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RREEF Property Trust Approves Plan to Liquidate and Dissolve

Original source: Blue Vault Source published

Blue Vault reports that RREEF Property Trust's board approved a liquidation plan requiring shareholder approval. The DWS-advised nontraded REIT expects a special meeting in early 2027; approval would allow asset sales, settlement of obligations and eventual distributions of remaining proceeds.

The company suspended its offerings, redemptions and dividend reinvestment, while intending to maintain monthly distributions at the board's discretion during the approval process. The plan targets completion within two years after approval, but the source reports no estimate of shareholder proceeds or date for an initial liquidating payment.

Read the original at Blue Vault

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