Why commercial property is key in a well-diversified portfolio

This week's episode of the ifa Show podcast sees host Maja Garaca Djurdjevic joined by Steven Bennett, Direct CEO at Charter Hall. Mr Bennett joined Maja to talk about the importance of a well-diversified portfolio and the benefits of including commercial property. "Property brings something to a lot of portfolios that's really beneficial," said Mr Bennett. "It's less volatile. "Unlisted property doesn't move other than independent valuations, as well as other out-of-cycle rental growth and so on. So, from that point of view, it does provide that lower volatility and it's not highly correlated to those other asset classes like your Aussie equities, global equities," Mr Bennett added. Also on this podcast, Mr Bennett delves into building a property investment portfolio from start to finish and explains why he still believes the office will remain the dominant place to work.