ASA Real Estate Partners is pleased to announce that Lonsec Research has retained its ‘Recommended’ rating for the ASA Diversified Property Fund (Fund). The rating indicates that Lonsec has strong conviction the Fund can meet its investment objectives.
In the report, Lonsec highlights:
“This rating reflects the strong credentials of ASA’s highly aligned three founding members, who offer significant expertise in property investment, fund management, and property development – demonstrated by their solid track record at APN”.
“Highly aligned investment team with significant co-investment and equity in the business”.
“The Fund has delivered steady distributions and solid total returns in contrast to many other peer funds.”
The ASA Diversified Property Fund aims to provide investors with:
Monthly tax-effective income (current forecast cash distribution yield of 7.05%*)
Opportunity for capital growth over the medium to long term by investing in a diversified property portfolio of quality Australian commercial properties
Backed by quality tenants including Ampol, Woolworths, Coles, and Boeing
The fund, first established in 2006, has a long track record of delivering for investors across investment cycles with total returns over the last 10 years of 9.3% per annum.
Click to order the fund's PDS: Form
Click here for important information about the rating. For further information on the rating or to request a copy of the Lonsec Report or the fund's PDS, please contact our Investor Services Team at investorservices@asarep.com or call 1300 553 122 or +613 9909 9909 if calling from overseas. Alternatively, you can also request a copy of the Lonsec Report (only available to financial advisers) by submitting the online form: Request Lonsec Report
The report that included the rating was published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec) on 21 April 2026. Lonsec receives a fee from fund managers for the preparation of reports. The report / rating is general advice only. An investor should be aware that: a) the advice has been prepared without taking into account an investors’ objectives, financial situation or needs; b) an investor should consider the appropriateness of the advice having regard to their own objectives, financial situation or needs before acting on the advice; and c) an investor should obtain a PDS relating to the product, consider the PDS and seek independent financial advice before making any decision about whether to acquire the product.
The rating is not a recommendation to purchase, sell or hold any product.
Past performance is not a reliable indicator of future performance. Ratings are prepared based on information available at the time of preparation and may be subject to change by Lonsec without notice. Visit lonsec.com.au for important documents (FSG, Conflicts Statement). © 2026 Lonsec. All rights reserved.