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PRINCIPAL REAL ESTATE INCOME FUND DECLARES MONTHLY DISTRIBUTIONS OF $0.105 PER SHARE

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DENVER, Jan. 2, 2025 /PRNewswire/ — Principal Real Estate Income Fund (the “Fund”), which is traded on the New York Stock Exchange under the symbol “PGZ,” announced the declaration of monthly distributions of $0.105 per common share, payable on the dates noted below. Based on the Fund’s current net asset value share price of $11.42 (as of market close on December 27, 2024), the distributions represent an annualized distribution rate of 11.03%.

The following dates apply to the distributions declared:

Ex Date

Record Date

Payable Date

February 13, 2025

February 13, 2025

February 28, 2025

March 17, 2025

March 17, 2025

March 31, 2025

April 15, 2025

April 15, 2025

April 30, 2025

RISKS

This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund’s distributions. In early 2026, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle.

Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment and exposure to below-investment grade investments (i.e., “junk bonds”). The Fund’s net asset value will vary and its distribution rate may vary and both may be affected by numerous factors, including changes in the market spread over a specified benchmark, market interest rates and performance of the broader equity markets. Fluctuations in net asset value may be magnified as a result of the Fund’s use of leverage. Therefore, before investing you should carefully consider the risks that you assume when you invest in the Fund’s common shares.

Securities backed by commercial real estate assets are subject to market risks similar to those of direct ownership of commercial real estate assets including, but not limited to, declines in the value of real estate, declines in rental or occupancy rates and risks related to general and local economic conditions.

The Fund’s investment objectives and policies are not designed to seek to return the initial investment to investors that purchase shares.

Sources of distributions to shareholders may include net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. If a distribution includes anything other than net investment income, the fund provides a Section 19(a) notice of the best estimate of its distribution sources at that time, available at www.principalcef.com. These estimates may not match the final tax characterization (for the full year’s distributions) contained in shareholders’ 1099-DIV forms after the end of the year. Past performance is not a guarantee of future results.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an  annual report or semi-annual report which contains this and other information visit www.principalcef.com or call 855.838.9485.  Please read them carefully before investing.

Shares of closed-end investment companies frequently trade at a discount from their net asset value and initial offering prices.

NOT FDIC INSURED | May Lose Value | No Bank Guarantee

The Fund is a closed-end fund and does not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market’s value.

ALPS Advisors, Inc. is the investment adviser to the Fund.

Principal Real Estate Investors LLC is the investment sub-adviser to the Fund. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates.

ALPS Portfolio Solutions Distributor, Inc. is the FINRA Member firm.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology. Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

About SS&C ALPS Advisors

SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies, is a leading provider of investment products for advisors and institutions. With over $26.24 billion under management as of September 30, 2024, SS&C ALPS Advisors is an open architecture boutique investment manager offering portfolio building blocks, active insight and an unwavering drive to guide clients to investment outcomes across sustainable income, thematic and alternative growth strategies. For more information, visit www.alpsfunds.com.

About Principal Real Estate Investors

Principal Real Estate Investors manages or sub-advises $102 billion in commercial real estate assets, as of September 30, 2024. The firm’s real estate capabilities include both public and private equity and debt investment alternatives. Principal Real Estate Investors is the dedicated real estate group of Principal Global Investors, a diversified asset management organization and a member of the Principal Financial Group®.

PRE000438  1/2/2026

 

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SOURCE Principal Real Estate Income Fund

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Palindrome Technologies Approved as Cybersecurity Label Administrator for FCC’s IoT Program

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48 minutes ago

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January 6, 2025

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PRINCETON, N.J., Jan. 6, 2025 /PRNewswire/ — Palindrome Technologies has been conditionally approved as a Cybersecurity Label Administrator (CLA) for the Federal Communications Commission’s (FCC) voluntary Internet of Things (IoT) Cybersecurity Labeling Program.

As a CLA, Palindrome will evaluate and certify IoT products that meet FCC cybersecurity standards.
Qualified products will bear the “U.S. Cyber Trust Mark” label.
This program is designed to incentivize manufacturers to meet higher cybersecurity standards and differentiate trustworthy products in the marketplace, and most importantly, help consumers make informed decisions about the products they use in their homes.

Peter Thermos, Palindrome CEO, stated, “We are honored to support the FCC’s efforts in strengthening IoT security and building consumer trust. Our expertise in security assurance testing of network devices and products positions us well for this role.”

Palindrome will provide manufacturers with:

Streamlined application review and management for FCC IoT Label usage authorization

Assistance with preparation for certification

Guidance throughout the certification process

Testing and certification of IoT products

Awareness and training

The program offers benefits to manufacturers, connected infrastructure, and consumers by raising cybersecurity standards and providing clear information about device security.

For more information, visit the Palindrome Technologies website.

About Palindrome Technologies:
Since 2005, Palindrome Technologies has been a trusted cybersecurity partner to Fortune 500 companies and growing organizations that want to engineer cyber resilience in emerging threat environments. With a focus on excellence, curiosity, and integrity, Palindrome helps clients defend against cyberattacks across all attack surfaces, including hardware, software, network-to-cloud, people, and emerging technologies. 

For inquiries, please contact

john.schelewitz@palindrometech.com

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SOURCE Palindrome Technologies

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Home And Office Paper Shredders Market size to increase by USD 1.69 Billion between 2024 to 2029, Market Segmentation by End-user, Product, Geography, Technavio

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48 minutes ago

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January 6, 2025

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NEW YORK, Jan. 6, 2025 /PRNewswire/ — The global home and office paper shredders market size is estimated to grow by USD 1.69 billion from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of 9.9% during the forecast period. The report provides a comprehensive forecast of key segments below- 

Segmentation Overview

End-user 1.1 Commercial1.2 ResidentialProduct 2.1 Cross-cut2.2 Micro-cut2.3 Strip-cutGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!

1.1 Fastest growing segment:

The commercial sector’s reliance on paper shredders for document security is significant. Factors such as high shredding volume and frequency, nature of confidential data, and regulatory compliance drive this demand. Paper shredders are essential equipment in offices, providing document security, workspace cleanliness, and waste disposal. Despite the increasing digitization trend, the paper shredder market is witnessing steady growth due to the importance of physical document security in the face of cyber threats. In regions like North America and Europe, where electronic products are prevalent, the paper shredder market continues to expand, ensuring the safe disposal of sensitive documents remains a priority.

Analyst Review

The Home and Office Paper Shredders market refers to the demand for electronic equipment designed to shred confidential documents into tiny pieces for secure disposal. With the increasing awareness of data security and environmental protection, the market for these shredding machines has seen significant growth. Bin capacity varies from small portable shredders to industrial-grade models. The shredding process helps protect sensitive data and confidential papers, including personnel records and financial information, from falling into the wrong hands. The carbon footprint of paper shredders is a concern, but advancements in technology are leading to more energy-efficient models. Consumption volumes are high among government agencies, small enterprises, private groups, and individuals. The shutdown of offices and reduction of commerce due to the pandemic have led to an increase in the demand for paper shredders. Smart features and automation, such as sensor systems and volume information, are becoming increasingly popular. The market offers a range of shredding techniques, including strip cut, which ensures thorough destruction of documents.

Market Overview

The Home and Office Paper Shredders market refers to the demand for electronic equipment designed to shred confidential documents, sensitive data, and other paper waste. With the increasing concern for data security and environmental protection, the market for paper shredders has seen significant growth. Bin capacity varies from small portable shredders for home use to industrial-grade machines for commercial usage sectors. Paper shredders use different techniques such as Strip Cut, Cross Cut, and Micro Cut to ensure thorough destruction of documents. Consumption volumes are driven by various sectors including government agencies, small enterprises, private groups, and individuals. The market caters to various industries such as banks, financial organizations, healthcare institutions, educational institutions, retailers, customer service industry, and more. The market also includes shredders for CDs, DVDs, loyalty cards, credit cards, and magnetic tapes. With advancements in technology, smart features and automation are becoming increasingly popular, including sensor systems and volume information. The reduction of commerce due to shutdowns and the shift towards soft copy preferences have also influenced the market. The working population and retail networks, as well as online platforms, are significant consumers of paper shredders.

To understand more about this market- Download a FREE Sample Report in minutes!

Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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THADDBOII Releases New Single and Music Video “Lil Baddie”

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48 minutes ago

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January 6, 2025

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LOS ANGELES, Jan. 6, 2025 /PRNewswire/ — Rising music artist and viral sports-comedy creator THADDBOII has officially released his latest single, “Lil Baddie,” along with an accompanying music video that’s guaranteed to captivate audiences. The song embraces a relaxed, fun, and vibey energy, showcasing a different side of his artistry.

“Lil Baddie” is available to stream now on Spotify, Apple Music, and other platforms, with the music video available on YouTube.

The “Lil Baddie” music video takes place at a $40,000,000 Beverly Hills mansion, seen on Selling Sunset, overlooking all of Los Angeles. The stunning visuals, combined with the vibrant energy of the track, capture the essence of carefree moments and good vibes. The video seamlessly merges aspirational imagery with an authentic and approachable charm.

“I wanted ‘Lil Baddie’ to be a track that makes people feel good, something they can vibe to anytime, anywhere,” said THADDBOII. “It’s all about living in the moment, letting your mind ride the beat, and enjoying my catchy and clever lines.”

The single, now available on all major streaming platforms, marks an exciting chapter in THADDBOII’s evolution as a multi-talented artist. With a loyal fanbase of millions across TikTok, YouTube, and Instagram, THADDBOII continues to push creative boundaries, inviting his audience to explore new dimensions of his musical journey.

Watch the “Lil Baddie” music video now on YouTube and stream the song on Spotify, Apple Music, and other platforms. Join the conversation online using #LilBaddie and #THADDBOII.

About THADDBOII
THADDBOII is an influential figure in the digital content creation and social media sphere, as well as a rising music artist. Known for his captivating storytelling and deep expertise in sports analysis, he has garnered a dedicated following of over 6 million fans across TikTok, YouTube, Instagram, and Facebook.

With over 3 billion views on TikTok and more than 1 million subscribers on YouTube, THADDBOII has established himself as a prominent social media figure. Beyond his viral content, he is also the Founder of the Influencer Football League (IFL), a Touch Football tournament that brings together influencers, athletes, musicians, and celebrities for a unique sporting experience.

Driven by a passion for entertainment and a commitment to excellence, THADDBOII continues to inspire and innovate in the digital landscape. His ability to connect with fans and deliver engaging content has solidified his position as a leader in the intersection of sports, entertainment, and social media.

IMAGE DOWNLOAD: https://drive.google.com/file/d/1SC1rAzTIyMQdpJFPa7MjBZEHsJr6WDhy/view 

View original content:https://www.prnewswire.com/news-releases/thaddboii-releases-new-single-and-music-video-lil-baddie-302343522.html

SOURCE THADDBOII

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