The Cromwell Direct Property Fund (Fund) is an open-ended unlisted property fund that owns properties directly and also via investment in a number of unlisted property trusts. The portfolio has an impressive weighted average lease profile and generates strong, stable rental income predominantly from blue chip and Government tenants.
The Fund’s strict investment criteria has been designed to ensure that, as the portfolio grows, it retains the characteristics that make it an award winning fund – long leases, stable income and diversification by property asset class and geography
Objective of the Fund
The Cromwell Direct Property Fund aims to provide investors with a monthly tax advantaged income stream combined with the potential for capital growth through investing in a diversified portfolio of quality property assets.
The Fund owns a diversified portfolio of direct property and property trusts. Over time, as the Fund acquires or sells assets consistent with its investment strategy, the specific assets comprising the Fund’s investment portfolio will change.
As at December 31 2020 the Fund owned a portfolio of 9 assets with occupancy valued at approximately $823 million with a WALE of 6.5 years.
The Fund pays distributions monthly.
Term & Liquidity
There is no minimum or maximum term of investment.
Withdrawals are processed monthly and limited to the terms detailed in the PDS and are subject to the Fund’s liquidity policy and monthly withdrawal facility, as detailed in the PDS. The ability of the Fund to offer monthly withdrawals is not guaranteed.
Refer to the PDS.
For more information please contact the manager for a PDS.
For more information on unlisted property funds and property syndicates please refer to the following guide.
The information provided above should be seen as factual information and not financial advice. All the information provided is not intended to imply any recommendation or opinion about a financial product.
We recommend seeking advice from professional and qualified financial planners prior to investing in any financial product.
- Category : Equity Funds
- Manager : Cromwell Group
- Term : Open-ended
- Yield : 5.80%
- IRR : n/a
- Minimum Investment : 10000