Ares Real Estate Income Trust (ZARE) Capital Expenditures (2010 - 2026)

Ares Real Estate Income Trust (ZARE) recorded quarterly Capital Expenditures of $11.2 million in Q1 2026, down 47.55% quarter-over-quarter from $21.4 million in Q4 2025, and down 63.54% on a YoY basis from $30.8 million in Q1 2025.

Ares Real Estate Income Trust (ZARE) Capital Expenditures (2010 - 2026) Analysis & Trends

Ares Real Estate Income Trust's Capital Expenditures history runs 17 years deep, the most recent figure standing at $11.2 million for Q1 2026.

  • In Q1 2026, Capital Expenditures fell 63.54% year-over-year to $11.2 million; the TTM figure through Mar 2026 stood at $28.1 million (down 61.54% YoY), while the FY2025 annual figure was $47.6 million, down 14.3% from the prior year.
  • Capital Expenditures was $11.2 million for Q1 2026 at Ares Real Estate Income Trust, down from $21.4 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $812.1 million in Q2 2022 to a low of -$1.2 billion in Q3 2022.
  • Historically, Capital Expenditures has averaged $32.4 million across 5 years, with a median of $16.2 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Capital Expenditures sank 727.4% in 2022, then surged 1520.45% in 2023.
  • A 5-year view of Capital Expenditures shows it stood at $8.6 million in 2022, then soared by 1520.45% to $139.8 million in 2023, then slumped by 294.6% to -$272.0 million in 2024, then surged by 107.86% to $21.4 million in 2025, then slumped by 47.55% to $11.2 million in 2026.
  • The last three Capital Expenditures figures came in at $11.2 million (Q1 2026), $21.4 million (Q4 2025), and -$256.1 million (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

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DateValue
Mar 31, 2026 11.21 Mn
Mar 31, 2026 11.21 Mn
Dec 31, 2025 21.38 Mn
Dec 31, 2025 21.38 Mn
Sep 30, 2025 -256.14 Mn
Sep 30, 2025 -256.14 Mn
Jun 30, 2025 251.63 Mn
Jun 30, 2025 251.63 Mn
Mar 31, 2025 30.76 Mn
Mar 31, 2025 30.76 Mn
Dec 31, 2024 -272.05 Mn
Dec 31, 2024 -272.05 Mn
Sep 30, 2024 298.13 Mn
Sep 30, 2024 298.13 Mn
Jun 30, 2024 16.17 Mn
Jun 30, 2024 16.17 Mn
Mar 31, 2024 13.32 Mn
Mar 31, 2024 13.32 Mn
Dec 31, 2023 139.80 Mn
Dec 31, 2023 139.80 Mn