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RREEF Property Trust Reports Daily NAVs for July 2021

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.

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 July 2021, the NAV per share increased approximately 1.0 percent to 1.1 percent for each share class, which the company attributed to a roughly 0.5 percent increase in the value of its real estate property portfolio, combined with an approximate 5.7 percent increase in the value of its real estate equity securities portfolio.

Class A shares had an NAV per share of $15.16 on July 1st and were valued at $15.32 on July 30th.

Class I shares had an NAV per share of $15.25 on July 1st and were valued at $15.41 on July 30th.

Class T shares had an NAV per share of $15.20 on July 1st and were valued at $15.36 on July 30th.

Class D shares had an NAV per share of $15.24 on July 1st and were valued at $15.40 on July 30th.

Class N shares had an NAV per share of $15.19 on July 1st and were valued at $15.35 on July 30th.

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 first quarter of 2021, the REIT’s real estate portfolio included 14 properties totaling nearly 1.7 million square feet and valued at $404.2 million. The REIT’s real estate securities portfolio consisted of publicly traded common stock of 34 REITs with a value of $22.1 million.

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