{"filing":{"accession_number":"0001628280-26-040694","cik":"0001327978","ticker":"ZARE","company_name":"Ares Real Estate Income Trust Inc.","form":"8-K","filing_date":"2026-06-04","report_date":null,"primary_document":"are-20260529.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1327978/000162828026040694/are-20260529.htm"},"events":[{"id":6955,"run_id":6098,"accession_number":"0001628280-26-040694","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Ares Real Estate Income Trust entered into a subscription agreement on May 29, 2026, for Perigee SPV to purchase $100,000,000 of Class B common shares at NAV, and separately issued approximately $27.9 million in unregistered Class S-PR, Class D-PR, and Class I-PR shares pursuant to Regulation D exemption. These equity issuances, while exempt from registration, materially dilute existing shareholders' ownership percentages and voting power.","company_name":"Ares Real Estate Income Trust Inc.","ticker":"ZARE","filing_date":"2026-06-04","form":"8-K","submitted_at":null,"items":[{"id":4506,"accession_number":"0001628280-26-040694","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Company entered into a subscription agreement on May 29, 2026, pursuant to which Perigee SPV agreed to purchase $100,000,000 of Class B common shares at NAV. While the securities are issued to an affiliate of the Advisor and an institutional investor (exempt from registration under Section 4(a)(2)), this represents a substantial dilutive equity issuance that would materially affect existing shareholders' ownership percentages and voting power. The filing explicitly addresses ownership thresholds (25% and 4.90% limits) and redemption/repurchase mechanics, indicating material capital structure implications.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:24:09.798945+00:00","company_name":"","ticker":null,"filing_date":""},{"id":4507,"accession_number":"0001628280-26-040694","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses unregistered sales of equity securities (Class S-PR, Class D-PR, and Class I-PR shares) totaling approximately $27.9 million in gross proceeds, issued pursuant to Regulation D exemption from Securities Act registration. This is a classic dilutive issuance disclosure under Item 3.02, material to investors as it increases share count and dilutes existing shareholders' ownership.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:24:09.798945+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":4506,"accession_number":"0001628280-26-040694","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Company entered into a subscription agreement on May 29, 2026, pursuant to which Perigee SPV agreed to purchase $100,000,000 of Class B common shares at NAV. While the securities are issued to an affiliate of the Advisor and an institutional investor (exempt from registration under Section 4(a)(2)), this represents a substantial dilutive equity issuance that would materially affect existing shareholders' ownership percentages and voting power. The filing explicitly addresses ownership thresholds (25% and 4.90% limits) and redemption/repurchase mechanics, indicating material capital structure implications.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:24:09.798945+00:00","company_name":"Ares Real Estate Income Trust Inc.","ticker":"ZARE","filing_date":"2026-06-04"},{"id":4507,"accession_number":"0001628280-26-040694","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses unregistered sales of equity securities (Class S-PR, Class D-PR, and Class I-PR shares) totaling approximately $27.9 million in gross proceeds, issued pursuant to Regulation D exemption from Securities Act registration. This is a classic dilutive issuance disclosure under Item 3.02, material to investors as it increases share count and dilutes existing shareholders' ownership.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T05:24:09.798945+00:00","company_name":"Ares Real Estate Income Trust Inc.","ticker":"ZARE","filing_date":"2026-06-04"}]}