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      DWS to Liquidate US Property Fund Amid Redemption Pressures

      DWS, the asset management arm of Deutsche Bank, has announced the liquidation of its RREEF Property Trust, a real estate investment trust (REIT) managing approximately $337 million in assets across seven properties in five states in the United States. The decision, made on September 18, comes as the fund has struggled to meet increasing investor withdrawal requests, fulfilling only 67.6% of redemption requests in June 2026, leaving nearly a third of investors waiting for their exits.

      The board of RREEF Property Trust determined that an orderly liquidation would be the best course of action to optimize shareholder value under current market conditions. Following the announcement, the fund has suspended new share sales, its share redemption plan, and its distribution reinvestment plan. However, the liquidation will require approval from stockholders at a special meeting.

      Despite the challenges, RREEF's performance has not been entirely negative, with Class I shares delivering a 6.35% annualized total return since inception through August 31, 2026. Distribution yields have ranged from 5.1% to 6.9% over the past two years, indicating solid returns for a diversified fund that includes industrial, retail, residential, and office properties. This liquidation reflects broader trends in the REIT sector, as other funds, such as Blackstone's BREIT, have also faced significant redemption pressures in recent years.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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