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RREEF Property Trust Reports Daily NAVs for August 2021

REEF Property Trust has reported a monthly share valuation overview in a filing with the Securities and Exchange Commission.

REEF Property Trust Inc. (NASDAQ: ZRPTAX; ZRPTIX; ZRPTTX), a publicly registered daily net asset value real estate investment trust advised by DWS Group, has reported a monthly share valuation overview in a filing with the Securities and Exchange Commission.

During August 2021, the NAV per share increased approximately 0.5 percent to 0.6 percent for each share class, which the company attributed to a roughly 0.4 percent increase in the value of its real estate property portfolio, combined with an approximate 2.7 percent increase in the value of its real estate equity securities portfolio.

Class A shares had an NAV per share of $15.32 on August 2nd and were valued at $15.41 on August 31st.

Class I shares had an NAV per share of $15.41 on August 2nd and were valued at $15.50 on August 31st.

Class T shares had an NAV per share of $15.36 on August 2nd and were valued at $15.45 on August 31st.

Class D shares had an NAV per share of $15.40 on August 2nd and were valued at $15.49 on August 31st.

Class N shares had an NAV per share of $15.35 on August 2nd and were valued at $15.44 on August 31st.

Class A and Class T shares are available to the general public, and Class I are available through fee-based programs and to institutional investors. Class D shares are currently being offered through a private placement offering, and Class N shares are not available for purchase except through the REIT’s distribution reinvestment plan.

As of the second quarter of 2021, the REIT’s real estate portfolio included 14 properties totaling nearly 1.7 million square feet and valued at $412.4 million. The REIT’s real estate securities portfolio consisted of publicly traded common stock of 33 REITs with a value of nearly $25.3 million.

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