Track Record
Total returns
Since inception it has delivered a total return of 104% (9.6% annualised) with 66% distribution return and 38% growth in net asset value. The quarterly distribution has grown year on year (including during the Covid-19 pandemic) providing a distribution of c. 6% pa.
Growth & Diversity
From a seed portfolio of four properties worth £18m, DPFC has grown to c. £100m with a broad asset base including c. 100 tenancies across the three principal commercial property sectors located within the major UK regions.
Investors
DPFC’s investor base has grown threefold since inception with all the seed investors having added to their initial investment.
Distributions
Distributions have been maintained or increased year on year since inception with seed investors having received a distribution of 7.0% pa.
Income Focus
DPFC’s income focussed approach to real estate asset management has delivered returns in excess of industry benchmarks due to; the vacancy rate averaging 2.9% since launch, a diverse occupier base with strong financial covenants, the high levels of rent collection achieving 100% during the Covid 19 Pandemic, strong locations with targeted weightings towards performing sectors aligned to economic, social and occupier trends and a focus on mitigating property risks whilst driving returns.
Performance
Total Returns
*Annualised