Core Property has reviewed the Charter Hall Direct Industrial Fund No.4, an open-ended unlisted property fund that invests in a portfolio of industrial and logistics properties across in Australia.
The Fund is managed by Charter Hall Holdings Pty Limited, a wholly owned subsidiary of Charter Hall Group (ASX:CHC) an ASX-listed fund manager with over $83 billion of assets under management.
The Fund focusses on delivering a regular income for investors, supported by a $3.2 billion portfolio of high-quality, institutional-grade industrial and logistics assets underpinned by long leases to highly regarded tenants which have reported 100% occupancy since inception in 2016.
The Fund has consistently paid distributions of 6.00 to 6.75 cents per unit (annualised) with current distributions of 6.00 cents per unit (annualised).
The Fund is open to retail investors with a minimum investment of $20,000. Investors may subscribe for units on a daily basis. Liquidity is expected to be offered every 6 months (on a limited basis) with full liquidity every 5-years (next in November 2026).
Core Property has rated the Fund as RECOMMENDED.