<TABLE> <S> <C>

<PAGE>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM STATEMENTS
OF ASSETS & LIABILITIES; STATEMENTS OF OPERATIONS; STATEMENTS OF CHANGES IN NET
ASSETS; STATEMENTS OF CASH FLOWS; PER SHARE TABLE; SCHEDULE OF INVESTMENTS AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 002
   <NAME> THE PRUDENTIAL VARIABLE CONTRACT REAL PROPERTY PARTNERSHIP
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      213,569,256
<INVESTMENTS-AT-VALUE>                     195,628,917
<RECEIVABLES>                                1,852,470
<ASSETS-OTHER>                               8,163,509
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             226,132,091
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                          3,302,968
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                       11,848,275
<SHARES-COMMON-PRIOR>                       11,848,275
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                               226,132,091
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              279,071
<OTHER-INCOME>                               5,750,047
<EXPENSES-NET>                               2,620,253
<NET-INVESTMENT-INCOME>                      3,408,865
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                    (111,515)
<NET-CHANGE-FROM-OPS>                        3,297,350
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       3,297,350
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          683,479
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,620,253  
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                           18.529
<PER-SHARE-NII>                                  0.288
<PER-SHARE-GAIN-APPREC>                        (0.009)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             18.807
<EXPENSE-RATIO>                                   1.18
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>