At a glance
- The industrial vehicle took roughly 59% of the combined raise, leaving $284 million for Ares Real Estate Income Trust and Invesco Real Estate Income Trust Inc.
- The three vehicles paid every third-quarter repurchase request in full, redeeming about $117 million, according to our records.
- Cantor Fitzgerald Income Trust prorated repurchase requests for a tenth consecutive month, our tracking shows.
Ares Industrial Real Estate Income Trust raised $408 million of the $692 million that three Ares and Invesco nontraded REITs collected in the third quarter, our tracking shows. The industrial vehicle took roughly 59% of the combined raise, leaving $284 million for Ares Real Estate Income Trust and Invesco Real Estate Income Trust Inc.
The three vehicles paid every third-quarter repurchase request in full, redeeming about $117 million, according to our records. After those redemptions, the group still added roughly $575 million net, meaning repurchase requests equaled about 17% of the quarter's gross inflows.
Cantor Fitzgerald Income Trust prorated repurchase requests for a tenth consecutive month, our tracking shows.
Reported by The Wrap desk from our tracking. Published . Corrections