Fund at a glance
- Properties 8
- Portfolio valuation $309.9 million
- Occupancy 100%
- WALE 13.1 years
The Charter Hall Direct Industrial Fund No.3 (DIF3) is an unlisted property fund investing in a diversified portfolio of Australian industrial property assets.
Following high level of investor interest DIF3 successfully acquired its total equity amount of $165 million. DIF3 will look to acquire a $250 million diversified industrial property portfolio.
The fund aims to deliver investors with sustainable, stable, tax-advantaged income, plus the potential for capital growth.
DIF3 followed the successful launch of DIF1, which attracted close to $120 million of equity from investors in 2012, and DIF2, which attracted $135 million of equity from investors in 2013.
DIF3 is now closed to investment.
- DIF3 was rated Highly Recommended1 by Lonsec and AA+ by PIR
- Charter Hall's Direct property business was awarded the Best Commercial Property Fund Manager at the 2015 CoreData Self-Managed Super Fund (SMSF) Service Provider Awards. Click here to read more.
Click on the Lonsec rating logo to download the report. Lonsec Report is for financial advisers only1.
1. The Lonsec Rating (assigned October 2014) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Rating is a “class service” (as defined in the Financial Advisers Act 2008 (NZ)) or is limited to “General Advice” and based solely on consideration of the investment merits of the financial product(s). In New Zealand it must only be provided to “wholesale clients” (as defined in the Financial Advisers Act 2008 (NZ)). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Charter Hall product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at:http://www.beyond.lonsec.com.au/intelligence/lonsec-ratings
Charter Hall partners with SMSF Association to educate growing SMSF sector on benefits of investing in Australian commercial property
One of Australia’s leading property groups, Charter Hall Group, today announced a strategic partnership with the SMSF Association, an independent, professional body representing Australia’s self-managed super fund sector, and with over 1.1 million Australians now self-managing their super.
Charter Hall launches new direct industrial fund to meet investor demand for income yield and resilient growth
Charter Hall Group today announced the launch of its fourth Direct Industrial Fund (DIF4) which features a target income yield of 6.5%* plus capital growth.
DIF4 will invest in a portfolio of high quality industrial property that is 99.8% occupied and has a long weighted average lease expiry (WALE) of more than 15 years.
The initial portfolio comprises exposure to a portfolio of 27 industrial logistic assets geographically dispersed throughout Australia. The total gross assets of DIF4 initially comprise $84 million however, this is expected to grow to over $400 million as additional equity is raised and deployed.
This information has been prepared by Charter Hall Direct Property Management Limited ABN 56 073 623 784; AFSL 226849 (‘CHDPML’) 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. CHDPML does not receive fees in respect of the general financial product advice they may provide, however they will receive fees for operating DIF3 which, in accordance with DIF3's constitution, are calculated by reference to the value of the assets of DIF3. Entities within the Charter Hall Group may also receive fees for managing the assets of, and providing resources to DIF3. For more detail on fees, see the fund’s product disclosure statement. To contact us, call 1300 652 790 (local call cost).
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DIF4 is the fourth in the highly rated industrial fund series which initially launched in 2010
*Yield based on the forecast FY2018 distribution rate of 6.50 cents per unit. Distributions for future quarters may vary.