Diversified Property Fund
Latest Unit Price
The amount available for withdrawal
- For the month of January 2018: $5,747,681
Centuria’s diversified fund is open for investments on a daily basis and has a monthly limited liquidity facility. Investors can access Centuria’s property investment capabilities via a single diversified fund.
The Fund is a multi-asset, open-ended unlisted property fund investing in real property, unlisted property schemes, ASX listed A-REITs and cash deposits.
The Centuria Diversified Property Fund aims to provide monthly tax effective income and the potential for long term capital growth by investing (directly and indirectly via investments in unlisted property schemes which invest in direct property) in a diversified portfolio of predominantly office, industrial and retail properties located in Australia. The Fund will also hold approximately 20% of its assets in liquid investments. These will consist of cash and ASX listed A-REITs.
$10,000. Centuria may accept initial investments that are less than $10,000 at its discretion. The minimum additional investment amount is $1,000.
Term of Investment
There is no minimum term during which Investors must retain their Units in the Fund. Equally, there is no maximum term of investment as the Fund’s term will be ongoing.
Centuria’s Value Add Investment Philosophy
Centuria’s investment philosophy is founded on an active management approach to real estate where relationships are key and value can be added at all stages of the investment process (acquisition, ownership, management and disposal). Centuria has a particular strength in identifying assets that require intensive asset
management to maximise returns and has an in-house team to deliver the requisite range of value-add services. Centuria does not try to predict broader macro economic trends but instead believes that an asset that is well acquired and actively managed will outperform a passive approach through the full economic cycle.
Centuria’s Investment Process
Centuria believes in a “hands-on” approach to managing property assets. Unlike a lot of property fund managers, Centuria does not outsource its property management to real estate agents (although property management may be outsourced in remote locations or for special purpose assets). Centuria has a fundamental belief that it can deliver better returns from its property assets by having a closer relationship with the tenants and a better understanding of the buildings themselves.
1. Key portfolio metrics are based on the underlying unlisted property schemes CDPF invests in as at 18 December 2017
2. Gearing on a look through basis.
Diversified Property Fund – Portfolio