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.
For further information:
For media enquiries: