RREEF Property Trust Update

As of February 23, 2023, RREEF Property Trust, Inc. (the “Company”) has received share redemption requests during the quarter ending March 31, 2023 in excess of the limit of 5% of the Company’s combined net asset value (“NAV”) as of December 31, 2022. Pursuant to the terms of the Company’s share redemption plan (the “Share Redemption Plan”), all redemption requests received during the quarter prior to February 23, 2023 were satisfied 100% on a first-come, first-served basis. Redemption requests received on February 23, 2023 were satisfied on a pro rata basis without regard to share class such that aggregate redemptions during the quarter ending March 31, 2023 did not exceed the limit of 5% of the Company’s combined NAV as of December 31, 2022. As a result of reaching the quarterly redemption volume limitation under the Share Redemption Plan, the Company will no longer accept additional redemption requests until April 1, 2023. All unsatisfied redemption requests received during the quarter ending March 31, 2023 must be resubmitted on or after April 1, 2023 to be accepted.


TC131987(0223)1