Head of Charter Hall Direct, Steven Bennett, said DOF continues to see interest from “high-net-worth, SMSFs, investors in retail super and pension platforms, and advised investors.”

“Overall, we see a noticeable increase in interest for institutionally managed direct property funds, which are providing a starting yield to investors above 6.0 per cent for high quality assets with conservative gearing,” Mr Bennett said.

“Despite the recent broader listed market volatility, unlisted investor demand for direct property remains robust due to the income yield and growth in distributions driven by long leases with fixed rental growth.”