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KPMG LLP
4200 Norwest Center
90 South Seventh Street
Minneapolis, MN 55402
INDEPENDENT AUDITORS' CONSENT
The Board of Directors
Advantus Real Estate Securities Fund, Inc.:
We consent to the use of our report dated September 8, 2000 incorporated by
reference herein and to the references to our Firm under the headings
"FINANCIAL HIGHLIGHTS" and "INDEPENDENT AUDITORS" in Part A and "FINANCIAL
STATEMENTS" in Part B of the Registration Statement.
KPMG LLP
Minneapolis, Minnesota
September 28, 2000
