DENVER--(BUSINESS WIRE)--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 $0.145 per common share, payable on the dates noted below. Based on the Fund’s current share price of $19.40 (as of market close on January 28, 2015), the distributions represent an annualized distribution rate of 8.97%. This new rate represents an increase over the Fund’s previous distributions. "Si