Direct Property is an unlisted company designed and managed to represent, as close a surrogate to direct property ownership as possible. The performance of the fund is directly linked to the performance of the property portfolio.
Latest property news
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Just over a week remains for you to cast your vote on the proposed merger of Direct Property Fund (DPF) and Property for Industry (PFI).
June 13, 2013
1:36 pm
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It is the view of your independent directors that the merger of Direct Property Fund (DPF) and Property for Industry (PFI) is a compelling opportunity for DPF shareholders.
June 5, 2013
11:40 am
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Property for Industry Limited (PFI) and Direct Property Fund Limited's (DPF) independent directors today formally recommended to shareholders the proposal to merge and create one of New Zealand's largest industrial property investment companies.
May 22, 2013
11:13 am
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On 15 April 2013, Property for Industry Limited (PFI) announced that PFI and Direct Property Fund Limited (DPF) had reached agreement on terms to proceed with a merger of their respective businesses.
May 8, 2013
10:03 am
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The boards of Property for Industry Limited (PFI) and Direct Property Fund Limited (DPF) are pleased to announce they have reached agreement on terms to proceed with a merger of their respective businesses.
April 15, 2013
10:21 am
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Direct Property is pleased to announce the sale of 132 Pavillion Drive, Mangere and 89-91 Captain Springs Road Onehunga for a $8.10M and $4.485M respectively.
January 21, 2013
8:18 am
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Direct Property Fund is pleased to announce that Ballance Argi-Nutrients has committed to a new 8,000sqm bulk store facility at 124 Hewletts Road, Mt Maunganui.
December 10, 2012
8:33 am
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Direct Property Fund is pleased to announce that Hewlett Packard New Zealand who occupy 2 Pacific Rise, Mt Wellington have now extended their current lease term out until December 2017.
October 29, 2012
10:37 am
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Direct Property Fund is pleased to announce that Lion - Beer, Spirits and Wine NZ Limited have entered into a three year lease agreement at 54 Greenmount Drive, East Tamaki.
September 18, 2012
3:14 pm
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The 2012 Annual General Meeting presentation presented by General Manager Simon Woodhams is now available for download.
August 14, 2012
3:53 pm
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Direct Property is pleased to announce the acquisition 12 Zelanian Drive, East Tamaki, Auckland.
August 7, 2012
1:25 pm
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Direct property Fund is pleased to announce to that the 2012 Annual Meeting for shareholders will be held on 10 August 2012
July 24, 2012
10:45 am
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The company is pleased to present the 2012 Annual Report
June 20, 2012
10:41 am
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Direct Property acquired this property in October last year. As part of the new lease agreement that DPF negotiated with DEC (Manufacturing) NZ a new 650sqm warehouse extension is to be constructed.
May 1, 2012
5:05 pm
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Direct Property Fund is pleased to announce a short term lease agreement has been entered into with AF Logistics Limited at 9 Narek Place, Wiri, Auckland.
February 27, 2012
10:21 am
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The Company’s rights issue closed 14 December 2011 with Management pleased to report that $7.56M was raised in a combination of rights taken ($6.36M) and placements ($1.2M) approved.
February 3, 2012
9:53 am
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Direct Property is pleased to announce the registration of a short form renouncable rights issue prospectus and investment statement on Friday, 4 November.
November 15, 2011
9:06 am
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Direct Property is pleased to announce the acquisition of 558 Te Rapa Road, Hamilton.
October 20, 2011
9:14 am
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Direct Property is pleased to announce the acquisition of 92 - 98 Harris Road, East Tamaki.
September 26, 2011
10:33 am
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Direct Property is pleased to report Quest Albany is now operational. Quest's 15 year initial lease term will commence 1 September 2011.
August 31, 2011
1:31 pm
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