Ares Industrial Real Estate Income Trust operates as a real estate investment trust (REIT). This REIT invests primarily in industrial properties such as warehouses and logistics real estate located throughout the United States.
The Company owns and manages 255 properties located primarily within Southern California’s market; most are over 90% leased. REIT owns non-operating assets acquired for long-term value creation purposes, and the Company’s Advisor has wide discretion in selecting real property or other real estate-related investments to acquire for REIT. Advisors often consider demographic data and trends when making such decisions, along with local and regional supply/demand dynamics; property-specific supply/demand characteristics and barriers to entry; economic, environmental, and other considerations as well as liquidity and income tax implications when making these important decisions. In making their recommendations on revenue and net operating income growth opportunities.
Investors can buy AREIT shares either through open market trading or private placements available to qualified investors. Owning these stocks requires payment of certain fees that form part of the overall cost associated with owning shares in an AREIT; investors should be mindful of these charges when planning their financial analysis of an investment decision in this asset class.
In its most recent quarter, AREIT reported an aggregate net asset value (NAV) of $4.07 billion as of April 30, 2024 – an increase of 7.4% year over year from its prior quarterly reporting. Furthermore, quarterly distributable cash flow reached $125 million, an increase of 21% over last quarter’s figure.
AREIT has seen its NAV increase due to higher rent growth than last year and lower interest expenses, as well as asset sales and refinancing transactions which reduced its debt-to-NAV ratio.
NAV of the company has been significantly diminished due to a one-time impairment charge incurred in 2024; however, future rental income growth and decreased interest expenses should offset any negative effect.
Ares Industrial Real Estate Income Trust is led by a team of professionals, who efficiently oversee its day-to-day operations and consistently deliver consistent cash flow to shareholders while creating value through active asset management and acquisitions. The team boasts a proven track record of producing consistent cash flow to shareholders while creating added value through active asset management and acquisitions.
As Ares Industrial Real Estate Income Trust is privately held, they do not need to disclose much information to the public; however, they provide several key metrics which investors will find beneficial.
Ares Industrial Real Estate Income Trust’s investor base includes both large institutional and retail investors, while individual investors may make direct investments through either its private offerings or wealth management firms. Individuals can also access private real estate funds online platforms such as Moonfare and Gridline while Alternatives Investor offers an interactive database for comparing and analyzing performance across fund types.