GDI No.38 Diversified Property Trust
GDI No.38 Diversified Property Trust
GDI No. 38 Diversified Property Trust (GDI No. 38) was originally a seven-asset portfolio (six industrial and one office property) purchased from UGL on a sale and leaseback basis. The last remaining asset is a large industrial property located in Broadmeadow, Newcastle.
GDI No. 38 was established in 2014 as a high-yielding repositioning opportunity. Assets have been selectively and strategically divested, with the remaining asset offering significant upside potential from a rezoning opportunity that has been progressed in conjunction with the relevant authorities for several years. Investors have received $1.03 of capital returns per unit, and the remaining capital per unit is currently valued at $1.21 per unit.
Units on issue
44,025,000
Current unit value
$1.21
Unit value on 30th June 2025
$0.95
Total distributions to date per unit
79.99 cents
Capital returned to date per unit
$1.03
Distributions for 2026 Financial Year
Distributions made to investors for the financial year 2026GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
2.00 cents
30 September 2025
30/09/25
Q2 Distribution 2
2.00 cents
31 December 2025
31/12/25
Q3 Distribution 3
2.00 cents
31 March 2026
31/03/26
Q3 Distribution 4
40.00 cents (special)
30 April 2026
30/04/26
Q4 Distribution 5
-
-
-
TOTAL FY 2026
-
-
-
Distributions for 2025 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2025 is $0.95GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
1.80 cents
30 September 2024
30/09/24
Q2 Distribution 2
1.80 cents
31 December 2024
31/12/24
Q3 Distribution 3
1.90 cents
31 March 2025
31/03/25
Q4 Distribution 4
1.90 cents
30 June 2025
30/06/25
TOTAL FY 2025
7.40 cents
-
-
Distributions for 2024 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2024 is $0.95GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
1.50 cents
30 September 2023
30/09/23
Q2 Distribution 2
1.00 cents
31 December 2023
31/12/23
Q3 Distribution 3
1.533 cents
31 March 2024
31/03/24
Q4 Distribution 4
1.533 cents
30 June 2024
30/06/24
TOTAL FY 2024
5.566 cents
-
-
Distributions for 2023 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2023 is $0.765GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
1.50 cents
30 September 2022
30/09/22
Q2 Distribution 2
1.50 cents
31 December 2022
31/12/22
Q3 Distribution 3
1.50 cents
31 March 2023
31/03/23
Q4 Distribution 4
1.50 cents
30 June 2023
30/06/23
TOTAL FY 2023
6.00 cents
-
-
Distributions for 2022 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2022 is $0.765GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
1.70 cents
30 September 2021
30/09/21
Q2 Distribution 2
1.70 cents
31 December 2021
31/12/21
Q3 Distribution 3
1.70 cents
31 March 2022
31/03/22
Q4 Distribution 4
1.70 cents
30 June 2022
30/06/22
TOTAL FY 2022
6.80 cents
-
-
Distributions for 2021 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2021 is $0.765GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
1.70 cents
30 September 2020
30/09/20
Q2 Distribution 2
1.70 cents
31 December 2020
31/12/20
Q3 Distribution 3
1.70 cents
31 March 2021
31/03/21
Q4 Distribution 4
2.50 cents (special)
29 June 2021
29/06/21
Q4 Distribution 5
1.70 cents
30 June 2021
30/06/21
TOTAL FY 2021
9.30 cents
-
-
Distributions for 2020 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2020 is $0.79GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
1.50 cents
30 September 2019
30/09/19
Q2 Distribution 2
1.50 cents
31 December 2019
31/12/19
Q3 Distribution 3
1.50 cents
31 March 2020
31/03/20
Q4 Distribution 4
1.50 cents
30 June 2020
30/06/20
TOTAL FY 2020
6.00 cents
-
-
Distributions for 2019 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2019 is $0.58GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
1.4248 cents
30 September 2018
30/09/18
Q2 Distribution 2
1.4248 cents
31 December 2018
31/12/18
Q3 Distribution 3
1.50 cents
31 March 2019
31/03/19
Q3 Distribution 4
1.50 cents (special)
31 March 2019
31/03/19
Q4 Distribution 5
1.50 cents
30 June 2019
30/06/19
TOTAL FY 2019
7.3496 cents
-
-
Distributions for 2018 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2018 is $0.58GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
1.4248 cents
30 September 2017
30/09/17
Q2 Distribution 2
1.4248 cents
31 December 2017
31/12/17
Q3 Distribution 3
1.4248 cents
31 March 2018
31/03/18
Q4 Distribution 4
1.4248 cents
30 June 2018
30/06/18
TOTAL FY 2018
5.6992 cents
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-
Distributions for 2017 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2017 is $0.58GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
13.00 cents (special)
22 August 2016
22/08/16
Q1 Distribution 2
1.6988 cents
30 September 2016
30/09/16
Q2 Distribution 3
1.3426 cents
31 December 2016
31/12/16
Q3 Distribution 4
1.3426 cents
31 March 2017
31/03/17
Q4 Distribution 5
1.3426 cents
30 June 2017
30/06/17
TOTAL FY 2017
18.7266 cents
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-
Distributions for 2016 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2016 is $0.62GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
2.50 cents
30 September 2015
30/09/15
Q2 Distribution 2
15.00 cents (special)
23 October 2015
23/10/15
Q2 Distribution 3
2.20 cents
31 December 2015
31/12/15
Q3 Distribution 4
21.00 cents (special)
22 January 2016
22/01/16
Q3 Distribution 5
2.0002 cents
31 March 2016
31/03/16
Q4 Distribution 6
10.00 cents (special)
11 April 2016
11/04/16
Q4 Distribution 7
1.6988 cents
30 June 2016
30/06/16
TOTAL FY 2016
54.399 cents
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-
Distributions for 2015 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2015 is $1.00GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
2.4375 cents
30 September 2014
30/09/14
Q2 Distribution 2
2.4375 cents
31 December 2014
31/12/14
Q3 Distribution 3
2.4375 cents
31 March 2015
31/03/15
Q4 Distribution 4
2.4375 cents
30 June 2015
30/06/15
TOTAL FY 2015
9.75 cents
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-
Distributions for 2014 Financial Year
Estimated Unit Value as assessed by the directors of the trustee company of the Trust on 30 June 2014 is $1.00GDI Property Trust
Distribution
Amount per Unit
Date Paid
GDI No.38 Diversified Property Trust
Q1 Distribution 1
-
-
-
Q2 Distribution 2
-
-
-
Q3 Distribution 3
-
-
-
Q4 Distribution 4
-
-
-
TOTAL FY 2014
-
-
-