Common use of Forward-Looking Reports Clause in Contracts

Forward-Looking Reports. The Dealer Manager shall provide, on a quarterly basis, a report to the Company projecting, to the extent specific detail is available on the reporting date, for the two subsequent fiscal quarters: (a) Purchases and, to the extent possible, redemptions of the Company’s common stock; (b) Details regarding upcoming due diligence sessions where the Offering will be presented (including, at a minimum, the date, venue, location and participants of such sessions); (c) Details regarding upcoming conferences where the Offering will be highlighted (including, at a minimum, the date, venue, location and participants of such conferences); (d) Details of upcoming NAM meetings where the Offering will be discussed (including, at a minimum, the date, venue, location and participants of such NAM meetings); and (e) Upcoming conferences, due diligence sessions and NAM meetings which Company personnel will be required to attend in person or by teleconference and the preferred Company attendees. Ladies and Gentlemen: Subject to the terms described herein, Deutsche AM Distributors, Inc., as the dealer manager (the “Dealer Manager”) for RREEF Property Trust, Inc., a Maryland corporation (the “Company”), invites you (“Participating Broker-Dealer”) to participate in the distribution, on a “best efforts” basis (the “Offering”), of up to $2,300,000,000 in any combination of Class A shares (“Class A Shares”), Class I shares (“Class I Shares”), Class N shares (“Class N Shares”) and Class T shares (“Class T Shares,” and collectively with the Class A Shares, Class I Shares and Class N Shares, the “Shares”) of the Company’s common stock, $0.01 par value per share (the “Common Stock”), of which amount: (a) up to $2,250,000,000 in Class A Shares, Class I Shares and/or Class T Shares of Common Stock are being offered to the public pursuant to the Company’s primary offering (the “Primary Shares”); and (b) up to $250,000,000 in Class A Shares, Class I Shares, Class N Shares and Class T Shares are being offered to stockholders of the Company pursuant to the Company’s distribution reinvestment plan (such plan the “DRIP” and such Shares the “DRIP Shares” and, together with the Primary Shares, the “Offered Shares”); provided, that Class N Shares are offered only pursuant to the DRIP following the conversion of Class T Shares as described in the Prospectus (defined below). The Company may reallocate the Offered Shares between the Primary Shares and the DRIP Shares. The Company may offer, from time to time, and the Dealer Manager may distribute, on a “best efforts” basis (the “Follow-on Offering”) additional Class A Shares, Class I Shares, Class N Shares and/or Class T Shares of the Common Stock in a primary offering and/or pursuant to the Company’s distribution reinvestment plan; provided, that Class N Shares may be so offered only pursuant to DRIP following the conversion of Class T Shares. In such event, all applicable terms herein shall apply to such Follow-on Offering and this participating broker-dealer agreement shall continue in full force and effect. The Primary Shares are to be issued and sold to the public at a purchase price equal to the Company’s net asset value (“NAV”) per share applicable to the class of Shares being purchased on such day (as calculated in accordance with the procedures described in the Prospectus, as hereinafter defined), plus, for Class A Shares and Class T Shares only, applicable selling commissions, subject in certain circumstances to waivers or reductions thereof, and, for Class T Shares only, an up-front dealer manager fee. For stockholders who participate in the Company’s distribution reinvestment plan (the “DRIP”), the cash distributions attributable to the class of Shares that each stockholder owns will be automatically invested in additional shares of the same class. The DRIP Shares are to be issued and sold to stockholders of the Company at a purchase price equal to the Company’s NAV per share of that Share class on such day (as calculated in accordance with the procedures described in the Prospectus, as hereinafter defined). The Company has represented and warranted to Dealer Manager as follows: A registration statement on Form S-11 (File No. 333-208751), including a preliminary prospectus, for the registration of the Offered Shares has been prepared by the Company in accordance with applicable requirements of the Securities Act of 1933, as amended (the “Securities Act”), and the applicable rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”) promulgated thereunder (the “Securities Act Regulations”), and was initially filed with the SEC on December 23, 2015. The Company has prepared and filed such amendments thereto and such amended prospectuses as may have been required to the date hereof, and will file such additional amendments and supplements thereto as may hereafter be required. Copies of such registration statement and each amendment thereto have been or will be delivered to Participating Broker-Dealer.

Forward-Looking Reports. The Dealer Manager shall provide, on a quarterly basis, a report to the Company projecting, to the extent specific detail is available on the reporting date, for the two subsequent fiscal quarters: (a) Purchases and, to the extent possible, redemptions repurchases of the Company’s common stock; (b) Details regarding upcoming due diligence sessions where the Offering will be presented (including, at a minimum, the date, venue, location and participants of such sessions); (c) Details regarding upcoming conferences where the Offering will be highlighted (including, at a minimum, the date, venue, location and participants of such conferences); (d) Details of upcoming NAM meetings where the Offering will be discussed (including, at a minimum, the date, venue, location and participants of such NAM meetings); and (e) Upcoming conferences, due diligence sessions and NAM meetings which Company personnel will be required to attend in person or by teleconference and the preferred Company attendees. None. Ladies and Gentlemen: Subject to the terms described herein, DWS Distributors, Inc. (formerly Deutsche AM Distributors, Inc.), as the dealer manager (the “Dealer Manager”) for RREEF Property Trust, Inc., a Maryland corporation (the “Company”), invites you (“Participating Broker-Dealer”) to participate in the distribution, on a “best efforts” basis (the “Offering”), of up to $2,300,000,000 in any combination of Class A shares (“Class A Shares”), Class I shares (“Class I Shares”), Class N shares (“Class N Shares”) and Class T shares (“Class T Shares,” and collectively with the Class A Shares, Class I Shares and Class N Shares, the “Shares”) of the Company’s common stock, $0.01 par value per share (the “Common Stock”), of which amount: (a) up to $2,250,000,000 2,100,000,000 in Class A Shares, Class I Shares and/or Class T Shares of Common Stock are being offered to the public pursuant to the Company’s primary offering (the “Primary Shares”); and (b) up to $250,000,000 200,000,000 in Class A Shares, Class I Shares, Class N Shares and Class T Shares are being offered to stockholders of the Company pursuant to the Company’s distribution reinvestment plan (such plan the “DRIP” and such Shares the “DRIP Shares” and, together with the Primary Shares, the “Offered Shares”); provided, that Class N Shares are offered only pursuant to the DRIP following the conversion of Class T Shares as described in the Prospectus (defined below). The Company may reallocate the Offered Shares between the Primary Shares and the DRIP Shares. The Company may offer, from time to time, and the Dealer Manager may distribute, on a “best efforts” basis (the “Follow-on Offering”) additional Class A Shares, Class I Shares, Class N Shares and/or Class T Shares of the Common Stock in a primary offering and/or pursuant to the Company’s distribution reinvestment plan; provided, that Class N Shares may be so offered only pursuant to DRIP following the conversion of Class T Shares. In such event, all applicable terms herein shall apply to such Follow-on Offering and this participating broker-dealer agreement shall continue in full force and effect. The Primary Shares are to be issued and sold to the public at a purchase price equal to the Company’s net asset value (“NAV”) per share applicable to the class of Shares being purchased on such day (as calculated in accordance with the procedures described in the Prospectus, as hereinafter defined), plus, for Class A Shares and Class T Shares only, applicable selling commissions, subject in certain circumstances to waivers or reductions thereof, and, for Class T Shares only, an up-front dealer manager fee. For stockholders who participate in the Company’s distribution reinvestment plan (the “DRIP”), the cash distributions attributable to the class of Shares that each stockholder owns will be automatically invested in additional shares of the same class. The DRIP Shares are to be issued and sold to stockholders of the Company at a purchase price equal to the Company’s NAV per share of that Share class on such day (as calculated in accordance with the procedures described in the Prospectus, as hereinafter defined). The Company has represented and warranted to Dealer Manager as follows: A registration statement on Form S-11 (File No. 333-208751), including a preliminary prospectus, for the registration of the Offered Shares has been prepared by the Company in accordance with applicable requirements of the Securities Act of 1933, as amended (the “Securities Act”), and the applicable rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”) promulgated thereunder (the “Securities Act Regulations”), and was initially filed with the SEC on December 23, 2015. The Company has prepared and filed such amendments thereto and such amended prospectuses as may have been required to the date hereof, and will file such additional amendments and supplements thereto as may hereafter be required. Copies of such registration statement and each amendment thereto have been or will be delivered to Participating Broker-Dealer.

Forward-Looking Reports. The Dealer Manager shall provide, on a quarterly basis, a report to the Company projecting, to the extent specific detail is available on the reporting date, for the two subsequent fiscal quarters: (a) Purchases and, to the extent possible, redemptions of the Company’s common stock; (b) Details regarding upcoming due diligence sessions where the Offering will be presented (including, at a minimum, the date, venue, location and participants of such sessions); (c) Details regarding upcoming conferences where the Offering will be highlighted (including, at a minimum, the date, venue, location and participants of such conferences); (d) Details of upcoming NAM meetings where the Offering will be discussed (including, at a minimum, the date, venue, location and participants of such NAM meetings); and (e) Upcoming conferences, due diligence sessions and NAM meetings which Company personnel will be required to attend in person or by teleconference and the preferred Company attendees. None. Ladies and Gentlemen: Subject to the terms described herein, Deutsche AM Distributors, Inc., as the dealer manager (the “Dealer Manager”) for RREEF Property Trust, Inc., a Maryland corporation (the “Company”), invites you (“Participating Broker-Dealer”) to participate in the distribution, on a “best efforts” basis (the “Offering”), of up to $2,300,000,000 in any combination of Class A shares (“Class A Shares”), Class I shares (“Class I Shares”), Class N shares (“Class N Shares”) and Class T shares (“Class T Shares,” and collectively with the Class A Shares, Class I Shares and Class N Shares, the “Shares”) of the Company’s common stock, $0.01 par value per share (the “Common Stock”), of which amount: (a) up to $2,250,000,000 in Class A Shares, Class I Shares and/or Class T Shares of Common Stock are being offered to the public pursuant to the Company’s primary offering (the “Primary Shares”); and (b) up to $250,000,000 in Class A Shares, Class I Shares, Class N Shares and Class T Shares are being offered to stockholders of the Company pursuant to the Company’s distribution reinvestment plan (such plan the “DRIP” and such Shares the “DRIP Shares” and, together with the Primary Shares, the “Offered Shares”); provided, that Class N Shares are offered only pursuant to the DRIP following the conversion of Class T Shares as described in the Prospectus (defined below). The Company may reallocate the Offered Shares between the Primary Shares and the DRIP Shares. The Company may offer, from time to time, and the Dealer Manager may distribute, on a “best efforts” basis (the “Follow-on Offering”) additional Class A Shares, Class I Shares, Class N Shares and/or Class T Shares of the Common Stock in a primary offering and/or pursuant to the Company’s distribution reinvestment plan; provided, that Class N Shares may be so offered only pursuant to DRIP following the conversion of Class T Shares. In such event, all applicable terms herein shall apply to such Follow-on Offering and this participating broker-dealer agreement shall continue in full force and effect. The Primary Shares are to be issued and sold to the public at a purchase price equal to the Company’s net asset value (“NAV”) per share applicable to the class of Shares being purchased on such day (as calculated in accordance with the procedures described in the Prospectus, as hereinafter defined), plus, for Class A Shares and Class T Shares only, applicable selling commissions, subject in certain circumstances to waivers or reductions thereof, and, for Class T Shares only, an up-front dealer manager fee. For stockholders who participate in the Company’s distribution reinvestment plan (the “DRIP”), the cash distributions attributable to the class of Shares that each stockholder owns will be automatically invested in additional shares of the same class. The DRIP Shares are to be issued and sold to stockholders of the Company at a purchase price equal to the Company’s NAV per share of that Share class on such day (as calculated in accordance with the procedures described in the Prospectus, as hereinafter defined). The Company has represented and warranted to Dealer Manager as follows: A registration statement on Form S-11 (File No. 333-208751), including a preliminary prospectus, for the registration of the Offered Shares has been prepared by the Company in accordance with applicable requirements of the Securities Act of 1933, as amended (the “Securities Act”), and the applicable rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”) promulgated thereunder (the “Securities Act Regulations”), and was initially filed with the SEC on December 23, 2015. The Company has prepared and filed such amendments thereto and such amended prospectuses as may have been required to the date hereof, and will file such additional amendments and supplements thereto as may hereafter be required. Copies of such registration statement and each amendment thereto have been or will be delivered to Participating Broker-Dealer.