RREEF Property Trust’s Board of Directors approved a plan for complete liquidation and dissolution. The DWS-advised, non-listed real estate investment trust will voluntarily sell all company assets. Stockholders must now approve the proposed plan.
Management cited heightened redemption activity as the primary driver for winding down operations. The decision reflects broader liquidity pressures currently impacting the non-listed REIT industry.
The company’s largest share class generated 6.35% annualized total returns since inception. Annualized monthly distributions ranged from 5.1% to 6.9% across all share classes over the last two years.