DWS Deepens Its Stake in RREEF Property Trust
The move brings the European asset manager’s total ownership to roughly 12.7% of the REIT’s net asset value as it eyes a real estate recovery.
March 4, 2026

DWS Group, one of Europe’s largest asset managers, announced on March 3, 2026, that it has invested an additional $15 million into RREEF Property Trust, a publicly registered daily-NAV real estate investment trust listed on NASDAQ. The purchase was made through an affiliate and involved shares of the company’s Class Z common stock, priced at net asset value as of the close of business on February 25, 2026.
The transaction was conducted under a registration exemption provided by Section 4(a)(2) of the Securities Act of 1933.
A Growing Commitment
The new investment represents approximately 7.5% of RREEF Property Trust’s total net asset value and brings DWS’s cumulative stake to around 12.7%. Hepsen Uzcan, CEO of DWS Americas, characterized the move as a demonstration of the firm’s ongoing commitment to supporting and expanding the company. Todd Henderson, who serves as both Co-Global Head of Real Estate at DWS and CEO of RREEF Property Trust, pointed to favorable fundamentals in the current investment cycle, noting that conditions support a recovery in real estate values. He highlighted industrial, residential, and necessity-based retail as the sectors where the firm holds its strongest convictions.
About DWS and RREEF Property Trust
DWS Group, headquartered in Frankfurt and operating globally with roughly 5,000 employees, managed approximately EUR 1.085 trillion in total assets as of December 31, 2025. The firm provides investment solutions across active, passive, and alternative asset management strategies. RREEF Property Trust operates as an externally advised REIT focused on direct real estate holdings, offering daily NAV pricing to its investors.
Looking Ahead
While the announcement signals confidence in the near-term trajectory of commercial real estate, both DWS and RREEF Property Trust cautioned that forward-looking expectations are subject to known and unknown risks and uncertainties, and actual results may differ from current projections. The companies noted that property valuations are estimates of fair value and may not correspond precisely to liquidation prices on any given day.
The additional capital injection positions RREEF Property Trust to pursue opportunities in its target sectors as the broader real estate market continues to stabilize.