Ares Industrial Real Estate Income Trust Inc is an externally managed net asset value-based REIT that invests predominantly in real estate. The REIT provides investors with an attractive real estate investment solution and strives to maximize capital appreciation and monthly income from its portfolio of industrial properties situated across key logistics markets in the US. Typically these properties are leased on long-term lease agreements.
As of July 2, 2025, the REIT owned 129 properties totaling 25.3 million square feet with rental revenues totaling $4.6 billion and occupancy rates exceeding 94.6 percent.
The REIT derives its rental income from various sources. Most of it comes from storage and distribution facilities. Other major components in its portfolio are office and retail properties. As of June 30, 2025, the REIT held approximately 13% of its assets as debt-related investments totalling $5.3 billion.
Ares Industrial Real Estate Income Trust has seen its share price soar over 60% this year while its NAV per share rose just under 40%, due to rising discount rates due to interest rate increases across the economy and outperforming property types for valuation gains. Industrial assets also saw greater valuation gains.
Investors should keep in mind that the NAV of a REIT may fluctuate due to fluctuating market prices, meaning its NAV may differ dramatically from day to day. Therefore, investors must review its financial statements and NAV regularly in order to have an accurate picture of its current financial standing.
REITs must file quarterly and annual reports as well as offering prospectuses with the Securities and Exchange Commission (SEC), which you can find using EDGAR system of SEC. You can search EDGAR free-of-charge for these documents by searching by name or industry; alternatively you can also verify registration of non-traded REITs using this database.
Buying AREIT shares is easy and can be accomplished through either a transactional or broker-dealer account, depending on which share class is of interest to you. Each class – Class A to Class T – carries with them its own fees and requirements, which are detailed below in Table 5.
Ares Management is an industry-leading global alternative investment manager with total assets under management of $378 billion as of 2023. They operate businesses in real estate, infrastructure, credit and private equity – as well as distribution of REITs on behalf of Ares (including non-listed REITs and Delaware Statutory Trusts (DSTs). Their team of seasoned investment professionals possess in-house development expertise for real estate development as well as deep relationships and proprietary sourcing capabilities for asset sourcing purposes.