Portfolio

PORTFOLIO VALUE

c.£100m

WITH A TARGET FUND SIZE OF £200M

c.£7m

AVERAGE LOT SIZE

AVERAGE OF

97%

OF RENT COLLECTED WITHIN 21 DAYS

AVERAGE VOID RATE OF

3.0%

SINCE INCEPTION. THE MSCI AVERAGE IS 8.4%

At a portfolio level the Fund diversifies various property risks through a broad occupier, sector and geographical base.

The Fund targets geographical regions which are set to outperform economically. The DPFC portfolio is diversified through seven regions of the UK with c. 70% of the portfolio in the South East, South West and East regions which are currently demonstrating attractive economic activity along with supply and demand characteristics.

In selecting the assets to form the DPFC portfolio, the Fund has sought to align the portfolio with the prevailing economic, social and occupier trends to support resilient returns.

The portfolio sector weightings are: Multi-let industrial and trade parks 67%, offices 16%, and retail warehouses 17%.

The portfolio is biased towards multi-let properties, a sub-sector of the property market that offers diverse rental income streams, spreading occupier risk and creating recurring growth opportunities. Multi-let assets suit active asset management with each property held by the Fund subject to an individual five year asset plan setting out a route map to deliver performance.