I am not sure if you have seen this but there was announcement over the last day or so on the Centro site about DPF & DPFI. Just noticed as there is a story on AFR.com about it although it is subscription only.
http://www.centro.com.au/NR/rdonlyres/A992FA85-16B4-47C4-86F4-F72FFF0906A0/0/CentroDPFDPFIDistributionsJuneQuarter2008.pdf
"Centro direct property plays cut payout
Friday, 01 August 2008 | The Australian Financial Review | Mathew Dunckley
Thousands of investors in direct property funds managed by Centro Properties Group again face a cut-back in distributions as more than $725 million has been wiped off the value of their investment."
Does anyone have access to the rest of the article?
Nice sensationalist headline but no suprises really. Sale of CAF and CAWF will make a big difference to these funds.
direct property funds ann of website
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