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Filing Details

Accession Number:: 0000921895-10-001256
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-08-12 13:00:00
Reporting Period:: 2010-08-10

Filing Date:: 2010-08-12
Accepted Time:: 2010-08-12 19:11:35
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1395999	Dws Rreef World Real Estate Fund Inc.	DRP	()	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1257108	D Arthur Lipson	7050 S. Union Park Center Suite 590 Midvale UT 84047	No	No	Yes	No
1286207	Western Investment Llc	7050 S. Union Park Center, Suite 590 Midvale UT 84047	No	No	Yes	No
1443718	Western Investment Activism Partners Llc	7050 S. Union Park Center Suite 590 Midvale UT 84047	No	No	Yes	No
1443719	L.p. Partners Return Total Investment Western	7050 S. Union Park Center Suite 590 Midvale UT 84047	No	No	Yes	No
1443720	Ltd. Fund Return Total Investment Western	P.o. Box 31910, Dms House, 20 Genesis Close, Grand Cayman E9 KY1-1208	No	No	Yes	No
1443721	L.p. Partners Hedged Investment Western	7050 S. Union Park Center Suite 590 Midvale UT 84047	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01	Acquisiton	2010-08-10	3,200	$15.56	27,200	No	4	P	Indirect	By Western Investment Activism Partners LLC
Common Stock, Par Value $0.01	Acquisiton	2010-08-11	1,300	$15.20	28,500	No	4	P	Indirect	By Western Investment Activism Partners LLC
Common Stock, Par Value $0.01	Acquisiton	2010-08-12	4,500	$14.92	33,000	No	4	P	Indirect	By Western Investment Activism Partners LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Western Investment Activism Partners LLC
No	4	P	Indirect	By Western Investment Activism Partners LLC
No	4	P	Indirect	By Western Investment Activism Partners LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.01	500	Direct
Common Stock, Par Value $0.01	900	Indirect	By Western Investment LLC
Common Stock, Par Value $0.01	162,675	Indirect	By Western Investment Hedged Partners L.P.
Common Stock, Par Value $0.01	162,600	Indirect	By Western Investment Total Return Fund Ltd.
Common Stock, Par Value $0.01	162,644	Indirect	By Western Investment Total Return Partners L.P.

Footnotes

This Form 4 is filed jointly by Western Investment LLC ("WILLC"), Western Investment Activism Partners LLC ("WIAP"), Western Investment Hedged Partners L.P. ("WIHP"), Western Investment Total Return Fund Ltd. ("WITRL"), Western Investment Total Return Partners L.P. ("WITRP") and Arthur D. Lipson (collectively the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group with respect to the securities of the Issuer that beneficially owns in excess of 10% of the Issuer's outstanding Shares. As members of the group, each of the Reporting Persons may be deemed to beneficially own the securities of the Issuer beneficially owned by the other members of the group. The Reporting Persons disclaim beneficial ownership of the securities of the Issuer beneficially owned by the other members of the group except to the extent of their pecuniary interest therein.
Shares owned directly by WIAP. As the managing member of WIAP, WILLC may be deemed to beneficially own the Shares owned by WIAP. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WIAP. Mr. Lipson and WILLC disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.
Shares owned directly by WILLC. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WILLC. Mr. Lipson disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein.
Shares owned directly by WIHP. As the general partner of WIHP, WILLC may be deemed to beneficially own the Shares owned by WIHP. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WIHP. Mr. Lipson and WILLC disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.
Shares owned directly by WITRL. As the investment manager of WITRL, WILLC may be deemed to beneficially own the Shares owned by WITRL. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WITRL. Mr. Lipson and WILLC disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.
Shares owned directly by WITRP. As the general partner of WITRP, WILLC may be deemed to beneficially own the Shares owned by WITRP. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WITRP. Mr. Lipson and WILLC disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.