RREEF Property Trust Inc. (NASDAQ: ZRPTAX; ZRPTIX; ZRPTTX), a publicly registered daily net asset value real estate investment trust advised by DWS Group, has extended its public offering for an additional year to January 2023.
RREEF Property Trust invests primarily in income-producing commercial real estate located in the United States, including office, industrial, retail and apartment properties. The REIT also invests in the common and preferred stock of REITs and other real estate companies and debt investments backed principally by real estate.
The REIT’s initial public offering was declared effective in January 2013 and has raised $282.4 million in investor equity as of October 2021.
As of the third quarter of 2021, RREEF Property Trust’s real estate portfolio included 14 properties totaling nearly 1.7 million square feet and valued at $423.9 million. The REIT’s real estate securities portfolio consisted of publicly traded common stock of 31 REITs with a value of nearly $28.3 million.
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