Charter Hall's Direct Industrial Fund No.4 (DIF4) scored Lonsec's top rating.
The independent research house rated DIF4 as Highly Recommended, noting its portfolio was 100% occupied by "high-quality tenants" and was well positioned in terms of future rental increases with increases either by CPI or 3% p.a. "which helps provide a natural inflation hedge."
"The Fund seeks to benefit from growing tenant demand for long-term leases of large, well-located and adaptable industrial sites covering a variety of uses including logistics, distribution, storage, manufacturing and food processing," Lonsec said.
"Additionally, all direct properties bar one are leased on a triple-net basis, whereby the tenant is responsible for all outgoings, including maintenance capital expenditure.
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"Charter Hall's high-quality management team has a track record of delivering solid returns on direct property trusts" and the fund "has a conservative gearing target of 30% to 45% with a current LVR of 33%."
The fund is open for investment through a minimum investment of $20,000 on a range of platforms, including BT Panorama, Macquarie, Netwealth and HUB24.