Ares Real Estate Income Trust (ZARE) Operating Leases (2010 - 2026)

Ares Real Estate Income Trust (ZARE) recorded quarterly Operating Leases of $182.5 million in Q1 2026, down 2.45% quarter-over-quarter from $187.1 million in Q4 2025, and up 310.72% on a YoY basis from $44.4 million in Q1 2025.

Ares Real Estate Income Trust (ZARE) Operating Leases (2010 - 2026) Analysis & Trends

Ares Real Estate Income Trust's Operating Leases history runs 17 years deep, the most recent figure standing at $182.5 million for Q1 2026.

  • In Q1 2026, Operating Leases rose 310.72% year-over-year to $182.5 million; the TTM figure through Mar 2026 stood at $182.5 million (up 310.72% YoY), while the FY2025 annual figure was $187.1 million, up 305.77% from the prior year.
  • Operating Leases was $182.5 million for Q1 2026 at Ares Real Estate Income Trust, down from $187.1 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $187.1 million in Q4 2025 to a low of $35.5 million in Q3 2024.
  • Historically, Operating Leases has averaged $59.2 million across 5 years, with a median of $43.7 million in 2022.
  • The sharpest annual moves came in 2023 and 2026: Operating Leases slipped 20.77% in 2023, then jumped 310.72% in 2026.
  • A 5-year view of Operating Leases shows it stood at $42.4 million in 2022, then slipped by 12.64% to $37.1 million in 2023, then grew by 24.32% to $46.1 million in 2024, then soared by 305.77% to $187.1 million in 2025, then dropped by 2.45% to $182.5 million in 2026.
  • The last three Operating Leases figures came in at $182.5 million (Q1 2026), $187.1 million (Q4 2025), and $54.5 million (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 182.48 Mn
Dec 31, 2025 187.05 Mn
Sep 30, 2025 54.46 Mn
Jun 30, 2025 46.22 Mn
Mar 31, 2025 44.43 Mn
Dec 31, 2024 46.10 Mn
Sep 30, 2024 35.49 Mn
Jun 30, 2024 36.90 Mn
Mar 31, 2024 36.05 Mn
Dec 31, 2023 37.08 Mn
Sep 30, 2023 37.93 Mn
Jun 30, 2023 39.11 Mn
Mar 31, 2023 40.23 Mn
Dec 31, 2022 42.44 Mn
Sep 30, 2022 43.65 Mn
Jun 30, 2022 46.61 Mn
Mar 31, 2022 50.78 Mn
Dec 31, 2021 47.50 Mn
Sep 30, 2021 51.54 Mn
Jun 30, 2021 47.51 Mn