Overview

Centro manages two direct property funds:

Centro Direct Property Fund (DPF); and
Centro Direct Property Fund International (DPFI).

INVESTOR UPDATES
9 Feb 2010 - The Responsible Entity of the DPF/DPFI has today issued an Investor Update for DPF/DPFI investors. Please click the respective link below to view each Fund's update:
- Direct Property Fund
- Direct Property Fund International

19 Jan 2010 - The DPF and DPFI have confirmed the December 2009 quarter distribution rates and payment dates. Please click this link to view the announcement.

11 Nov 2009 - The Responsible Entity of the DPF/DPFI has today issued an Investor Update for DPF/DPFI investors. Please click the respective link below to view each Fund's update:
- Direct Property Fund
- Direct Property Fund International

5 Oct 2009 - The DPF and DPFI have confirmed the September 2009 quarter distribution rates and payment dates. Please click this link to view the announcement.

14 Aug 2009 - The Responsible Entity of the DPF/DPFI has today issued an Investor Update for DPF/DPFI investors. Please click the respective link below to view each Fund's update:
- Direct Property Fund
- Direct Property Fund International

23 Jul 2009 - The DPF and DPFI have confirmed the June 2009 quarter distribution rates and payment dates. Please click this link to view the announcement.

26 Jun 2009 - The Responsible Entity of the DPF/DPFI has today announced the appointment of Ernst & Young as the new auditor of each Fund. Both Funds were previously audited by PricewaterhouseCoopers.

08 May 2009 - The Responsible Entity of the DPF/DPFI has today issued an Investor Update for DPF/DPFI investors. Please click the respective link below to view each Fund's update:
- Direct Property Fund
- Direct Property Fund International

5 May 2009 - The DPF and DPFI have confirmed the March 2009 quarter distribution rates and payment dates. Please click this link to view the announcement.

03 Mar 2009 - The Responsible Entity of the DPF/DPFI has today issued an Investor Update for DPF/DPFI investors. Please click the respective link below to view each Fund's update:
- Direct Property Fund
- Direct Property Fund International

28 Jan 2009 - The DPF and DPFI have confirmed the December 2008 quarter distribution rates and payment dates. Please click this link to view the announcement.

19 Dec 2008 - The Responsible Entity of the DPF/DPFI has today issued an Investor Update for DPF/DPFI investors. Please click this link to view the update.

27 Nov 2008 - The DPF has announced a further special distribution to be paid to investors on 9 December 2008. Please click this link to view the announcement.

22 Oct 2008 - The DPF and DPFI have confirmed the September 2008 quarter distribution rates and payment dates. Please click this link to view the announcement.

Investors in the DPF and DPFI should note that the daily unit price, with effect from 1 October 2008, has moved to an ex-distribution basis reflecting the September quarter distributions.

10 Oct 2008 - The Responsible Entity of the DPF/DPFI has today released the Direct Property Funds - Annual Review 2008. Please click this link to view the report.

1 Sep 2008 - The DPF has today announced a special distribution of 1.00 cent per unit to be paid on 10 September 2008. Please click this link to view the announcement.

30 Jul 2008 - The DPF and DPFI have confirmed the June 2008 quarter distribution rates and payment dates. Please click this link to view the announcement.

16 Jul 2008 - DPFI has today issued a statement in response to the CAF asset sale announcement. Please click this link to view this release.

20 Jun 2008 - The Responsible Entity of the DPF/DPFI has today issued an Investor Update for DPF/DPFI investors. Please click this link to view the update.

24 Apr 2008 - The Responsible Entity of the DPF/DPFI has today issued an Investor Report for DPF/DPFI investors. The Report provides an update on the current status of the Funds. Please click this link to view the report.

17 Dec 2007 - As of today the DPF and DPFI have been suspended. Please click this link to view the media release.

Direct Property Fund

The DPF is an unlisted property trust investing primarily in Centro MCS Australian property syndicates.

The objective of the DPF is to provide investors with attractive tax advantaged income and capital returns from the direct property market, primarily through exposure to shopping centres in Australia.

Since inception in June 2002, the DPF has delivered:

An annual total return of -33.8% for the year ended 30 June 2009; and
Average total returns of 3.4% p.a. since inception in June 2002.

Direct Property Fund International

The DPFI is an unlisted trust investing primarily in Centro's international managed funds.

Launched in September 2005, the objective of the DPFI is to provide investors with attractive tax advantaged returns, primary through exposures to shopping centres located in the United States.

An annual total return of -56.3% for the year ended 30 June 2009; and

Average total returns of -18.9% p.a. since inception.