We are delighted to share that ASA Real Estate Partners has been selected as the new manager of the Australian Unity Diversified Property Fund (DPF). This milestone is a testament to our ‘investor first’ philosophy, which has underpinned the investor support we have had – across many ventures in multiple businesses – over the years.
DPF’s portfolio is valued at ~$520 million and comprises of 7 assets across Australia. The portfolio is made up of essential-service style assets, with no CBD office exposure, and includes Blackburn Square in Melbourne and the twin-service centres at Wyong in NSW – the busiest service centres in Australia. Whilst there are challenges across almost all markets, we are looking forward to leveraging our experience and expertise to realise the potential of the portfolio and generate sustained investment performance for all investors.
As part of the transition to ASA, we will be expanding our team to include key DPF management including, the Fund Manager Jonathon Senior, which will increase the experience and capability at ASA Real Estate Partners, and provide stability for the Fund.
As an unconstrained real estate manager, ASA offers investors – including retail, high net worth and institutional – the ability to invest wherever we see value. We are not limited by asset class, investment type, listed or unlisted or parts of the capital structure (within Australia), and this transaction demonstrates our entrepreneurial spirit and our ability to create win-win scenarios for all stakeholders. 
