Dexus Wholesale Shopping Centre Fund
Available for
Institutional investors
- Overview
- Asset portfolio
Explore this fund
Core retail real estate fund generating superior returns with opportunities for enhanced returns
Dexus Wholesale Shopping Centre Fund (DWSF) is a core retail open-ended fund with a high-quality, hard-to-replicate portfolio that has been built over the last 20+ years.
Offering investors exposure to a mix of stabilised core properties and development/core plus opportunities, the fund’s high-quality assets are intentionally located in densely populated metropolitan areas predominantly across the Australian Eastern seaboard.
These assets boast high occupancy and occupier retention, nurtured through active management and embedded sustainability initiatives. This strategy provides our investors with a diverse and robust income stream and the potential to achieve enhanced returns.
Fund highlights
Expertise
Dedicated fund team with significant experience and expertise
5-star
GRESB rating, GRESB Real Estate 2024
Growth potential
Mixed-use development potential
Outperformance
across 1, 2 and 3-year periods**
Royal Randwick Shopping Centre, NSW
Bayfair Shopping Centre, Mount Maunganui, Tauranga, NZ
Case study
Australia’s first and only full line auto dealership
Automall West at Indooroopilly Shopping Centre in Queensland demonstrates how DWSF’s focus on active management creates value for investors. A repositioning strategy led to the launch of an Australian-first, a car dealership within a shopping centre.
This dealership delivers the sales equivalent of two combined department stores while taking up less than 10% of the comparative space. Automall has also led to increased spending, with a 35% increase in centre sales productivity from 2017-2023.
Who is this fund suited to?
DWSF accommodates institutional investors with a minimum application amount of $10 million.
DWSF opens to new equity from time to time and DWSF securities may be available to purchase from existing investors. The fund may operate a register to record confirmed interest in accordance with the Product Board.
Prospective investors should refer to the Information Memorandum of the fund for further information, including about risks of which you should be aware.
Your real asset partner of choice
Spanning infrastructure and real estate, real asset investing offers a variety of benefits for your portfolio, including diversification benefits, reduced volatility compared with equities and enhanced risk-adjusted returns for income-oriented investment portfolios.
With over 40 years of experience in real asset investment, funds management, asset management and development, Dexus has a proud history of creating long-term value for investors. It is our deep local sector expertise and active management approach that sets us apart, allowing us to anticipate local market and sector needs and drive long-term performance at every stage of the investment lifecycle.
Disclaimers and important information
Jump to next sectionFOOTNOTES
* The target return is not a guarantee, forecast or prediction. There can be no assurance that the fund will meet its target return.
** MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index (post fee, net asset weighted). As at 31 March 2025. Past performance is not a reliable indicator of future performance.
DISCLAIMERS AND IMPORTANT INFORMATION
All data as at 31 March 2025.
All information contained on this website (“Information”) is subject to change without notice. While every care has been taken in the preparation of the Information, to the extent permitted by law, Dexus (ASX DXS), its related body corporates and each of their respective directors, officers and employees do not make any representation or warranty, express or implied, as to the accuracy, currency, reliability or completeness of any statement in it, including, without limitation, any forecasts, and do not guarantee the repayment of capital, or the performance of or any particular rate of return for the Dexus fund referred to on this website. Past performance is not a reliable indicator of future performance.
The Information has been prepared for the purpose of providing general information only, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the Information, and seek professional advice, having regard to their objectives, financial situation and needs.
Dexus Capital Funds Management Limited (ACN 159 557 721, AFSL No. 426455) (the “Responsible Entity”) is the responsible entity of Dexus Wholesale Shopping Centre Fund (the “Fund”) and the issuer of stapled securities in the Fund. The Fund comprises two registered schemes, Dexus Wholesale Shopping Centre Fund I (ARSN 103 738 834) and Dexus Wholesale Shopping Centre Fund II (ARSN 637 917 036). The Responsible Entity has appointed Dexus Capital Investors Limited (ACN 001 777 591, AFSL No. 232497) ("the Investment Manager") as the investment manager of the Fund. The Responsible Entity and the Investment Manager are both wholly owned subsidiaries of Dexus (ASX: DXS).
Prospective investors should refer to the Information Memorandum of the Fund for further information, including about risks of which you should be aware. The Information should not be considered to be comprehensive or to comprise all the information which a potential investor may require in order to determine whether to invest in the Fund.
The Information is not intended for distribution or use in any jurisdiction where it would be contrary to applicable laws, regulations or directives and does not constitute a recommendation, offer, solicitation or invitation to invest.
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Explore some of our assets
A selection of the assets can be found below. The complete asset portfolio is available on our asset page by filtering on DWSF properties.
View asset portfolio
