Track Record
Contact us

Built On Strategy. Driven By Results.

Welcome

Direct Commercial Property (DCP) is a specialist industrial and commercial real estate investment platform focused on disciplined capital deployment, strong asset fundamentals and long-term investor alignment.

Founded in 2014, DCP has grown to $261 million in funds under management, delivering 23 syndications and 9 private mandates, with $438 million in total transacted value across Australia. Across realised assets, the platform has delivered an average internal rate of return (IRR) of 17.52%, reflecting DCP’s disciplined approach to investment selection and execution. 


The business partners with private investors, family offices and offshore capital seeking exposure to high-quality industrial and commercial assets.

DCP’s investment philosophy is anchored in capital protection and exit discipline. Every acquisition is assessed with a clear understanding of liquidity, buyer depth, tenant covenant strength and market timing from day one. This exit-first mindset underpins DCP’s focus on delivering consistent, risk-adjusted returns rather than pursuing short-term yield.

The firm’s approach is driven by deep market knowledge, continuous industry engagement and long-standing relationships across capital, tenants, developers and advisers. This allows DCP to recognise opportunity early, price risk accurately and execute with confidence across market cycles.

DCP is led by a highly experienced management and advisory team, combining institutional-grade governance with founder-led accountability. The result is a disciplined, transparent investment platform aligned with long-term capital strategies.

Founder and Managing Director Ed Bull has a strong commercial property background and the team at DCP are at the coalface of the Australian commercial property industry, giving them privileged access to high level investment opportunities. Ed and his fellow directors personally co-invest in each property purchase, underscoring a clear vested interest in fostering long-term value and success for investors.
About us

Our services

DCP specialises in industrial and commercial property investment, strategically procuring, developing, and actively managing real estate assets.

We strategically invest in quality assets, focusing on developing and refining their functionality and management, enhancing the long term value proposition for both our clients and investors.

Current Portfolio

Past Investments

Private Equity

Our track record

DCP has a demonstrated successful track record of property investment within Australia.
Invest with us
Download Portfolio
Funds Under Management
$ 0 m
Number of Syndications
0
Private Mandates
0
Transacted value
$ 0 m
Average yearly distributions
0 %
Average IRR
0 %

As at November 2025.
Disclaimer: Past performance is not a reliable indicator of future performance.

News

Strategic Partners in Commercial & Industrial Property Advisory

Eastlink Business Park Hardstand Leasing Opportunities

DCP acquires Lot 906, Corporate Park East (3.206ha)

Read more

Receive our Newsletter

DCP Syndication Pty Ltd ABN 55 129 528 301 AFSL 384 591 (DCP) provides general advice only; that is, advice which has been prepared without taking into account your objectives, financial situation or needs. You should, before acting on the advice, consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. Before making a decision to invest in any DCP product, you should obtain and read the information memorandum for that product.

*  Past performance is not a reliable indicator of future performance.

^ DCP’s investment opportunities are only available to wholesale clients. 

DCP Syndication Pty Ltd ABN 55 129 528 301 AFSL 384 591 (DCP) does not accept any responsibility for any loss or damage that may result from reliance on, or the use of, any information on this website. Unless expressly stated to the contrary, the contents of this website should not be interpreted as financial product advice and has been prepared without taking into account individual objectives, financial situations or needs. Before acting on the contents of this website, individuals should consider the appropriateness of it having regard to their particular objectives, financial situation and needs and seek advice.

James Whitelaw

Director

Angelo Catalano brings more than 30 years’ experience in commercial advisory, financial structuring and strategic planning to his role as an Investment Committee Member at Direct Commercial Property (DCP). He plays a key role in assessing investment opportunities, reviewing risk and capital structures, and supporting disciplined decision-making to protect and enhance investor outcomes.

As a Partner at HMW Advisory, Angelo advises high-net-worth individuals, family groups and private businesses across asset protection, tax structuring, equity and debt strategies, and complex financial modelling, with deep exposure to property, construction and operating businesses.

Angelo’s commercial insight, financial rigour and long-term perspective strengthen DCP’s investment governance framework and support its commitment to delivering resilient, value-driven property investments for wholesale investors.

Envelope

David Cook

Investor Relations

Dan Williams

Property Management 

Dan has an extensive career spanning over 20 years in Commercial Property Management, with expertise across all areas of the Office, Industrial and Retail market. Dan brings a wealth of knowledge to DCP, providing a focused, committed, and comprehensive property service for our investment portfolio.

Charmaine Pamiloza

Operations & Accounts Executive

Charmaine has a strong history in business and advisory accounting.

Envelope

Ali Bull

Marketing & Communications Manager

Envelope

Chris Mee

Corporate Advisory

Envelope

Addison Flynn

Aquisition Manager

James Whitelaw

Director

James Whitelaw is a Director of Direct Commercial Property (DCP), bringing more than 30 years’ experience in corporate finance, capital structuring and commercial property advisory to the business. He is widely recognised for his strategic, commercially pragmatic approach to complex transactions and his ability to deliver clear, disciplined outcomes for investors.

James commenced his career with Deloitte Touche Tohmatsu before founding HMW in 1991, which has since evolved into the nationally respected HMW Group. Through this platform, he has advised extensively across the commercial property and real asset sectors, working with private capital, institutional investors and developer-led groups.

At DCP, James plays a key role in investment strategy, transaction structuring and capital markets oversight. His expertise spans property development and investment trusts, equity and debt raisings, financial syndications, valuation methodologies, risk assessment and advanced financial modelling. He brings a deep understanding of how capital, governance and asset strategy intersect to drive long-term value.

James has advised on the successful acquisition, structuring and exit of businesses and property assets across Australia and internationally, providing DCP with a strong foundation of disciplined investment judgement and commercial rigour.

Envelope

Ed Bull

Managing Director

Ed Bull is the Founder and Managing Director of Direct Commercial Property (DCP), a specialist industrial and commercial real estate investment platform focused on disciplined capital deployment, capital preservation and long-term investor alignment.

With more than 25 years’ experience across industrial and commercial property, Ed brings deep expertise spanning land sales, development, leasing and investment strategy. Since establishing DCP, he has led 23 property syndications and private mandates, growing the platform to $261 million in funds under management and $438 million in total transacted value.

Ed’s approach is underpinned by strong commercial judgement and an exit-first mindset. From acquisition, he assesses liquidity, buyer depth, tenant covenant strength and market timing to protect investor capital and deliver strong risk-adjusted returns.

Prior to founding DCP, Ed spent over 15 years with CBRE, including as Senior Director, Industrial Capital Markets, advising on nationally significant transactions and helping establish the firm as a market leader. He is highly regarded for his unrivalled market knowledge, long-standing industry relationships and disciplined execution.

Envelope