Portfolio Example. Not for distribution.

1. Footer HereFor Broker Dealer Use Only — Not for Use with the Public November 2015
Portfolio Presentation
November 2015
E share: ZDPFEX
I share: ZDPFIX
W share: ZDPFWX
A share: ZDPFAX
DPF-PR-BD-PU-NOV15
NOT A DEPOSIT | NOT FDIC INSURED | NOT GUARANTEED BY THE BANK | MAY LOSE VALUE
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

2. 5For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
32
Investment in real property offers potential for:
We believe that the historical return profile of heavily weighted current income (income return) over capital gains (price return) of the
NCREIF National Property Index as well as the volatility and correlation of the NCREIF Fund Index (ODCE) can be considered indicative of
a diversified portfolio of high-quality commercial real estate assets (with some limitations). The performance shown, however, should not
be viewed as representative of the past or future performance of an investment in DPF, which depend on DPF’s specific investments
(including both real estate and real estate-related assets), leverage, fees and expenses, among other factors.
● Current income ● Capital appreciation ● Portfolio diversification benefits ● Inflation hedge
Annualized Standard Deviation of Quarterly Returns1
(09/30/95 – 09/30/15)
Average Annual Returns1,3
(1994 - 2014)
1 Source: Standard & Poor’s, Barclays, Bloomberg, NCREIF and Federal Reserve. Stocks are represented by the S&P 500 Index, an unmanaged index of the 500 largest stocks (in terms of market value), weighted by market capitalization and considered
representative of the broad stock market. Bonds are represented by the Barclays Capital Aggregate Bond Index, an index of securities that are SEC-registered, taxable and dollar denominated. The index covers the U.S. investment grade fixed rate bond
market, with index components for government and corporate securities, mortgage pass-through securities and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. Cash
is the 90-day Treasury bill rate. Total returns presented assume reinvestment of distributions.
2 Real estate is represented by the NCREIF Property Index (NPI), an index of quarterly returns reported by institutional investors on investment grade commercial properties owned by those investors on an unleveraged basis. The NPI is used as an industry benchmark to
compare an investor’s own returns against the industry average. While not a measure of non-traded REIT performance, DPF’s management feels that the NCREIF Property Index is an appropriate and accepted index for the purpose of evaluating real estate growth
rates. The NCREIF Property Index does not reflect management fees and other investment-entity fees and expenses, which lower returns and it is unleveraged, which may show lower volatility than DPF, which reports only leveraged returns. The NCREIF Property Index
is based on appraisals and does not reflect the same market volatility as the NAREIT Equity Index, which is based on market prices of publicly-traded REIT securities. Comparisons shown are for illustrative purposes only and do not represent specific investments.
Indices are not available for direct investment. Past performance does not guarantee future results. Total returns presented assume reinvestment of distributions.
3 NAV-based real estate is represented by the NCREIF Open-End Diversified Core (ODCE) Index, which is an equal weighted, time weighted index of open-end core real estate funds reported net of fees. The term core typically reflects lower risk investment
strategies, utilizing low leverage and generally represented by equity ownership positions in stable U.S. operating properties. Funds are weighted equally, regardless of size. While funds used in this benchmark have characteristics that differ from DPF
(including differing management fees), DPF’s management feels that the NCREIF ODCE Index is an appropriate and accepted index for the purpose of evaluating returns on investments in direct real estate funds. Investors cannot invest in this index.
Comparisons shown are for illustrative purposes only and do not represent specific investments. Prices and income returns are derived based on data provided by NCREIF. Past performance does not guarantee future results. DPF has the ability to utilize
higher leverage than is allowed for the funds in the NCREIF ODCE Index, which could increase DPF’s volatility relative to the Index.
Real Estate Can Strengthen Portfolio Construction

3. 6For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
20-Year Correlation of Quarterly Returns — MSCI U.S. REIT Index1
(09/30/95 – 09/30/15)
20-Year Correlation of Quarterly Returns — NCREIF Fund Index (ODCE)1,3
(09/30/95 – 09/30/15)
32
1 Source: NCREIF and Bloomberg. Stocks are represented by the S&P 500 Index, an unmanaged index of the 500 largest stocks (in terms of market value), weighted by market capitalization and considered
representative of the broad stock market. Bonds are represented by the Barclays Capital Aggregate Bond Index, an index of securities that are SEC-registered, taxable and dollar denominated. The index
covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities and asset-backed securities. These major sectors
are subdivided into more specific indices that are calculated and reported on a regular basis. Total returns presented assume reinvestment of distributions.
2 Real estate is represented by the NCREIF Property Index (NPI), an index of quarterly returns reported by institutional investors on investment grade commercial properties owned by those investors on an
unleveraged basis. The NPI is used as an industry benchmark to compare an investor’s own returns against the industry average. While not a measure of non-traded REIT performance, DPF’s management feels that
the NCREIF Property Index is an appropriate and accepted index for the purpose of evaluating real estate growth rates. The NCREIF Property Index does not reflect management fees and other investment-entity fees
and expenses, which lower returns and it is unleveraged, which may show lower volatility than DPF, which reports only leveraged returns. The NCREIF Property Index is based on appraisals and does not reflect the
same market volatility as the NAREIT Equity Index, which is based on market prices of publicly-traded REIT securities. Comparisons shown are for illustrative purposes only and do not represent specific investments.
Indices are not available for direct investment. Past performance does not guarantee future results. Total returns presented assume reinvestment of distributions.
3 NCREIF Open-End Diversified Core (ODCE) Index is an equal weighted, time weighted index of open-end core real estate funds reported net of fees. The term core typically reflects lower risk investment
strategies, utilizing low leverage and generally represented by equity ownership positions in stable U.S. operating properties. Funds are weighted equally, regardless of size. While funds used in this benchmark
have characteristics that differ from DPF (including differing management fees), DPF’s management feels that the NCREIF ODCE Index is an appropriate and accepted index for the purpose of evaluating
returns on investments in direct real estate funds. Investors cannot invest in this index. Comparisons shown are for illustrative purposes only and do not represent specific investments. Prices and income
returns are derived based on data provided by NCREIF. Past performance does not guarantee future results. DPF has the ability to utilize higher leverage than is allowed for the funds in the NCREIF ODCE
Index, which could increase DPF’s volatility relative to the Index. Total returns presented assume reinvestment of distributions.
Real Estate Can Strengthen Portfolio Construction (continued)

4. 7For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
1 Source: NCREIF, Bloomberg. The MSCI U.S. REIT Index is a free float-adjusted market capitalization weighted index that is comprised of equity REITs that are included in the MSCI U.S. Investable Market 2500 Index
(which are all listed REITs), with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The index represents approximately
85% of the U.S. REIT universe. The S&P 500 Index is an unmanaged index of the 500 largest stocks (in terms of market value), weighted by market capitalization and considered representative of the broad stock market.
The NCREIF Open-End Diversified Core (ODCE) Index is an equal weighted, time weighted index of open-end core real estate funds reported net of fees. The term core typically reflects lower risk investment strategies, utilizing
low leverage and generally represented by equity ownership positions in stable U.S. operating properties. Funds are weighted equally, regardless of size. While funds used in this benchmark have characteristics that differ from
DPF (including differing management fees), DPF’s management feels that the NCREIF ODCE Index is an appropriate and accepted index for the purpose of evaluating returns on investments in direct real estate funds. Investors
cannot invest in these indices. Comparisons shown are for illustrative purposes only and do not represent specific investments. Total returns presented assume reinvestment of distributions.
Benefits of Investing in Non-Listed Commercial Real Estate:
Return Volatility
NAV-Based Real Estate vs. Exchange-Based REITs vs. Stocks Quarterly Total Returns1

5. 9For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
Product Structure
1 As of September 30, 2015. Measured by fair value, real property only.
2 DPF’s ability to fulfill redemption requests on a daily basis is subject to a number of limitations. The Board of Directors has the ability to amend, suspend or terminate the share redemption program at any time. As
a result, shares have only limited liquidity and may become illiquid. The Class A, Class I and Class W share redemption program is different than the Class E share redemption program. DPF’s Class A, Class W and
Class I share redemption program generally imposes a quarterly cap on aggregate net redemptions of its Class A, Class W and Class I share classes equal to the amount of shares of such classes with a value of
up to 5% of the aggregate NAV of the outstanding shares of such classes as of the last day of the previous quarter. For each quarter of 2015, 2014, 2013, 2012, 2011, 2010 and 2009 DPF received Share Class
E redemption requests that exceeded its corresponding Redemption Caps. Based on the application of such Redemption Caps, DPF redeemed, on a pro rata basis, a percentage of the shares requested to be
redeemed for each quarter. The percentage redeemed, including redemptions for death and disability, for each quarter ranged from approximately 6.4% to 30.7% of the shares that were requested to be
redeemed. Effective December 12, 2015, redemptions under the Class E share redemption program will only be available in the event of the death or disability of a stockholder. The Board of Directors will evaluate
each quarter whether to make liquidity available to Class E stockholders through a share redemption program or through a tender offer process.
3 The amount of distributions DPF may make is uncertain. DPF has paid, and may continue to pay in the future, distributions from sources other than cash flow from operations. The sources from which DPF
may pay distributions include, without limitation, the sale of assets, borrowings or offering proceeds (including the return of principal amounts invested). The use of these sources for distributions decreases
the amount of cash DPF has available for new investments, repayment of debt, share redemptions and other corporate purposes, and could reduce your overall return. Prior to 2012, DPF’s distributions
have historically exceeded its cash flow from operations. However, for the years ended December 31, 2012, December 31, 2013, December 31, 2014 and for the nine months ended September 30, 2015,
distributions were funded solely from cash flow from operations. Based on the September 30, 2015 NAV of $7.41 per share for each class and distributions paid for each class.
● Dividend Capital Diversified Property Fund provides new investors immediate pooled access to a $2.3
billion portfolio1 of high-quality commercial real estate with the following key attributes:
Transparency Publicly offered vehicle, public regulatory filings, NAV-based pricing
Daily valuation Net asset value calculated daily based on 3rd party appraisals
Liquidity Options Redemption program with daily liquidity opportunities2
Simplified Reporting CUSIP Number, 1099 (not K-1)
Existing Distribution
Declared distribution yield of 4.25% on the W share, 3.63% on the A share with load
(based on 09/30/15 NAV)3

6. 10For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
Diversified Property Fund: Senior Management
• Former members of Equity Office Properties Trust (EOP) team attracted by historic opportunity to provide high-quality real estate investments to a
large pool of investors
• Together with Sam Zell, Richard, Jeff and Michael built industry-leading real estate company EOP and sold it in 2007 for $39 billion to Blackstone Group
Richard Kincaid Chairman of the Board
• President and Chief Executive Officer of Equity Office Properties
Trust until its acquisition by the Blackstone Group in February of
2007
• Worked with EOP’s chairman, Sam Zell, for over 16 years acting
as, among other roles, Executive Vice President, Chief Operating
Officer, and Chief Financial Officer. Supervised more than $11
billion in financing transactions at Equity Group Investments, Inc.
• Held positions with Barclays Bank PLC and The First National
Bank of Chicago
• B.A. Wichita State University; MBA University of Texas
Jeffrey Johnson Chief Executive Officer
• Chief Investment Officer, Executive Vice President of Equity Office
Properties Trust until its acquisition by the Blackstone Group in
February 2007
• Managing Director, founding Partner and Co-Head of U.S. Investments
for Lehman Brothers Holdings, LLC
• Chief Investment Officer and Managing Director of Transwestern
Investment Company (now Pearlmark Real Estate Partners)
• B.A. Denison University; MBA Kellogg Graduate School of Management
at Northwestern University
Kirk Scott Chief Financial Officer
• Diversified Property Fund since inception in 2006, previously as
VP & Controller
• Controller at NexCore Group
• Held positions with Dividend Capital Group and DCT Industrial Trust
from its inception through its IPO as a $3.0 billion, self-managed
industrial REIT
• B.A. University of Wyoming; Certified Public Accountant in the
State of Colorado (inactive)
Michael Lynch President
• Senior Vice President of Investments at Equity Office Properties
Trust until its acquisition by the Blackstone Group in February
2007
• Chief Investment Officer for Arden Realty, Inc.
• Held positions with PS Business Parks, Inc., Nottingham
Properties, Inc., The Parkway Companies and First Wachovia
Corporation
• B.S. Mount Saint Mary’s College; MS Virginia Polytechnic Institute
John Blumberg Chairman of Investment Committee
• Principal and founder of both Dividend Capital Group and Black
Creek Group
• Founder and Chief Executive Officer of Mexico Retail Properties
• Has overseen directly or indirectly through affiliated entities, the
acquisition, development, financing and sale of real properties
having combined value of more than $14.5 billion as of
September 30, 2015
• B.A. University of North Carolina at Chapel Hill
Gregory Moran Executive Vice President
● Executive Vice President of Investments of Dividend Capital Group
and the Advisor; been with company since 2006
● 15 years of experience in investments and commercial real estate
● Previously served as Portfolio Manager in the Real Estate Investment
Group for Public Employees’ Retirement Association of Colorado
● Additional management experience includes the Capital Markets
Group at Sonnenblick Goldman Company
● B.A. and MBA University of Texas — McCombs School of Business

7. 11For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
DPF Corporate Timeline
1 The amount of distributions DPF may make is uncertain. DPF has paid, and may continue to pay in the future, distributions from sources other than cash flow from operations. The sources from which DPF
may pay distributions include, without limitation, the sale of assets, borrowings or offering proceeds (including the return of principle amounts invested). The use of these sources for distributions decreases
the amount of cash we have available for new investments, repayment of debt, share redemptions and other corporate purposes, and could reduce your overall return. Prior to 2012, DPF’s distributions
exceeded its cash flow from operations. However, for the years ended December 31, 2012, December 31, 2013, December 31, 2014 and for the nine months ended September 30, 2015, distributions were
funded solely from cash flow from operations.
2 Properties owned by DPF at time of disposition.
Diversified Property Fund Three-Year Track Record:
Corporate Timeline
1 2

8. 12For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
Diversified Property Fund: Current Portfolio As of September 30, 2015
59 properties
• 33 retail
• 6 industrial
• 20 office
20 markets
Approx. 9.8MM net
rentable square feet
Approx. 525 tenants
Approx. 88.8% leased
$2.3B portfolio of
high-quality commercial
real estate (Based on fair
value, real property only)
Nine-year operating
history
Real Property Ownership1
1 Based on fair value, real property only. The following
markets are each less than 1.5% of the total real
properties fair value: Central Kentucky, Chicago, IL,
Fayetteville, AR, Jacksonville, FL, Louisville, KY,
Minneapolis/St. Paul, MN, and San Antonio, TX.
Rank Market
Fair Value
(in thousands)
Rank Market
Fair Value
(in thousands)
1 Greater Boston $519,950 6 Austin, TX $160,300
2 Washington, DC $368,500 7 East Bay, CA $117,450
3 Northern New Jersey $251,100 8 Dallas, TX $79,900
4 San Francisco, CA $168,000 9 Denver, CO $79,600
5 Philadelphia, PA $165,950 10 South Florida $78,950
Top Ten DPF Markets — Strong Presence in Key Markets
Based on Fair Value of the Properties Owned

9. 13For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
Quality Properties = Quality Tenants1 = Sustainable Distribution2
Top Ten Tenants
By Base Rent | As of 09/30/15
Rank Tenant
Publicly
Listed
Credit Rating
(S&P)3
1
Charles Schwab &
Company, Inc.
NYSE: SCHW A
2 Sybase, Inc. / SAP NYSE: SAP A
3 Northrop Grumman, Inc. NYSE: NOC BBB+
4
The Stop & Shop
Supermarket
Company, LLC
Euronext: AH4 BBB4
5 Novo Nordisk NYSE: NVO AA-
6 Seton Healthcare N/A N/A
7 Shaw’s Supermarket N/A B-
8
IAM National Pension
Fund
N/A N/A
9 Apple, Inc. NYSE: AAPL AA+
10 The TJX Companies, Inc. NYSE: TJX A+
1 Trade names and logos are the registered trademarks of companies depicted. DPF is not affiliated with the companies shown on this slide. None of the companies above have endorsed DPF or its current public offering.
2 The amount of distributions DPF may make is uncertain. DPF has paid, and may continue to pay in the future, distributions from sources other than cash flow from operations. The sources from which DPF may pay distributions include,
without limitation, the sale of assets, borrowings or offering proceeds (including the return of principal amounts invested). The use of these sources for distributions decreases the amount of cash DPF has available for new investments,
repayment of debt, share redemptions and other corporate purposes, and could reduce your overall return. Prior to 2012, DPF’s distributions have historically exceeded its cash flow from operations. However, for the years ended
December 31, 2012, December 31, 2013, December 31, 2014 and for the nine months ended September 30, 2015, distributions were funded solely from cash flow from operations.
3 Credit ratings are subject to change. AA = Very strong capacity to meet financial commitments. A = Strong capacity to meet financial commitments, but somewhat susceptible to adverse economic conditions and changes in
circumstances. BBB = Adequate capacity to meet financial commitments, but more subject to adverse economic conditions. BB = Less vulnerable in the near-term but faces major ongoing uncertainties to adverse business, financial and
economic conditions. B = More vulnerable to adverse business, financial and economic conditions but currently has the capacity to meet financial commitments. CCC = Currently vulnerable and dependent on favorable business, financial
and economic conditions to meet financial commitments. Ratings from AA to CCC may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.
4 Listing symbol and rating reflects the S&P rating of Koninklijke Ahold.

10. 7For Broker Dealer Use Only — Not For Use with the Public November 2015
Diversified by Industry1 As of September 30, 2015
1 Measured by base rent of in-place leases.
2 Other industry sectors include 45 additional sectors.

11. 16For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
Select Portfolio Properties
1st Avenue Plaza Centerton Square 655 Montgomery
Denver, CO — 257,000 Sq. Ft.
Major Tenants: Madison Street Company,
The Denver Foundation
Philadelphia, PA — 426,000 Sq. Ft.
Major Tenants: DSW Shoe Warehouse,
Wegman’s Food, The Sports Authority,
Bed, Bath & Beyond
San Francisco, CA — 264,000 Sq. Ft.
Major Tenants: Hotwire, Telmate, Redfin
Springdale Mall Austin-Mueller Health Center South Columbia
Springfield, MA — 79,000 Sq. Ft.
Major Tenants: Stop & Shop, McDonald’s
Austin, TX — 156,000 Sq. Ft.
Major Tenant: Seton Healthcare
Central Kentucky — 727,000 Sq. Ft.
Major Tenants: Amazon.com

12. 17For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
NAV Total Return1 As of September 30, 2015
* Excludes up front sales load. The A-share is offered with an up to 3% sales load to investors through registered broker-dealers, which will affect the above returns and future returns depending on the
investor’s hold period.
1 Total return represents the compound annual rate of return assuming reinvestment of all dividend distributions. Past performance is not a guarantee of future results. Performance data quoted above is
historical. Current performance may be higher or lower than the performance data quoted. Performance does not include transactions fees, including sales commission, that may be applicable to investors.
The performance data does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the sale of fund shares, as applicable. If transaction fees, including sales commission and
taxes, had been deducted, the performance shown would be lower. The performance noted is net of all other expenses such as asset management fees and all general and administrative (G&A) expenses.
Examples of G&A expenses include legal, accounting, transfer agent, insurance, printing and mailing. The NAV is based on estimated values. DPF’s board of directors, including a majority of its independent
directors, has adopted valuation procedures, as amended from time to time, that contain a comprehensive set of methodologies to be used in connection with the calculation of DPF’s NAV. One fundamental
element of the valuation process, the valuation of DPF’s real property portfolio, is managed by Altus Group U.S., Inc., an independent valuation firm (“the Independent Valuation Firm”). The real property
portfolio valuation, which is the largest component of DPF’s NAV calculation, is provided to DPF by the Independent Valuation Firm on each business day. The foundation for this valuation is periodic
appraisals. DPF seeks to have approximately 1/12th of the portfolio appraised each month, although it may have more or less appraised in a month. In no event will a calendar year pass without having each
and every property valued by appraisal unless such asset is bought or sold in such calendar year. However, on each business day, the Independent Valuation Firm adjusts a real property’s valuation, as
necessary, based on known events that have a material impact on the most recent value (adjustments for non-material events may also be made). Total returns are only meaningful when considered in
conjunction with DPF’s full financial statements and the notes thereto included in DPF’s Annual Report on Form 10-K for the year ended December 31, 2014, which reported a GAAP net income per diluted
share of a $0.16, and DPF’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2015, which reported GAAP net income per diluted share of $0.69 for the nine months ended September
30, 2015. These documents can be found on DPF’s website at http://ir.dividendcapitaldiversified.com/sec.cfm.

13. 22For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
For investors seeking an allocation to real estate and the opportunity for current income, potential
NAV per share growth and low volatility and low- to non-correlated investment,1 Diversified Property
Fund provides immediate pooled access to a $2.3 billion diversified 59-property portfolio of core and
core-plus high-quality real estate.2
● Accomplished real estate investors
● Income plus growth strategy with low volatility
● Benefits of immediate ownership in
institutional-quality commercial real estate
portfolio
● Investment based on NAV pricing
● Existing distributions currently well supported by operating
cash flow3
● Actively managed $2.3 billion existing portfolio2
● Diversified by asset class and geography
1 There is no guarantee that an investor will experience all or any of these benefits through an investment in DPF.
2 As of September 30, 2015.
3 The amount of distributions DPF may make is uncertain. DPF has paid, and may continue to pay in the future, distributions from sources other than cash flow from operations. The sources from which DPF
may pay distributions include, without limitation, the sale of assets, borrowings or offering proceeds (including the return of principal amounts invested). The use of these sources for distributions decreases
the amount of cash DPF has available for new investments, repayment of debt, share redemptions and other corporate purposes, and could reduce your overall return. Prior to 2012, DPF’s distributions have
historically exceeded its cash flow from operations. However, for the years ended December 31, 2012, December 31, 2013, December 31, 2014 and for the nine months ended September 30, 2015,
distributions were funded solely from cash flow from operations.
Summary: Why Invest Now?

14. 23For Broker Dealer Use Only — Not for Use with Public — Not for Use Ohio November 2015
Action Steps for Advisors
Identify your clients that may benefit from DPF and contact us today.
● What do these clients look like?
● Do they meet the suitability requirements?
● Are they looking for yield?
● Do they have a long-term investment horizon?
To find out more about how DPF can help your
clients reach their current income goals, call
866.DCG.REIT (324.7348) or use the contact
information below.