DJ Property Raised Just Under $2 Million Dollars in New Shares

DJ Property has closed the financial year in a strong position with more investors and properties while maintaining our strong dividends. DJ Property raised just under $2 million dollars ($1.9M) in new shares last year and used that new capital to further diversify our property portfolio and secure more income for shareholders. The overall portfolio is now just over $30m and includes properties in Queensland and New South Wales. As per our strategy our latest acquisition is leased to a government backed tenant with a strong lease. In line with our current growth the board has declared that the dividend will remain in place at a fully franked 7% (equating to 10%) and will continue to be distributed monthly.

DJ Property was also reviewed and rated recently by Property Investment Research. Established in 1989, PIR is Australia’s leading provider of property funds research and analysis. They rated DJ Property as Investment Grade and the report is available on their website or by contacting us. In light of the success of last year, the PIR rating, and ongoing momentum, DJ Property is poised for further growth headed into 2018. We plan to build on the gains in capital by adding new shareholders allowing us to double our property portfolio in the next 6-12 months. Investors appreciate the high dividend yield and regular distributions that DJ Property provides as well as the security of having these returns underpinned by a strong property portfolio.

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