subscribe to our newsletter
Charter Hall eyes SMSFs with direct office fund

Charter Hall eyes SMSFs with direct office fund

Jotham Lian
31 March 2017

The addition of the Charter Hall Direct Office Fund to several investment and superannuation platforms has provided SMSF practitioners and trustees with greater access to funds.

The Direct Office Fund (DOF) is an unlisted property fund investing in a diversified portfolio of Australian office properties. It is now available on BT Wrap, BT Panorama, Macquarie Wrap, Colonial First State FirstWrap, HUB24, Netwealth and Powerwrap.

Head of Charter Hall Direct, Steven Bennett, said DOF continues to see interest from “high-net-worth, SMSFs, investors in retail super and pension platforms, and advised investors.”

“Overall, we see a noticeable increase in interest for institutionally managed direct property funds, which are providing a starting yield to investors above 6.0 per cent for high quality assets with conservative gearing,” Mr Bennett said.

“Despite the recent broader listed market volatility, unlisted investor demand for direct property remains robust due to the income yield and growth in distributions driven by long leases with fixed rental growth.”

 

Charter Hall eyes SMSFs with direct office fund
smsfadviser logo
join the discussion

Do your clients plan to add additional members to their SMSF if the new six member limit is passed as law?

SUBSCRIBE TO THE
SMSF ADVISER BULLETIN

Get the latest news and opinions delivered to your inbox each morning

In this month's issue:

  • Time wrap
  • The tech bull run
  • From hobby to passion
  • Golden Years
  • An untimely reminder
  • Why change is so difficult
  • Key Strategies for equalising super