Centuria Diversified Property Fund

ARSN 611 510 699 APIR CNT0032AU

The Centuria Diversified Property Fund (CDPF) is an open-ended unlisted property fund that aims to provide monthly tax effective income and long term capital growth by investing in a diversified portfolio of property assets located within Australia.

The Fund has recently further diversified with the addition of industrial assets to the portfolio.

You can invest in this property investment fund with as little as $10,000. There is no minimum or maximum term of investment^.

Only got 4 minutes? Watch our explainer video
Watch the Animated Explainer Video

7.30cpu1
Distribution rate
annualised

Monthly
income
(82.3% tax deferred)2

$–
Unit price3
 

$207m4
Fund size

Fund Distributions

(previous 6 months)
–

Fund Performance5 (as at –)

–

Fund Objective

The Centuria Diversified Property Fund objective is to provide tax effective monthly 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 property within Australia as well as in liquid investments.

The following table reflects the Fund’s target asset allocation, and is a guide only and, at times, the actual asset composition of the Fund may be different from the target.

Asset ClassTarget
Asset Allocation (%)
Direct property and unlisted property funds90-100
A-REITs, cash or cash-like products0-10
TOTAL100

Property Portfolio Highlights

The Centuria Diversified Property Fund invests in six direct property assets and 10 properties via Centuria’s unlisted property funds (a total of 16 properties).

3.72 years6
Portfolio
WALE

98.39%6
Portfolio
occupancy

42.62%7
Portfolio
gearing

4.22 ★
Avg NABERS
Energy Rating

  • 36 Caribou Drive, Direk, Adelaide SA

  • 171 Camboon Road Malaga WA

  • 13-15 Compark Circuit, Mulgrave, Vic

  • 25 Montpelier Road, Bowen Hills, Qld

  • 381 Macarthur Ave, Hamilton, Qld

  • 10 Moore Street, Canberra, ACT

  • 60 Brougham St, Geelong, VIC

  • 1231 Sandgate Road, Nundah, Qld

  • 80 Grenfell St, Adelaide, SA

  • 203 Pacific Highway, St Leonards, NSW

  • Data61 building, South Eveleigh, NSW

  • BIOMED Building, South Eveleigh, NSW

  • The Belltower, South Eveleigh, NSW

  • 8 Australia Ave, Sydney Olympic Park, NSW

  • 8 Central Ave, South Eveleigh, NSW

6. As at 30 November 2021
7. Lookthrough gearing based on unaudited management accounts as at 30 June 2021. Updated on a semi-annual basis.

SIV Compliant Fund

SIV Compliant Fund

The Centuria Diversified Property Fund complies with the SIV guidelines. Find more information about SIV compliance

Why Centuria?

Why Centuria?

Centuria Capital Group (Centuria; ASX:CNI) is an Australian Securities Exchange-listed specialist fund manager. Centuria Property Funds Limited (ABN 11 086 553 639, AFSL 231149), a wholly-owned subsidiary of Centuria, is the Responsible Entity of the Centuria Diversified Property Fund (CDPF) (ARSN 611 510 699).

Centuria offers investments in listed and unlisted property across 400+ high quality office, industrial, large format retail, daily needs retail, rural and healthcare assets around Australia. We are a relationship business, forging close connections with investors and actively managing properties to improve usability and attract and retain good tenants. We see this as our competitive advantage.

The unlisted business has a 20 year heritage and in that time, has completed 44 unlisted property funds8.

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 there is the potential for value to be added at all stages of the investment process (acquisition, ownership, management and disposal).

Centuria believes it 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 office and industrial 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.

8. As at 31 December 2020. All available funds have been returned to investors

Invest Now

You can invest using our online application form

Invest Now >

Design and Distribution Obligations (DDO)

This new ASIC requirement will impact the process of investing with Centuria directly or indirectly via your investment platform.

Find out more >

Investment Portfolio

CDPF invests in direct property, Centuria unlisted property funds, cash and an ASX-listed A-REIT

Review Portfolio >

Investor Centre

Unit Prices, Performance history, Continuous Disclosures, Forms and more.

Access Investor Centre >

News about Centuria Diversified Property Fund

Groundbreaking-51 Caribou Drive Direk SA
26.10.2021

Centuria & Samaras Break Ground on $38m Apex Industrial Development

Joint development partners, ASX-200 listed Centuria Capital Group (ASX: CNI) and Samaras Group, were joined by City of Salisbury Mayor, Gillian Aldridge OAM, and steel manufacturing operator, Apex Group, to celebrate breaking ground on the new $38.25 million industrial development in Direk, South Australia.

Read more >
171 Camboon Road Malaga WA
20.07.2021

Centuria Captures Mum & Dad Appetite for Industrial Investments

To capitalise on retail investor appetite for industrial real estate, the unlisted, open-ended Centuria Diversified Property Fund (CDPF) has secured two industrial facilities worth $50 million on a 11.45 year Weighted Average Lease Expiry (WALE), underpinned by blue-chip national tenants.

Read more >
Doug Hoskins CDPF Q&A Video
14.01.2021

Centuria Diversified Property Fund Q&A

Watch Fund Manager, Doug Hoskins, answer some key questions about the Centuria Diversified Property Fund and how it could fit into your investment portfolio.

  1. Tell us about this Fund
  2. How has the Fund’s performance tracked during the past twelve months?
  3. Why you would invest in this Fund?
  4. What’s the future outlook for this Fund?
Read more >
Internal office fitout
16.12.2019

The Best of Three: Liquidity, Yield and Capital Growth

Different property investment strategies may achieve different outcomes. Can you achieve liquidity, yield and capital growth through commercial property investing? Read our new eBook to find out more.

Read more >
13-15 Compark Circuit Mulgrave
28.11.2019

Centuria’s Diversified Property Fund acquires its fourth direct property – expanding AUM to over $200M

13-15 Compark Circuit is located within the heart of the Monash Office and Technology Precinct, one of the largest office precincts outside the Melbourne CBD. The precinct is home to several significant facilities and a highly skilled local workforce. The property is a 100% leased A-Grade quality suburban office asset with a 4.0-star NABERS energy rating and a 3.3-year WALE underpinned by a strong tenant mix with multiple long-term tenants.

Read more >

^ Redemptions are limited to the terms detailed in the PDS and are subject to CDPF’s liquidity policy
* CPU = Cents per unit
~ Inception date 24 June 2016. Annualised total return figures are the sum of the annualised income return and the annualised capital return (each calculated on a standalone basis).

#Core Property ratings disclaimer:
The Core Property rating (assigned in April 2021) presented in this document has been prepared and issued by Core Property Research Pty Ltd (“Core Property”), which is an Authorised Representative ASIC number 1280479 of Core Property Research Holdings Pty Ltd (ACN 633 170 751, AFS License No. 518320) (Licensee), and trading as Core Property. Whilst the information contained in the report has been prepared with all reasonable care from sources that Core Property believes are reliable, no responsibility or liability is accepted by Core Property for any errors, omissions or misstatements however caused. Past performance information is for illustrative purposes only and is not indicative of future performance. The Core Property publication is not and should not be construed as, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information only. Neither Core Property nor the Participant is aware that any recipient intends to rely on this Report or of the manner in which a recipient intends to use it. To access the full report, please visit www.coreprop.com.au. The rating is subject to change without notice and Core Property assumes no obligation to update the report.

Lonsec ratings disclaimer:
The Lonsec Rating (assigned April 2021) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). 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 Centuria 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.lonsecresearch.com.au/research-solutions/our-ratings

CA-CPFL-12/11/18-00869

You are now leaving Centuria Australia
and entering Centuria New Zealand.

continue