FORM N-PX

                     ANNUAL REPORT OF PROXY VOTING RECORD OF
                    REGISTERED MANAGEMENT INVESTMENT COMPANY

                  Investment Company Act file number 811-08565

                          Dryden Global Real Estate Fund

               (Exact name of registrant as specified in charter)


     100 Mulberry Street, Gateway Center Three, 4 th Floor, Newark, NJ 07102

               (Address of principal executive offices) (Zip Code)


                             Jonathan D. Shain, Esq.
     100 Mulberry Street, Gateway Center Three, 4 th Floor, Newark, NJ 07102

                     (Name and address of agent for service)


        Registrant's telephone number, including area code: 973-802-6469

                     Date of fiscal year-end: March 31, 2008

                     Date of reporting period: June 30, 2007





Item 1. Proxy Voting Record

In determining votes against management, any ballot that management did not
make a recommendation is considered to be "FOR" regardless of the vote cast.
Any "Abstain" vote cast is considered as voted, and to be against the
management recommendation.


******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-08565
Reporting Period: 07/01/2006 - 06/30/2007
Dryden Global Real Estate Fund









============= DRYDEN GLOBAL REAL ESTATE FUND - SUB-ADVISER:  PREI ==============


ALEXANDRIA REAL ESTATE EQUITIES, INC.

Ticker:       ARE            Security ID:  015271109
Meeting Date: MAY 23, 2007   Meeting Type: Annual
Record Date:  MAR 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joel S. Marcus             For       For        Management
1.2   Elect Director James H. Richardson        For       For        Management
1.3   Elect Director John L. Atkins, III        For       For        Management
1.4   Elect Director Richard B. Jennings        For       For        Management
1.5   Elect Director Richard H. Klein           For       For        Management
1.6   Elect Director Martin A. Simonetti        For       For        Management
1.7   Elect Director Alan G. Walton             For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

AMB PROPERTY CORP.

Ticker:       AMB            Security ID:  00163T109
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 6, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Afsaneh M. Beshloss        For       For        Management
2     Elect Director T. Robert Burke            For       For        Management
3     Elect Director David A. Cole              For       For        Management
4     Elect Director Lydia H. Kennard           For       For        Management
5     Elect Director  J. Michael Losh           For       For        Management
6     Elect Director Hamid R. Moghadam          For       For        Management
7     Elect Director Frederick W. Reid          For       For        Management
8     Elect Director Jeffrey L. Skelton         For       For        Management
9     Elect Director Thomas W. Tusher           For       For        Management
10    Ratify Auditors                           For       For        Management
11    Amend Omnibus Stock Plan                  For       For        Management
12    Pay For Superior Performance              Against   For        Shareholder


- --------------------------------------------------------------------------------

AMERICAN FINANCIAL REALTY TRUST

Ticker:       AFR            Security ID:  02607P305
Meeting Date: JUN 6, 2007    Meeting Type: Annual
Record Date:  APR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard J. Berry           For       For        Management
1.2   Elect Director John R. Biggar             For       For        Management
1.3   Elect Director Raymond Garea              For       For        Management
1.4   Elect Director John P. Hollihan III       For       For        Management
1.5   Elect Director Richard A. Kraemer         For       For        Management
1.6   Elect Director Alan E. Master             For       For        Management
1.7   Elect Director Harold W. Pote             For       For        Management
1.8   Elect Director Lewis S. Ranieri           For       For        Management


- --------------------------------------------------------------------------------

ARCHSTONE SMITH TRUST

Ticker:       ASN            Security ID:  039583109
Meeting Date: MAY 16, 2007   Meeting Type: Annual
Record Date:  MAR 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stephen R. Demeritt        For       For        Management
1.2   Elect Director Ernest A. Gerardi, Jr.     For       For        Management
1.3   Elect Director Ruth Ann M. Gillis         For       For        Management
1.4   Elect Director Ned S. Holmes              For       For        Management
1.5   Elect Director Robert P. Kogod            For       For        Management
1.6   Elect Director James H. Polk, III         For       For        Management
1.7   Elect Director John C. Schweitzer         For       For        Management
1.8   Elect Director R. Scot Sellers            For       For        Management
1.9   Elect Director Robert H. Smith            For       For        Management
2     Pay For Superior Performance              Against   Against    Shareholder
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

AVALONBAY COMMUNITIES, INC.

Ticker:       AVB            Security ID:  053484101
Meeting Date: MAY 16, 2007   Meeting Type: Annual
Record Date:  FEB 28, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Bryce Blair                For       For        Management
1.2   Elect Director Bruce A. Choate            For       For        Management
1.3   Elect Director John J. Healy, Jr.         For       For        Management
1.4   Elect Director Gilbert M. Meyer           For       For        Management
1.5   Elect Director Timothy J. Naughton        For       For        Management
1.6   Elect Director Lance R. Primis            For       For        Management
1.7   Elect Director H. Jay Sarles              For       For        Management
1.8   Elect Director Allan D. Schuster          For       For        Management
1.9   Elect Director Amy P. Williams            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

BENI STABILI

Ticker:                      Security ID:  T19807139
Meeting Date: JUN 26, 2007   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors on the Board;     For       Did Not    Management
      Elect Directors; Determine Directors'               Vote
      Term and Remuneration
1     Amend Articles 13, 18 and 20 of Company's For       Did Not    Management
      Bylaws to Comply with the Italian Law               Vote
      262/2005 and with the Legislative Decree
      303/2006; and Amend Articles 14, 16 and
      18


- --------------------------------------------------------------------------------

BIOMED REALTY TRUST INC

Ticker:       BMR            Security ID:  09063H107
Meeting Date: MAY 16, 2007   Meeting Type: Annual
Record Date:  MAR 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Alan D. Gold               For       For        Management
1.2   Elect Director Barbara R. Cambon          For       For        Management
1.3   Elect Director Edward A. Dennis           For       For        Management
1.4   Elect Director Gary A. Kreitzer           For       For        Management
1.5   Elect Director Mark J. Riedy              For       For        Management
1.6   Elect Director Theodore D. Roth           For       For        Management
1.7   Elect Director M. Faye Wilson             For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

BOSTON PROPERTIES INC.

Ticker:       BXP            Security ID:  101121101
Meeting Date: MAY 15, 2007   Meeting Type: Annual
Record Date:  MAR 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Mortimer B. Zuckerman      For       For        Management
1.2   Elect Director Carol B. Einiger           For       For        Management
1.3   Elect Director Richard E. Salomon         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   For        Shareholder
5     Report on Energy Efficiency               Against   For        Shareholder


- --------------------------------------------------------------------------------

BRANDYWINE REALTY TRUST

Ticker:       BDN            Security ID:  105368203
Meeting Date: MAY 9, 2007    Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Walter D'Alessio           For       For        Management
1.2   Elect Director D. Pike Aloian             For       For        Management
1.3   Elect Director Thomas F. August           For       For        Management
1.4   Elect Director Donald E. Axinn            For       For        Management
1.5   Elect Director Wyche Fowler               For       For        Management
1.6   Elect Director Michael J. Joyce           For       For        Management
1.7   Elect Director Anthony A. Nichols, Sr.    For       For        Management
1.8   Elect Director Michael V. Prentiss        For       For        Management
1.9   Elect Director Charles P. Pizzi           For       For        Management
1.10  Elect Director Gerard H. Sweeney          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Nonqualified Employee Stock       For       For        Management
      Purchase Plan


- --------------------------------------------------------------------------------

CAMDEN PROPERTY TRUST

Ticker:       CPT            Security ID:  133131102
Meeting Date: MAY 1, 2007    Meeting Type: Annual
Record Date:  MAR 21, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard J. Campo           For       For        Management
1.2   Elect Director William R. Cooper          For       For        Management
1.3   Elect Director Scott S. Ingraham          For       For        Management
1.4   Elect Director Lewis A. Levey             For       For        Management
1.5   Elect Director William B. Mcguire, Jr.    For       For        Management
1.6   Elect Director William F. Paulsen         For       For        Management
1.7   Elect Director D. Keith Oden              For       For        Management
1.8   Elect Director F. Gardner Parker          For       For        Management
1.9   Elect Director Steven A. Webster          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

CBL & ASSOCIATES PROPERTIES, INC.

Ticker:       CBL            Security ID:  124830100
Meeting Date: MAY 7, 2007    Meeting Type: Annual
Record Date:  MAR 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stephen D. Lebovitz        For       For        Management
1.2   Elect Director Winston W. Walker          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

COLONIAL PROPERTIES TRUST

Ticker:       CLP            Security ID:  195872106
Meeting Date: APR 25, 2007   Meeting Type: Annual
Record Date:  MAR 8, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Weston M. Andress          For       Did Not    Management
                                                          Vote
1.2   Elect Director Carl F. Bailey             For       Did Not    Management
                                                          Vote
1.3   Elect Director M. Miller Gorrie           For       Did Not    Management
                                                          Vote
1.4   Elect Director William M. Johnson         For       Did Not    Management
                                                          Vote
1.5   Elect Director Glade M. Knight            For       Did Not    Management
                                                          Vote
1.6   Elect Director James K. Lowder            For       Did Not    Management
                                                          Vote
1.7   Elect Director Thomas H. Lowder           For       Did Not    Management
                                                          Vote
1.8   Elect Director Herbert A. Meisler         For       Did Not    Management
                                                          Vote
1.9   Elect Director Claude B. Nielsen          For       Did Not    Management
                                                          Vote
1.10  Elect Director Harold W. Ripps            For       Did Not    Management
                                                          Vote
1.11  Elect Director Donald T. Senterfitt       For       Did Not    Management
                                                          Vote
1.12  Elect Director John W. Spiegel            For       Did Not    Management
                                                          Vote
1.13  Elect Director C.R. Thompson, III         For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

CORPORATE OFFICE PROPERTIES TRUST, INC.

Ticker:       OFC            Security ID:  22002T108
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 15, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Trustee Douglas M. Firstenberg      For       For        Management
1.2   Elect Trustee Clay W. Hamlin, III         For       For        Management
1.3   Elect Trustee Jay H. Shidler              For       For        Management
1.4   Elect Trustee Kenneth S. Sweet, Jr.       For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management


- --------------------------------------------------------------------------------

DCT INDUSTRIAL TRUST INC.

Ticker:       DCT            Security ID:  233153105
Meeting Date: MAY 3, 2007    Meeting Type: Annual
Record Date:  MAR 21, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas G. Wattles          For       For        Management
1.2   Elect Director Philip L. Hawkins          For       For        Management
1.3   Elect Director Phillip R. Altinger        For       For        Management
1.4   Elect Director Thomas F. August           For       For        Management
1.5   Elect Director John S. Gates, Jr.         For       For        Management
1.6   Elect Director Tripp H. Hardin            For       For        Management
1.7   Elect Director James R. Mulvihill         For       For        Management
1.8   Elect Director John C. O'Keefe            For       For        Management
1.9   Elect Director Bruce L. Warwick           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

DERWENT LONDON PLC

Ticker:                      Security ID:  G27300105
Meeting Date: JUN 26, 2007   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association Re: Real    For       For        Management
      Estate Investment Trust


- --------------------------------------------------------------------------------

DEVELOPERS DIVERSIFIED REALTY CORP.

Ticker:       DDR            Security ID:  251591103
Meeting Date: MAY 8, 2007    Meeting Type: Annual
Record Date:  MAR 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors                   For       Did Not    Management
                                                          Vote
2.1   Elect Director Dean S. Adler              For       Did Not    Management
                                                          Vote
2.2   Elect Director Terrance R. Ahern          For       Did Not    Management
                                                          Vote
2.3   Elect Director Robert H. Gidel            For       Did Not    Management
                                                          Vote
2.4   Elect Director Victor B. MacFarlane       For       Did Not    Management
                                                          Vote
2.5   Elect Director Craig Macnab               For       Did Not    Management
                                                          Vote
2.6   Elect Director Scott D. Roulston          For       Did Not    Management
                                                          Vote
2.7   Elect Director Barry A. Sholem            For       Did Not    Management
                                                          Vote
2.8   Elect Director William B. Summers, Jr.    For       Did Not    Management
                                                          Vote
2.9   Elect Director Scott A. Wolstein          For       Did Not    Management
                                                          Vote
3     Increase Authorized Common Stock          For       Did Not    Management
                                                          Vote
4     Amend Articles/Bylaws/Charter-Non-Routine For       Did Not    Management
      --authorize the Company to notify                   Vote
      shareholders of record of shareholder
      meetings by electronic or other means of
      communication authorized by the
      shareholders.
5     Amend Articles/Bylaws/Charter-Non-Routine For       Did Not    Management
      --authorize shareholders and other                  Vote
      persons entitled to vote at shareholder
      meetings to appoint proxies by electronic
      or other verifiable communications.
6     Company Specific-Equity-Related --Issue   For       Did Not    Management
      Shares without Physical Certificates                Vote
7     Ratify Auditors                           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

DIAMONDROCK HOSPITALITY COMPANY

Ticker:       DRH            Security ID:  252784301
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William W. McCarten        For       For        Management
1.2   Elect Director Daniel J. Altobello        For       For        Management
1.3   Elect Director W. Robert Grafton          For       For        Management
1.4   Elect Director Maureen L. McAvey          For       For        Management
1.5   Elect Director Gilbert T. Ray             For       For        Management
1.6   Elect Director John L. Williams           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

DIGITAL REALTY TRUST INC.

Ticker:       DLR            Security ID:  253868103
Meeting Date: MAY 2, 2007    Meeting Type: Annual
Record Date:  MAR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard A. Magnuson        For       Did Not    Management
                                                          Vote
1.2   Elect Director Michael F. Foust           For       Did Not    Management
                                                          Vote
1.3   Elect Director Laurence A. Chapman        For       Did Not    Management
                                                          Vote
1.4   Elect Director Kathleen Earley            For       Did Not    Management
                                                          Vote
1.5   Elect Director Ruann F. Ernst, Ph.D.      For       Did Not    Management
                                                          Vote
1.6   Elect Director Dennis E. Singleton        For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote
3     Amend Omnibus Stock Plan                  For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

DOUGLAS EMMETT INC

Ticker:       DEI            Security ID:  25960P109
Meeting Date: MAY 31, 2007   Meeting Type: Annual
Record Date:  APR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dan A. Emmett              For       For        Management
1.2   Elect Director Jordan L. Kaplan           For       For        Management
1.3   Elect Director Kenneth M. Panzer          For       For        Management
1.4   Elect Director Leslie E. Bider            For       For        Management
1.5   Elect Director Victor J. Coleman          For       For        Management
1.6   Elect Director G. Selassie Mehreteab      For       For        Management
1.7   Elect Director Thomas E. O'Hern           For       For        Management
1.8   Elect Director Dr. Andrea Rich            For       For        Management
1.9   Elect Director William Wilson III         For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

EQUITY ONE, INC.

Ticker:       EQY            Security ID:  294752100
Meeting Date: JUN 4, 2007    Meeting Type: Annual
Record Date:  APR 25, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Noam Ben-Ozer              For       For        Management
1.2   Elect Director James S. Cassel            For       For        Management
1.3   Elect Director Cynthia R. Cohen           For       For        Management
1.4   Elect Director Neil Flanzraich            For       For        Management
1.5   Elect Director Nathan Hetz                For       For        Management
1.6   Elect Director Chaim Katzman              For       For        Management
1.7   Elect Director Peter Linneman             For       For        Management
1.8   Elect Director Jeffrey S. Olson           For       For        Management
1.9   Elect Director Dori Segal                 For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Adjourn Meeting                           For       Against    Management


- --------------------------------------------------------------------------------

EQUITY RESIDENTIAL

Ticker:       EQR            Security ID:  29476L107
Meeting Date: MAY 24, 2007   Meeting Type: Annual
Record Date:  MAR 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John W. Alexander          For       For        Management
1.2   Elect Director Charles L. Atwood          For       For        Management
1.3   Elect Director Stephen O. Evans           For       For        Management
1.4   Elect Director Boone A. Knox              For       For        Management
1.5   Elect Director John E. Neal               For       For        Management
1.6   Elect Director David J. Neithercut        For       For        Management
1.7   Elect Director Desiree G. Rogers          For       For        Management
1.8   Elect Director Sheli Z. Rosenberg         For       For        Management
1.9   Elect Director Gerald A. Spector          For       For        Management
1.10  Elect Director B. Joseph White            For       For        Management
1.11  Elect Director Samuel Zell                For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors


- --------------------------------------------------------------------------------

EXTRA SPACE STORAGE INC.

Ticker:       EXR            Security ID:  30225T102
Meeting Date: MAY 23, 2007   Meeting Type: Annual
Record Date:  MAR 31, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Kenneth M. Woolley         For       For        Management
1.2   Elect Director Anthony Fanticola          For       For        Management
1.3   Elect Director Hugh W. Horne              For       For        Management
1.4   Elect Director Spencer F. Kirk            For       For        Management
1.5   Elect Director Joseph D. Margolis         For       For        Management
1.6   Elect Director Roger B. Porter            For       For        Management
1.7   Elect Director K. Fred Skousen            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

GENERAL GROWTH PROPERTIES, INC.

Ticker:       GGP            Security ID:  370021107
Meeting Date: MAY 15, 2007   Meeting Type: Annual
Record Date:  MAR 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John Bucksbaum             For       For        Management
1.2   Elect Director Alan Cohen                 For       For        Management
1.3   Elect Director Anthony Downs              For       For        Management
2     Amend Nonqualified Employee Stock         For       For        Management
      Purchase Plan
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   For        Shareholder


- --------------------------------------------------------------------------------

HEALTH CARE PROPERTY INVESTORS, INC.

Ticker:       HCP            Security ID:  421915109
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Mary A. Cirillo-Goldberg   For       For        Management
1.2   Elect Director Robert R. Fanning, Jr.     For       For        Management
1.3   Elect Director James F. Flaherty III      For       For        Management
1.4   Elect Director David B. Henry             For       For        Management
1.5   Elect Director Michael D. McKee           For       For        Management
1.6   Elect Director Harold M. Messmer, Jr.     For       For        Management
1.7   Elect Director Peter L. Rhein             For       For        Management
1.8   Elect Director Kenneth B. Roath           For       For        Management
1.9   Elect Director Richard M. Rosenberg       For       For        Management
1.10  Elect Director Joseph P. Sullivan         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Pay For Superior Performance              Against   For        Shareholder


- --------------------------------------------------------------------------------

HIGHWOODS PROPERTIES, INC.

Ticker:       HIW            Security ID:  431284108
Meeting Date: MAY 18, 2007   Meeting Type: Annual
Record Date:  MAR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Edward J. Fritsch          For       For        Management
1.2   Elect Director Lawrence A. Kaplan         For       For        Management
1.3   Elect Director Sherry A. Kellett          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

HILTON HOTELS CORP.

Ticker:       HLT            Security ID:  432848109
Meeting Date: MAY 24, 2007   Meeting Type: Annual
Record Date:  MAR 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director A. Steven Crown            For       For        Management
2     Elect Director John H. Myers              For       For        Management
3     Elect Director Donna F. Tuttle            For       For        Management
4     Ratify Auditors                           For       For        Management
5     Separate Chairman and CEO Positions       Against   For        Shareholder


- --------------------------------------------------------------------------------

HOME PROPERTIES  INC

Ticker:       HME            Security ID:  437306103
Meeting Date: MAY 1, 2007    Meeting Type: Annual
Record Date:  MAR 8, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Josh E. Fidler             For       Did Not    Management
                                                          Vote
1.2   Elect Director Alan L. Gosule             For       Did Not    Management
                                                          Vote
1.3   Elect Director Leonard F. Helbig, III     For       Did Not    Management
                                                          Vote
1.4   Elect Director Roger W. Kober             For       Did Not    Management
                                                          Vote
1.5   Elect Director Norman P. Leenhouts        For       Did Not    Management
                                                          Vote
1.6   Elect Director Nelson B. Leenhouts        For       Did Not    Management
                                                          Vote
1.7   Elect Director Edward J. Pettinella       For       Did Not    Management
                                                          Vote
1.8   Elect Director Clifford W. Smith, Jr.     For       Did Not    Management
                                                          Vote
1.9   Elect Director Paul L. Smith              For       Did Not    Management
                                                          Vote
1.10  Elect Director Thomas S. Summer           For       Did Not    Management
                                                          Vote
1.11  Elect Director Amy L. Tait                For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

HOST HOTELS & RESORTS, INC.

Ticker:       HST            Security ID:  44107P104
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Roberts M. Baylis          For       For        Management
2     Elect Director Terence C. Golden          For       For        Management
3     Elect Director Ann M. Korologos           For       For        Management
4     Elect Director Richard E. Marriott        For       For        Management
5     Elect Director Judith A. Mchale           For       For        Management
6     Elect Director John B. Morse Jr           For       For        Management
7     Elect Director Christopher J. Nassetta    For       For        Management
8     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

JONES LANG LASALLE, INC.

Ticker:       JLL            Security ID:  48020Q107
Meeting Date: MAY 30, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Henri-Claude De Bettignies For       For        Management
1.2   Elect Director Darryl Hartley-Leonard     For       For        Management
1.3   Elect Director Sir Derek Higgs            For       For        Management
1.4   Elect Director Lauralee E. Martin         For       For        Management
1.5   Elect Director Alain Monie                For       For        Management
1.6   Elect Director Thomas C. Theobald         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

KIMCO REALTY CORP.

Ticker:       KIM            Security ID:  49446R109
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Martin S. Kimmel           For       For        Management
1.2   Elect Director Milton Cooper              For       Withhold   Management
1.3   Elect Director Richard G. Dooley          For       Withhold   Management
1.4   Elect Director Michael J. Flynn           For       Withhold   Management
1.5   Elect Director Joe Grills                 For       For        Management
1.6   Elect Director David B. Henry             For       Withhold   Management
1.7   Elect Director F. Patrick Hughes          For       For        Management
1.8   Elect Director Frank Lourenso             For       Withhold   Management
1.9   Elect Director Richard Saltzman           For       For        Management
2     Company Specific-Equity-Related           For       For        Management
      --Increase  Number of Shares of
      Authorized Stock to Issue, Common Stock
      and Excess Stock
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

KITE REALTY GROUP TRUST

Ticker:       KRG            Security ID:  49803T102
Meeting Date: MAY 7, 2007    Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Alvin E. Kite, Jr.         For       For        Management
1.2   Elect Director John A. Kite               For       For        Management
1.3   Elect Director William E. Bindley         For       For        Management
1.4   Elect Director Dr. Richard A. Cosier      For       For        Management
1.5   Elect Director Eugene Golub               For       For        Management
1.6   Elect Director Gerald L. Moss             For       For        Management
1.7   Elect Director Michael L. Smith           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

LASALLE HOTEL PROPERTIES

Ticker:       LHO            Security ID:  517942108
Meeting Date: APR 19, 2007   Meeting Type: Annual
Record Date:  FEB 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Donald S. Perkins          For       For        Management
1.2   Elect Director Stuart L. Scott            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Preferred and Common  For       For        Management
      Stock


- --------------------------------------------------------------------------------

LEOPALACE21 CORP.

Ticker:       8848           Security ID:  J38781100
Meeting Date: JUN 28, 2007   Meeting Type: Annual
Record Date:  MAR 31, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, with a      For       For        Management
      Final Dividend of JY 35
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Directors Term in Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Appointment of External Audit     For       For        Management
      Firm
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor
7     Approve Additional Retirement Bonus for   For       Against    Management
      Director (Founder)


- --------------------------------------------------------------------------------

MACQUARIE GOODMAN GROUP LTD.

Ticker:       MGQ            Security ID:  Q5701Z105
Meeting Date: JUN 27, 2007   Meeting Type: Special
Record Date:  JUN 25, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name to 'Goodman           For       For        Management
      International Limited'


- --------------------------------------------------------------------------------

MAGUIRE PROPERTIES, INC.

Ticker:       MPG            Security ID:  559775101
Meeting Date: JUN 5, 2007    Meeting Type: Annual
Record Date:  APR 27, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert F. Maguire III      For       For        Management
1.2   Elect Director Lawrence S. Kaplan         For       For        Management
1.3   Elect Director Caroline S. Mcbride        For       For        Management
1.4   Elect Director Andrea L. Van De Kamp      For       For        Management
1.5   Elect Director Walter L. Weisman          For       For        Management
1.6   Elect Director Lewis N. Wolff             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       Against    Management


- --------------------------------------------------------------------------------

NATIONWIDE HEALTH PROPERTIES, INC.

Ticker:       NHP            Security ID:  638620104
Meeting Date: APR 24, 2007   Meeting Type: Annual
Record Date:  MAR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David R. Banks             For       For        Management
1.2   Elect Director Douglas M. Pasquale        For       For        Management
1.3   Elect Director Jack D. Samuelson          For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Stock Ownership Limitations       For       Against    Management
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

ORIENT EXPRESS HOTELS, INC.

Ticker:       OEH            Security ID:  G67743107
Meeting Date: JUN 15, 2007   Meeting Type: Annual
Record Date:  MAY 4, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John D. Campbell          For       Withhold   Management
1.2   Elect  Director James B. Hurlock          For       Withhold   Management
1.3   Elect  Director Prudence M. Leith         For       Withhold   Management
1.4   Elect  Director J. Robert Lovejoy         For       Withhold   Management
1.5   Elect  Director Georg R. Rafael           For       Withhold   Management
1.6   Elect  Director James B. Sherwood         For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     APPROVAL OF AMENDMENTS TO THE COMPANY S   For       For        Management
      2004 STOCK OPTION PLAN
4     APPROVAL OF THE COMPANY S 2007            For       For        Management
      PERFORMANCE SHARE PLAN
5     APPROVAL OF AMENDMENTS TO THE COMPANY S   For       For        Management
      MEMORANDUM OF ASSOCIATION CONFERRING
      UNRESTRICTED COMPANY S OBJECTS AND POWERS
6     CONFIRMATION OF AMENDMENTS TO THE COMPANY For       For        Management
      S BYLAWS TO DELETE ALL REFERENCES IN THE
      BYE-LAWS TO SEA CONTAINERS LTD
7     CONFIRMATION OF AMENDMENTS TO THE COMPANY For       For        Management
      S BYLAWS TO PERMIT ELECTRONIC DELIVERY OF
      SHAREHOLDER COMMUNICATIONS
8     CONFIRMATION OF AMENDMENTS TO THE COMPANY For       For        Management
      S BYLAWS NOT TO REQUIRE TWO OFFICERS ALSO
      SERVE AS DIRECTORS
9     CONFIRMATION OF AMENDMENTS TO THE COMPANY For       For        Management
      S BYLAWS TO ALLOW EXECUTION OF DOCUMENTS
      WITHOUT THE COMPANY S SEAL


- --------------------------------------------------------------------------------

PROLOGIS

Ticker:       PLD            Security ID:  743410102
Meeting Date: MAY 15, 2007   Meeting Type: Annual
Record Date:  MAR 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director K. Dane Brooksher          For       For        Management
1.2   Elect Director Stephen L. Feinberg        For       For        Management
1.3   Elect Director George L. Fotiades         For       For        Management
1.4   Elect Director Christine N. Garvey        For       For        Management
1.5   Elect Director Donald P. Jacobs           For       For        Management
1.6   Elect Director Walter C. Rakowich         For       For        Management
1.7   Elect Director Nelson C. Rising           For       For        Management
1.8   Elect Director Jeffrey H. Schwartz        For       For        Management
1.9   Elect Director D. Michael Steuert         For       For        Management
1.10  Elect Director J. Andre Teixeira          For       For        Management
1.11  Elect Director William D. Zollars         For       For        Management
1.12  Elect Director Andrea M. Zulberti         For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PUBLIC STORAGE, INC.

Ticker:       PSA            Security ID:  74460D109
Meeting Date: MAY 3, 2007    Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director B. Wayne Hughes            For       For        Management
1.2   Elect Director Ronald L. Havner, Jr.      For       For        Management
1.3   Elect Director Dann V. Angeloff           For       For        Management
1.4   Elect Director William C. Baker           For       For        Management
1.5   Elect Director John T. Evans              For       For        Management
1.6   Elect Director Uri P. Harkham             For       For        Management
1.7   Elect Director B. Wayne Hughes, Jr.       For       For        Management
1.8   Elect Director Harvey Lenkin              For       For        Management
1.9   Elect Director Gary E. Pruitt             For       For        Management
1.10  Elect Director Daniel C. Staton           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Change State of Incorporation [From       For       Against    Management
      California Corporation to Maryland Real
      Estate Investment Trust]
5     Adjourn Meeting                           For       Against    Management


- --------------------------------------------------------------------------------

REGENCY CENTERS CORP.

Ticker:       REG            Security ID:  758849103
Meeting Date: MAY 1, 2007    Meeting Type: Annual
Record Date:  MAR 7, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Martin E. Stein, Jr.       For       Did Not    Management
                                                          Vote
1.2   Elect Director Raymond L. Bank            For       Did Not    Management
                                                          Vote
1.3   Elect Director C. Ronald Blankenship      For       Did Not    Management
                                                          Vote
1.4   Elect Director A.R. Carpenter             For       Did Not    Management
                                                          Vote
1.5   Elect Director J. Dix Druce               For       Did Not    Management
                                                          Vote
1.6   Elect Director Mary Lou Fiala             For       Did Not    Management
                                                          Vote
1.7   Elect Director Bruce M. Johnson           For       Did Not    Management
                                                          Vote
1.8   Elect Director Douglas S. Luke            For       Did Not    Management
                                                          Vote
1.9   Elect Director John C. Schweitzer         For       Did Not    Management
                                                          Vote
1.10  Elect Director Thomas G. Wattles          For       Did Not    Management
                                                          Vote
1.11  Elect Director Terry N. Worrell           For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

RODAMCO EUROPE N.V. (FM.RODAMCO CONTINENTAL EUROPE NV)

Ticker:                      Security ID:  N7518K100
Meeting Date: JUN 6, 2007    Meeting Type: Special
Record Date:  MAY 30, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Information on the Contemplated   None      Did Not    Management
      Merger Between Rodamco Europe and Unibail           Vote
      Holdings
3     Receive Announcements (non-voting)  and   None      Did Not    Management
      Questions                                           Vote
4     Close Meeting                             None      Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

SIMON PROPERTY GROUP, INC.

Ticker:       SPG            Security ID:  828806109
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Birch Bayh                 For       For        Management
1.2   Elect Director Melvyn E. Bergstein        For       For        Management
1.3   Elect Director Linda Walker Bynoe         For       For        Management
1.4   Elect Director Karen N. Horn, Ph.D.       For       For        Management
1.5   Elect Director Reuben S. Leibowitz        For       For        Management
1.6   Elect Director J. Albert Smith, Jr.       For       For        Management
1.7   Elect Director Pieter S. van den Berg     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Pay for Superior Performance              Against   For        Shareholder
4     Advisory Vote to Ratify Named Executive   Against   For        Shareholder
      Officers' Compensation
5     Submit Severance Agreement (Change in     Against   For        Shareholder
      Control) to shareholder Vote


- --------------------------------------------------------------------------------

SL GREEN REALTY CORP.

Ticker:       SLG            Security ID:  78440X101
Meeting Date: MAY 24, 2007   Meeting Type: Annual
Record Date:  MAR 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Edwin Thomas Burton, III   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Increase Authorized Common Stock          For       For        Management


- --------------------------------------------------------------------------------

SUNSTONE HOTEL INVESTORS, INC.

Ticker:       SHO            Security ID:  867892101
Meeting Date: MAY 1, 2007    Meeting Type: Annual
Record Date:  MAR 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert A. Alter            For       For        Management
1.2   Elect Director Lewis N. Wolff             For       For        Management
1.3   Elect Director Z. Jamie Behar             For       For        Management
1.4   Elect Director Thomas A. Lewis            For       For        Management
1.5   Elect Director Keith M. Locker            For       For        Management
1.6   Elect Director Keith P. Russell           For       For        Management
1.7   Elect Director Steven R. Goldman          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

TAUBMAN CENTERS, INC.

Ticker:       TCO            Security ID:  876664103
Meeting Date: MAY 9, 2007    Meeting Type: Annual
Record Date:  MAR 22, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jerome A. Chazen           For       For        Management
1.2   Elect Director Craig M. Hatkoff           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   For        Shareholder


- --------------------------------------------------------------------------------

UDR INC.

Ticker:       UDR            Security ID:  910197102
Meeting Date: MAY 8, 2007    Meeting Type: Annual
Record Date:  MAR 13, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Katherine A. Cattanach,    For       For        Management
      Ph.D.
1.2   Elect Director Eric J. Foss               For       For        Management
1.3   Elect Director Robert P. Freeman          For       For        Management
1.4   Elect Director Jon A. Grove               For       For        Management
1.5   Elect Director James D. Klingbeil         For       For        Management
1.6   Elect Director Robert C. Larson           For       For        Management
1.7   Elect Director Thomas R. Oliver           For       For        Management
1.8   Elect Director Lynne B. Sagalyn, Ph.D.    For       For        Management
1.9   Elect Director Mark J. Sandler            For       For        Management
1.10  Elect Director Thomas W. Toomey           For       For        Management
1.11  Elect Director Thomas C. Wajnert          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

VORNADO REALTY TRUST

Ticker:       VNO            Security ID:  929042109
Meeting Date: MAY 22, 2007   Meeting Type: Annual
Record Date:  APR 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert P. Kogod           For       For        Management
1.2   Elect  Director David Mandelbaum          For       For        Management
1.3   Elect  Director Richard R. West           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   For        Shareholder
      of Directors


- --------------------------------------------------------------------------------

WEINGARTEN REALTY INVESTORS

Ticker:       WRI            Security ID:  948741103
Meeting Date: MAY 3, 2007    Meeting Type: Annual
Record Date:  MAR 15, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stanford Alexander         For       For        Management
1.2   Elect Director Andrew M. Alexander        For       For        Management
1.3   Elect Director James W. Crownover         For       For        Management
1.4   Elect Director Robert J. Cruikshank       For       For        Management
1.5   Elect Director Melvin A. Dow              For       For        Management
1.6   Elect Director Stephen A. Lasher          For       For        Management
1.7   Elect Director Douglas W. Schnitzer       For       For        Management
1.8   Elect Director Marc J. Shapiro            For       For        Management
2     Ratify Auditors                           For       For        Management




========= STRATEGIC PARTNERS REAL ESTATE FUND - SUB-ADVISER: PRINCIPAL =========
=========                       GLOBAL INVESTORS                       =========


EQUITY OFFICE PROPERTIES TRUST

Ticker:       EOP            Security ID:  294741103
Meeting Date: FEB 7, 2007    Meeting Type: Special
Record Date:  DEC 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       Against    Management
2     Adjourn Meeting                           For       Against    Management


- --------------------------------------------------------------------------------

PUBLIC STORAGE, INC.

Ticker:       PSA            Security ID:  74460D109
Meeting Date: AUG 22, 2006   Meeting Type: Annual
Record Date:  JUN 23, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect Director B. Wayne Hughes            For       Withhold   Management
2.2   Elect Director Ronald L. Havner, Jr.      For       For        Management
2.3   Elect Director Harvey Lenkin              For       For        Management
2.4   Elect Director Robert J. Abernethy        For       For        Management
2.5   Elect Director Dann V. Angeloff           For       For        Management
2.6   Elect Director William C. Baker           For       For        Management
2.7   Elect Director John T. Evans              For       For        Management
2.8   Elect Director Uri P. Harkham             For       For        Management
2.9   Elect Director B. Wayne Hughes, Jr.       For       Withhold   Management
2.10  Elect Director Daniel C. Staton           For       For        Management
3     Ratify Auditors                           For       For        Management
4     Adjourn Meeting                           For       For        Management




============== STRATEGIC PARTNERS REAL ESTATE FUND - SUB-ADVISER: ==============
==============                     WELLINGTON                     ==============


EQUITY OFFICE PROPERTIES TRUST

Ticker:       EOP            Security ID:  294741103
Meeting Date: FEB 7, 2007    Meeting Type: Special
Record Date:  DEC 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    Approve Merger Agreement                  For       Against    Management
02    Approve Motion To Adjourn Meeting         For       Against    Management


- --------------------------------------------------------------------------------

EQUITY OFFICE PROPERTIES TRUST

Ticker:       EOP            Security ID:  294741103
Meeting Date: FEB 7, 2007    Meeting Type: Special
Record Date:  DEC 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    Approve Merger Agreement                  For       Against    Management
02    Approve Motion To Adjourn Meeting         For       Against    Management


- --------------------------------------------------------------------------------

PUBLIC STORAGE, INC.

Ticker:       PSA            Security ID:  74460D109
Meeting Date: AUG 22, 2006   Meeting Type: Annual
Record Date:  JUN 23, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
01    Approve Merger Agreement                  For       For        Management
02.1  Election Of Directors - B. WAYNE HUGHES   For       For        Management
02.2  Election Of Directors - RONALD L. HAVNER, For       For        Management
      JR.
02.3  Election Of Directors - HARVEY LENKIN     For       For        Management
02.4  Election Of Directors - ROBERT J.         For       For        Management
      ABERNETHY
02.5  Election Of Directors - DANN V. ANGELOFF  For       For        Management
02.6  Election Of Directors - WILLIAM C. BAKER  For       For        Management
02.7  Election Of Directors - JOHN T. EVANS     For       For        Management
02.8  Election Of Directors - URI P. HARKHAM    For       For        Management
02.9  Election Of Directors - B. WAYNE HUGHES,  For       For        Management
      JR.
02.10 Election Of Directors - DANIEL C. STATON  For       For        Management
03    Ratify Appointment Of Independent         For       For        Management
      Auditors
04    Approve Motion To Adjourn Meeting         For       Against    Management


- --------------------------------------------------------------------------------

PUBLIC STORAGE, INC.

Ticker:       PSA            Security ID:  74460D109
Meeting Date: AUG 22, 2006   Meeting Type: Annual
Record Date:  JUN 23, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
02.1  Election Of Directors - B. WAYNE HUGHES   For       For        Management
02.2  Election Of Directors - RONALD L. HAVNER, For       For        Management
      JR.
02.3  Election Of Directors - HARVEY LENKIN     For       For        Management
02.4  Election Of Directors - ROBERT J.         For       For        Management
      ABERNETHY
02.5  Election Of Directors - DANN V. ANGELOFF  For       For        Management
02.6  Election Of Directors - WILLIAM C. BAKER  For       For        Management
02.7  Election Of Directors - JOHN T. EVANS     For       For        Management
02.8  Election Of Directors - URI P. HARKHAM    For       For        Management
02.9  Election Of Directors - B. WAYNE HUGHES,  For       For        Management
      JR.
02.10 Election Of Directors - DANIEL C. STATON  For       For        Management
03    Ratify Appointment Of Independent         For       For        Management
      Auditors
04    Approve Motion To Adjourn Meeting         For       Against    Management

========== END NPX REPORT


                                   SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.




Dryden Global Real Estate Fund


By




/s/ Judy R. Rice*
      (Jonathan D. Shain)





Judy R. Rice, President

(q) Power of Attorney dated March 8, 2007.  Incorporated by reference to
corresponding exhibit to Post-Effective Amendment No. 15 to the
Registration Statement on Form N1-A for the Dryden Global Total Return Fund
(File No. 33-63943) filed via EDGAR on March 30, 2007.


Date: August 21, 2007