Dexus Regional Property Fund
The Dexus Regional Property Fund (the “Fund”) is a fixed term direct property fund which owns two commercial office buildings in Newcastle, New South Wales.
At a glance
Investment type
Unlisted direct property fund
Fund status
Closed
Properties
Two A-grade office buildings, each seven levels, located in the heart of Newcastle's CBD at 26 and 28 Honeysuckle Drive, Newcastle NSW.
Investment term
5 years
Liquidity
Withdrawals are not available during ther term of the Fund. A liquidity event is planned in 2024
Major tenant
Sparke Helmore Lawyers, Nine, QBE, EML, Noble Resources, Yancoal Australia, Australian Border Force
Real Estate Securities Contact
Dexus Investor Services
*Forecast only, distributions and returns and performance are not guaranteed – The forecast remains subject to a number of uncertainties and assumptions.
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The two A-grade office properties, that have recently undergone a major asset enhancement program, are located in the fast-growing region of Newcastle with access to excellent transport options. The buildings are well leased to Government and national corporate tenants, underpinning relatively stable and secure rental income.