<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2013-06-21</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001557523</issuerCik>
        <issuerName>Principal Real Estate Income Fund</issuerName>
        <issuerTradingSymbol>PGZ</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001213419</rptOwnerCik>
            <rptOwnerName>LAWLER JULIA M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>801 GRAND AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DES MOINES</rptOwnerCity>
            <rptOwnerState>IA</rptOwnerState>
            <rptOwnerZipCode>50309</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Director of Sub-Adviser</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>No Securities are beneficially owned.</remarks>

    <ownerSignature>
        <signatureName>/s/ Julia M. Lawler</signatureName>
        <signatureDate>2015-07-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
