# EDGAR Filing Document

**Accession Number:** 0001896329
**File Stem:** 0001896329-23-000009
**Filing Date:** 2023-3
**Character Count:** 10069
**Document Hash:** 60728da36e880ca9b2ed5503d7196bfd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001896329-23-000009.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001896329-23-000009

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO Flexible Real Estate Income Fund
- **CENTRAL INDEX KEY:** 0001896329
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23779
- **FILM NUMBER:** 23688814

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** (888) 877-4626

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** PIMCO Flexible Real Estate Income Fund

- **b. Investment Company Act file number:** 811-23779

- **c. CIK number of Registrant:** 0001896329

- **d. LEI of Registrant:** 549300SFL5R6AT4FZ471

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (844) 312-2113

**Item A.2. Information about the Series.**

- **a. Name of Series:** N/A

- **c. LEI of Series:** N/A

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $41118450.49

**Total Liabilities:** $10515738.79

**Net Assets:** $30602711.70

**Cash Not Reported:** $138868.49

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 1822.122100 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 6275.730800 | **1-Year:** 138.544500 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A |  | 0.29%                | 0.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $35387.83                                  |
| Month 3  | $2136.98                 | $597.82                                    |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** 0

### Schedule of Portfolio Investments

| Name                                                 | Title                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BX COMMERCIAL MORTGAGE TRUST 2021-MC                 | BX TRUST BX 2021 MC F 144A                          | CUSIP: 05608GAL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2699232.30   | 8.82%             | 2034-04-15      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2017-SLCT                                   | BX TRUST BX 2017 SLCT E 144A                        | CUSIP: 05607DAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2195324 | PA      | $2162618.16   | 7.07%             | 2034-07-15      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2022-FOX2                                   | BX TRUST BX 2022 FOX2 B 144A                        | CUSIP: 05610AAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2771703.30   | 9.06%             | 2039-04-15      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MORTGAGE CAPITAL CERTIFICATES 2020-NET | CREDIT SUISSE MORTGAGE TRUST CSMC 2020 NET E 144A   | CUSIP: 126438AL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2577867.15   | 8.42%             | 2037-08-15      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2019-NUGS             | MORGAN STANLEY CAPITAL I TRUST MSC 2019 NUGS C 144A | CUSIP: 61692AAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2687131.50   | 8.78%             | 2036-12-15      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS HOTEL TRUST 2019-HNLA                    | NEW ORLEANS HOTEL TRUST NOHT 2019 HNLA C 144A       | CUSIP: 647622AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2802611.10   | 9.16%             | 2032-04-15      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| SMRT 2022-MINI                                       | SMRT SMRT 2022 MINI E 144A                          | CUSIP: 78457JAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2748785.10   | 8.98%             | 2039-01-15      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| SREIT                                                | PROJECT SUMMIT TERM LOAN                            | CUSIP: 948DBQII0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  15024333 | PA      | $13672143.26  | 44.68%            | 2027-05-09      | Floating      | 5.97%                 | No            |                  3 | On Loan: No      |
| UNITED STATES GOVT                                   | TREASURY BILL 02/23 0.00000                         | CUSIP: 912796YA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4700000 | PA      | $4676655.99   | 15.28%            | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                   | TREASURY BILL 03/23 0.00000                         | CUSIP: 912796U31<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1386984.91   | 4.53%             | 2023-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                   | TREASURY BILL 03/23 0.00000                         | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $496173.80    | 1.62%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                   | TREASURY BILL 03/23 0.00000                         | CUSIP: 912796YL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2200000 | PA      | $2181777.40   | 7.13%             | 2023-03-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | REVERSE REPO BANK OF NEW YORK                       | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -3971178 | PA      | $-3982947.62  | -13.02%           |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                  | REVERSE REPO BANK OF AMERICA REVERSE REPO           | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -2052675 | PA      | $-2060472.31  | -6.73%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                  | REVERSE REPO SOCIETE GENERALE REVERSE REPO          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -2058750 | PA      | $-2065472.92  | -6.75%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                  | REVERSE REPO SOCIETE GENERALE REVERSE REPO          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -2277000 | PA      | $-2283158.23  | -7.46%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-09

**Name of Applicant:** PIMCO Flexible Real Estate Income Fund

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer