DPF is constructed using a clear, repeatable institutional process.
Access to Institutional-Quality Assets
Direct Real Estate Property Ownership1
As of December 31, 2017
|Existing Portfolio (as of December 31, 2017)|
|$2.1 billion portfolio|
|19 geographic markets|
|Approximately 7.6 million net rentable square feet|
|Diversified tenant base — approximately 470 customers|
|Total portfolio approximately 87.0% leased|
|5.2-year average portfolio lease term by annualized base rent|
|Debt to asset ratio:2 49.1%|
|Weighted average interest rate: 3.6%|
|Select Corporate Tenants4|
|Apple, Inc.||Procter & Gamble|
|Bank of America||Publix Super Markets|
|Mizuho Bank Ltd.||Seton Healthcare Network|
|Aldi Inc.||Stop & Shop|
|Home Depot||The TJX Companies, Inc.|
|WeWork||Whole Foods Market|
Diversified by Geography3
Property Type Allocation3
1 Based on fair value, real property only. Markets shown comprise greater than 2% of the total fair value of DPF’s real property portfolio.
2 Total principal outstanding under DPF’s total borrowings divided by the fair value of DPF’s real property and debt investments.
3 Measured by fair value, real property only.
4 None of the tenants named have endorsed Black Creek Diversified Property Fund or its public offering. The names are included only for purposes of your evaluation of the quality of the tenant base of the properties owned and operated by Black Creek Diversified Property Fund.