The Diversified Property Fund for Charities (DPFC), managed by Eskmuir Group, has marked its 10th anniversary by announcing it has delivered a total return for investors of 119.5%.
Launched in 2015, DPFC is a tax efficient investment trust aimed at charities and endowments wishing to access a diversified commercial property portfolio which delivers a sustainable and reoccurring income.
With c.£100m of assets under management, DPFC has grown its UK-wide portfolio by investing in office, retail, and industrial multi-let properties in strong locations with diversified income streams. As a result, and through a proactive asset management approach, DPFC has delivered total returns of 9.8% per annum over the past 10 years, outperforming both MSCI and AREF benchmarks. Seed investors have received distributions totalling 71.70p per unit.
Close working relationships with its occupiers has helped generate a rent collection rate averaging 96% of the rents demanded within 21 days of the quarter day and a nominal average running void of 3.1% against an industry average of 8.7% (MSCI).
Redwood drafted and distributed this press release on behalf of Eskmuir to real estate and charity media.
