.2769 as of Aug 31, 2026). The transaction price for Nov 1, 2026 is equal to each share class’s NAV per share as of Sep 30, 2026.
• With the approval of its board, the company engaged Altus Group U.S. Inc. as independent valuation advisor to assist with monthly real property valuations and related valuation procedures.

Key details

• Portfolio and leasing: 170 real estate properties totaling approximately 36,000,000 square feet in 35 markets, 95% leased as of Sep 30, 2026.
• Financing and liquidity: leverage ratio of 35% and weighted-average interest rate on consolidated borrowings of 4.97% as of Sep 30, 2026.
• Activity and proceeds: raised gross proceeds of approximately $183,000,000 for the quarter ended Sep 30, 2026; acquired 9 retail, 4 industrial, 4 residential and 1 self-storage property for an aggregate contractual purchase price of $1,100,000,000 during the three months ended Sep 30, 2026; sold part of one industrial property for $5,000,000.
• Distributions and fees: authorized monthly gross distributions of $0.03583 per share for Sep 2026; the filing notes an estimated $105,000,000 of ongoing distribution fees potentially payable (not deducted from NAV).

Why it may matter

• Item reported: Item 8.01 (Other events). The item covers the company’s NAV calculation and per-share NAV, valuation inputs and assumptions, third-party valuation advisor engagement, portfolio composition and leasing metrics, recent acquisitions and dispositions, financing and distribution information.
• This filing does not show why the insider traded or why the company acted.