Diversified Property Fund (DPF)

    The Diversified Property Fund (DPF), launched in November 2005, is an unlisted open-ended fund that invests in quality assets across office, retail and industrial sectors throughout Australia, with properties generally in the range of $5 million to $30 million in value. The Fund's investment objective is to provide stable distribution returns for investors with capital growth over the medium term across a well diversified portfolio of assets.

    Capital Returns

    At a meeting of unitholders on 26 May 2011 a resolution was approved to sell the DPF's interest in the Coles Distribution Centre, Perth Airport. On 16 November 2011, investors in DPF were paid a return of capital of 4.00 cents per unit (cpu) from the proceeds of the final tranche of the sale of the Fund's investment in the Coles Distribution Centre, Perth Airport. With this latest and previous capital returns, a total of 12.40 cpu of capital has been distributed to DPF investors since 1 July 2011.

    Closed for Investment

    Ahead of the Fund's liquidity review event scheduled for October 2012, the Responsible Entity has determined to, at this point in time, close DPF for new applications by withdrawing the Fund's Product Disclosure Statement and discontinuing the distribution reinvestment plan. The Responsible Entity may re-open DPF to investment depending on the outcome of the liquidity review event.

    This information has been prepared by Charter Hall Funds Management Limited ABN 31 082 991 786; AFSL 262861 ("CHFML") for information purposes only. This website is not an offer to sell or a solicitation or an offer to subscribe or purchase or a recommendation of any securities referred to herein and the information has not taken into account any potential investors' personal objectives, financial situation or needs. Before investing, you should consider your own objectives, financial situation and needs or you should obtain financial, legal and/or taxation advice.

    CHFML does not receive fees in respect of the general financial product advice it may provide, however they will receive fees for operating the schemes of which it is the responsible entity ("Schemes") which, in accordance with the Schemes' Constitutions, are calculated by reference to the value of the assets of the Schemes. Entities within the Charter Hall Group may also receive fees for managing the assets of, and providing resources to the Schemes. For more detail on fees, see our latest annual report. To contact us, call 1300 365 585 (local call cost).