Home News RREEF Property Trust Reports Daily NAVs for October 2021

RREEF Property Trust Reports Daily NAVs for October 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 share valuation overview for the month of October.

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 share valuation overview for the month of October in a filing with the Securities and Exchange Commission.

During October 2021, the NAV per share increased approximately 1.1 percent for each share class, which the company attributed to an approximate 0.4 percent increase in the value of its real estate property portfolio combined with an approximate 8.7 percent increase in the value of its real estate equity securities portfolio.

Class A shares had an NAV per share of $15.67 on October 1st and were valued at $15.82 on October 29th.

Class I shares had an NAV per share of $15.76 on October 1st and were valued at $15.91 on October 29th.

Class T shares had an NAV per share of $15.71 on October 1st and were valued at $15.86 on October 29th.

Class D shares had an NAV per share of $15.75 on October 1st and were valued at $15.91 on October 29th.

Class N shares had an NAV per share of $15.70 on October 1st and were valued at $15.85 on October 29th.

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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