CHARTER Hall Direct Property has been awarded the 2016 Professional Planner Zenith Fund Award for Direct Property for its Direct Office Fund (DOF).
Charter Hall Direct head Nick Kelly said the recognises the team effort across the Direct Property funds platform which provides investors with sector leading direct property investment opportunities.
“We are proud to be recognised as Australia’s leading direct property fund manager, managing unlisted property funds and syndicates for investors, including SMSFs and high net worth individuals, for more than 25 years,” he added.
DOF is an unlisted property fund investing in a diversified and growing portfolio of high quality Australian office properties. DOF currently comprises nine fully leased office buildings in Sydney, Melbourne, Brisbane and Perth valued at over $840 million.
DOF achieved a total return of 20.1%2 per annum in the 12 months to June 30, 2016. This compares to the benchmark (MSCI/IPD Australian Unlisted Wholesale Property Fund Index) return of 12.8% over the same period.
Australian Property Journal