Notes to Financial Statements
A. Significant Accounting Policies
DWS RREEF Real Estate Fund, Inc. (the ``Fund'') is registered under the Investment Company Act of 1940, as
amended (the ``1940 Act''), as a closed-end, diversified management investment company organized as a
Maryland corporation. The Fund is authorized to issue 250,000,000 shares, of which 240,000,000 shares are
classified as Common Shares, $0.01 par value per share, and 10,000,000 shares are classified as Preferred
Shares, $.01 par value per share.
The Fund's financial statements are prepared in accordance with accounting principles generally accepted in the
United States of America which require the use of management estimates. Actual results could differ from those
estimates. The policies described below are followed consistently by the Fund in the preparation of its financial
Security Valuation. Investments are stated at value determined as of the close of regular trading on the New York
Stock Exchange on each day the exchange is open for trading. Equity securities are valued at the most recent sale
price or official closing price reported on the exchange (US or foreign) or over-the-counter market on which the
security is traded most extensively. Securities for which no sales are reported are valued at the calculated mean
between the most recent bid and asked quotations on the relevant market or, if a mean cannot be determined, at
the most recent bid quotation.
Money market instruments purchased with an original or remaining maturity of sixty days or less, maturing at par,
are valued at amortized cost. Investments in open-end investment companies and Cash Management QP Trust
are valued at their net asset value each business day.
Securities and other assets for which market quotations are not readily available or for which the above valuation
procedures are deemed not to reflect fair value are valued in a manner that is intended to reflect their fair value as
determined in accordance with procedures approv