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Core Property reviews the Dexus Wholesale Australian Property Fund

Core Property reviews the Dexus Wholesale Australian Property Fund

Core Property has reviewed the Dexus Wholesale Australian Property Fund, an open-ended unlisted property fund with a diversified portfolio of properties in Australia.

The Fund is managed by Dexus Capital Funds Management Limited, a wholly owned subsidiary of Dexus (ASX:DXS) an ASX-listed fund manager with over $53 billion of assets under management. The Fund was established in 1985 and has been managed by Dexus since 2023 following the acquisition of the AMP real estate business.

  • The Fund is open-ended and investors may purchase units on a daily basis. 
  • The Fund invests in a well diversified portfolio of properties in the industrial, retail, office and alternatives sectors, valued at $1.9 billion. 
  • The Fund targets a regular distribution income and has a track record of consistently paying distributions over a 40-year period. 
  • Full liquidity is available and the Manager currently expects to fill all redemption requests within 12 months on an ongoing basis. 

The Fund is open to retail investors with a minimum investment of $10,000. 

Core Property has reaffirmed the rating of the Fund as RECOMMENDED.

The latest unit price and Fund details can be found on the Fund’s website, located here.