Although RREEF's property signs still sit prominently on Route 108, in 2009 it bowed out of property management and assigned its extensive portfolio of U.S. commercial properties to CB Richard Ellis and Transwestern. RREEF will continue as asset manager. Transwestern's assigned portfolio totals approximately 47 million square feet. RREEF Real Estate is part of RREEF Alternative Investments, the global alternative investment-management business of Deutsche Bank's Asset Management division.