Charter Hall Direct Office Fund (DOF)
Open To Retail Investors

Charter Hall Direct Office Fund (DOF)

Charter Hall Direct Office Fund (DOF)
Charter Hall Direct Office Fund (DOF)
|
Last Updated 05.11.2025

An unlisted property fund with a diversified and growing quality office property portfolio, focused on CBD and established property markets.

Charter Hall Direct Office Fund (DOF)
Min. Investment
$20,000
Objective
Growth and Income
Structure
Managed Fund
Category
Property
Liquidity
Illiquid
Closing Date
Open-ended
View More Details
Min. Investment
$20,000
Objective
Growth and Income
Structure
Managed Fund
Category
Property
Liquidity
Illiquid
Closing Date
Open-ended
Industry
Property & Construction
Funding Stage
Unlisted Mature Fund
Security Type
Unit in a trust
Target Capital
N/​A
Availability
Open for investment

Comparison Data

  1
Morningstar Overall Rating ™
N/A

Performance

1 month3 month1 year3 year5 yearSince InceptionInception Date
0.23%1.45%-5.62%-12.84%-3.07%6.11%1 Oct 2014

Fees

Management FeePerformance FeeMorningstar Total Cost Ratio
0.77%0.19%1.13%
Performance and Fee data provided by Morningstar as of 5 Nov 2025.

Investment Highlights

Current distribution yield 8.8% p.a.*
Regular, tax-advantaged income paid quarterly
Focus on CBD and established property markets along the east coast of Australia
Capital growth potential
Now open: Limited equity raise at a discount to the prevailing Unit Price**

Important information

* For new Wholesale A Units acquired under the Priority Offer. Wholesale A Units at a 2.5% discount to the prevailing Unit Price during the Priority Offer Period. The Priority Offer Period and Priority Offer Amount can be varied by the Responsible Entity at its discretion. Distribution yields are calculated at a point in time by dividing the annualised income distribution by the unit price. The distribution yield is calculated at a point in time and will fluctuate when the distribution amount or unit price changes. The distribution yield is based on the forecast distribution rate of 8.25 cpu (annualised) for the quarter commencing 1 October 2025, and a discounted unit price of $0.93 as at 30 September 2025. Distributions for future periods may vary. Refer to the Investor Centre for the latest unit price and distribution information.

** New Wholesale A Units acquired under the Priority Offer will be issued at a 2.5% discount to the prevailing Unit Price during the Priority Offer Period. The Priority Offer Period and Priority Offer Amount can be varied by the Responsible Entity at its discretion.

CURRENT DISTRIBUTION YIELD*

8.8% p.a.

PORTFOLIO VALUATION

$1.7bn

WALE (WEIGHTED AVERAGE LEASE EXPIRY)

4.7 years

OCCUPANCY

98%

DISTRIBUTIONS

Quarterly

LIQUIDITY

Illiquid

 

The Fund has no fixed termination date.

 

Important information

* For new Wholesale A Units acquired under the Priority Offer. Wholesale A Units at a 2.5% discount to the prevailing Unit Price during the Priority Offer Period. The Priority Offer Period and Priority Offer Amount can be varied by the Responsible Entity at its discretion. Distribution yields are calculated at a point in time by dividing the annualised income distribution by the unit price. The distribution yield is calculated at a point in time and will fluctuate when the distribution amount or unit price changes. The distribution yield is based on the forecast distribution rate of 8.25 cpu (annualised) for the quarter commencing 1 October 2025, and a discounted unit price of $0.93 as at 30 September 2025. Distributions for future periods may vary. Refer to the Investor Centre for the latest unit price and distribution information.

Now open: Limited equity raise at a discount to the prevailing Unit Price

DOF is well-positioned to benefit from a rebound in the office investment cycle, and for a limited time the Fund will be raising $100 million of equity.**

 

The Priority Offer enables Existing Investors and new Applicants to subscribe for Wholesale A Units in the Fund at a 2.5% discount to the prevailing Unit Price during the Priority Offer Period. The Priority Offer Period will expire on the date on which $100 million is raised.**

 

All Existing Investors and new Applicants should read the Product Disclosure Statement dated 20 February 2025 before making any decision to participate in the Priority Offer.

 

Important information

** New Wholesale A Units acquired under the Priority Offer will be issued at a 2.5% discount to the prevailing Unit Price during the Priority Offer Period. The Priority Offer Period and Priority Offer Amount can be varied by the Responsible Entity at its discretion.

Charter Hall Direct Office Fund (DOF) is an unlisted property fund with a diversified and growing quality office property portfolio with a focus on CBD and established property markets.

 

The Fund invests in Australian office properties with a focus on CBD and established property markets along the east coast, being the office markets with some of the strongest fundamentals.

 

The target market for the Fund is investors with a medium risk and return profile who are seeking capital growth and income distributions by investing up to 10% of their investment portfolio for a long investment timeframe. The Fund should be considered an illiquid investment, and investors who require access to their capital other than in response to the major five-yearly liquidity events are not in the target market.

 

View the DOF property portfolio 

View DOF’s performance 

Important information

The information on this website in relation to Charter Hall Direct Office Fund (“DOF”) (ARSN 116 064 343), (“Fund”) has been prepared by Charter Hall Direct Property Management Limited (“CHDPML”) (ABN 56 073 623 784 AFSL 226849). CHDPML as responsible entity for the Fund has issued a product disclosure statement (“PDS”) dated 20 February 2025 and any supplementary PDS, which sets out the offer to apply for units in the Fund, and has made a target market determination (“TMD”) for the Fund (both of which are available at www.charterhall.com.au). The information on this website is not intended to be and does not constitute a PDS or disclosure document as those terms are defined in the Corporations Act 2001 (Cth). It does not constitute an offer for the issue, sale or purchase of any securities or any recommendation in relation to investing in the Fund and reliance should not be placed on this website as the basis for making an investment decision. The information on this website is general in nature and has been prepared without taking account of any particular investor's objectives, financial situation or needs. While every care has been taken in the preparation of the information on this website in relation to DOF, CHDPML does not make any representation or warranty as to the reliability, accuracy or completeness of any statement in it, including without limitation any forecasts or opinions, and persons viewing this website should conduct their own inquiries and investigations. Performance information, opinions and estimates provided on this website are based on assumptions, contingencies and market conditions which are subject to change without notice, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct, and should not be relied upon as an indication of future performance. Past performance is not a reliable indicator of future performance. Distributions are subject to risks outlined in the PDS and may vary in the future. The information on this website in relation to DOF is subject to change, and updated information about the Fund can be found at www.charterhall.com.au/direct. To the maximum extent permitted by law CHDPML disclaims all liability for any loss or damage which may arise out of the provision to or by any person of the information contained on this website in relation to DOF. All figures stated on this website are in Australian dollars unless otherwise stated. If you are considering an investment in DOF you should read the PDS, and any supplementary PDS, in its entirety and consider the information set out in the PDS in relation to the offer. The PDS sets out the benefits and features of the Fund and the risks of, and fees and costs associated with, investing in the Fund. You should also consider the TMD. You can request a copy of the PDS and the TMD, free of charge, by calling CHDPML on 1300 652 790, by visiting www.charterhall.com.au or by contacting your financial adviser. Applications for units in the Fund can only be made under the application form enclosed with the DOF PDS. As the information on this website in relation to DOF has been prepared without taking account of any particular investor's objectives, financial situation or needs, it is important that you consider the PDS for the offer and seek appropriate professional advice having regard to your objectives, financial situation and needs before making any investment decision in relation to the offer or the Fund. CHDPML does not receive fees in respect of the general financial product advice it provides, however it will receive fees for operating the Fund, in accordance with the Fund’s constitution. Entities within the Charter Hall Group may also receive fees for managing the assets of, and providing resources to, the Fund which are generally based on the value of the Fund’s assets. For more detail on fees, see the PDS. Any investment is subject to risk, including possible delays in payment and loss of income and monies invested. You should read the PDS for a description of the risks associated with investing in the Fund. You should read the TMD for a description of the target market of the Fund. Neither CHDPML nor any of its associates, related entities or directors guarantee the performance of any investment or the repayment of monies invested. If this website states that the Fund has been rated or has received a rating, you should be aware that ratings are only one factor to be taken into account when deciding whether to invest in the Fund. © Charter Hall Group.

Charter Hall is Australia’s leading fully integrated diversified property investment and funds management group. We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor customers. We’ve curated a diverse portfolio of high-quality properties across our core sectors – Office, Industrial & Logistics, Retail and Social Infrastructure. With partnerships and financial discipline at the heart of our approach, we create and invest in places that support our customers, people and communities to grow.

 

The strength of our strategy, the depth of our partnerships and drive of our people has underpinned our ability to outperform over the long-term. And we continue to have a relentless focus on outperformance for our fund investors.

 

Charter Hall Direct, part of Charter Hall Group, is one of Australia’s leading direct property fund managers for SMSFs, high net worth individuals and retail investors. We have a strong track record of managing unlisted property funds through all market cycles, since 1995.

View key management profiles

View our additional listings on Investment Markets:

- Charter Hall Direct Industrial Fund No.4 (DIF4)

- Charter Hall Direct Long WALE Fund (LWF)

- Charter Hall Direct Convenience Retail Fund (DCRF): For wholesale investors only^^

 

Important information

^^ For sophisticated investors or wholesale clients only, being a person or entity that is not a 'retail client' and who satisfies the requirements of section 761G of the Corporations Act.

To receive the Product Disclosure Statement please complete the form on the right (if viewing on desktop) or the form below (if viewing on mobile).

Click here to view our Target Market Determination.

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The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.

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