DWS’s RREEF Property Trust Names New CEO

REEF Property Trust Inc., a publicly registered daily net asset value real estate investment trust advised by DWS Group, has appointed a new chief executive officer.

RREEF Property Trust Inc. (NASDAQ: ZRPTAX; ZRPTIX; ZRPTTX), a publicly registered daily net asset value real estate investment trust advised by DWS Group, has appointed Anne-Marie Vandenberg as chief executive officer.

Vandenberg joined DWS in 2004 and has held several roles within the real estate business, including president and chief operating officer of RREEF Property Trust, portfolio manager of DWS’s defined contribution strategy and head of real estate capital markets of DWS, where she was responsible for asset and fund level financings across the Americas private real estate platform.

She will maintain her roles as president and director of the REIT, while Todd Henderson, who previously served as the CEO, will continue as chairman of the board.

“Under Anne-Marie’s leadership, RREEF Property Trust has never been better positioned. As the strategy hits the next phase of growth, I thought it timely to recommend to the board of directors that we make the full transition of daily responsibilities of the company to Anne-Marie,” said Todd Henderson, who also serves as global co-head of real estate, Americas, at DWS.

Earlier this year, the Institute for Portfolio Alternatives, an alternative investment industry trade group, elected Vandenberg as chair-elect for 2021.

She is a member of Urban Land Institute where she is a vice chair of the urban mixed use and development silver council. She is also a member of National Council of Real Estate Investment Fiduciaries and co-treasurer of the Defined Contribution Real Estate Council. Vandenberg holds a bachelor’s degree from Tulane University, a master’s degree in real estate finance from DePaul University, and a juris doctor from The John Marshall Law School.

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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