Company News »

Deutsche Asset & Wealth Management’s RREEF Property Trust Obtains NASDAQ Ticker Symbols

Business Wire
Share on StockTwits
Published on

Deutsche Asset & Wealth Management (Deutsche AWM) today announced its non-traded, daily-valued real estate investment trust, RREEF Property Trust, Inc. (RPT) has been granted NASDAQ ticker symbols “ZRPTAX” and “ZRPTBX” for its Class A and Class B shares, respectively.

As a result of obtaining NASDAQ ticker symbols, RPT’s investors are able to view daily pricing and corporate action data on the NASDAQ Mutual Fund Quotation Service (“MFQS”), as well as from other market data vendors.

“The ability to acquire NASDAQ tickers for RREEF Property Trust Inc.’s Class A and B shares indicates the industry’s recognition of these types of investment structures,” said Todd Henderson, Head of Real Estate, Americas at Deutsche Asset & Wealth Management. “This is a testament of Deutsche AWM’s ability to deliver an institutional-quality, direct property strategy to individual investors who seek real assets to further diversify their portfolios.”

RREEF Property Trust

RREEF Property Trust is a publicly registered, non-traded, daily NAV company that intends to qualify as a real estate investment trust. RREEF Property Trust employs a blended strategy that includes commercial real estate, publicly-traded real estate securities, real estate-related debt and cash and cash equivalents. RREEF Property Trust targets investments in income-producing properties with established cash flow and the potential for value appreciation. RREEF Property Trust focuses primarily on U.S. commercial real estate assets selected from the industrial, retail, office, and multifamily sectors. To learn more about RREEF Property Trust, go to www.rreefpropertytrust.com.

RREEF America L.L.C. is the sponsor and advisor of RREEF Property Trust. RREEF America L.L.C., together with its affiliates in Europe and Asia comprise the global real estate investment business of Deutsche Asset & Wealth Management (formerly RREEF Real Estate), a division of Deutsche Bank A.G., or Deutsche Bank.

Deutsche Asset & Wealth Management – Real Estate

Deutsche Asset & Wealth Management’s real estate investment business has been investing in real estate assets for more than 40 years. As part of the Alternatives and Real Assets platform, this business today has more than 450 employees around the world and US$48.2 /EUR35.2 billion in assets under management as of June 30, 2014, and offers a diverse range of strategies and solutions across the risk/return and geographic spectrums, including core and value-added real estate, real estate securities, real estate debt and opportunistic real estate. The real estate investment business employs a disciplined investment approach and aims to deliver superior long-term risk adjusted returns, preservation of capital and diversification to its investors, which include governments, corporations, insurance companies, endowments, retirement plans, and private clients worldwide. To learn more about Deutsche Asset & Wealth Management’s real estate investment capabilities, go to www.rreef.com

Deutsche Asset & Wealth Management

With $1.31 trillion of assets under management (as of June 30, 2014), Deutsche Asset & Wealth Management^1 is one of the world’s leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.

^1 Deutsche Asset & Wealth Management represents the asset management and wealth management activities conducted by Deutsche Bank AG or any of its subsidiaries. Clients will be provided Deutsche Asset & Wealth Management products or services by one or more legal entities that will be identified to clients pursuant to the contracts, agreements, offering materials or other documentation relevant to such products or services. I-036000-1.0

Share on StockTwits


Iron FX 1.11156/1.11128 2.8
XM Markets 1.09948/1.09928 2
FxPro 1.10184/1.10171 1.3
FXCM 1.13943/1.13912 3.1