Qualitas Limited is an ASX-listed Australian alternative real estate investment manager with approximately $8bn1 of committed funds under management. Qualitas matches global capital with attractive risk-adjusted investments in real estate private credit and real estate private equity through a range of investment solutions for institutional, wholesale and retail clients. Qualitas offers flexible capital solutions for its partners, creating long-term value for shareholders, and the communities in which it operates.
For 15 years, Qualitas has been investing through market cycles to finance assets with a combined value of over $21bn2 across all real estate sectors. Qualitas focuses on real estate private credit, opportunistic real estate private equity, income-producing commercial real estate and build to rent residential. The broad platform, complementary debt and equity investing skillset, deep industry knowledge, long-term partnerships, and diverse team of more than 80 professionals provides a unique offering in the market to accelerate business growth and drive performance for shareholders.
1 FUM metrics as at 31 August 2023 and adjusted for additional $530m activated commitment in Qualitas Private Income Credit Fund as at 3 October 2023.
2 As of 30 June 2023.
Investment principles & strategy
At Qualitas we have a team of experienced investment professionals with the ability to analyse real estate opportunities from both a debt and equity perspective. This gives us a strong competitive advantage and enables us to deliver an enviable track record of returns for our fund investors.
Overall, there are times in the various cycles, which can be at different points depending on sector and geography, where we prefer downside protection (credit investing) and other times where we prefer the ability to earn upside and outsized returns (equity investing). This is a dynamic process. Qualitas’ agility, experience and ability to pivot as needed is what gives investors’ confidence and contributes to the company’s successful performance.
We are committed to integrating and managing appropriate ESG measures throughout the organisation, and in our funds and investment processes. We aim to leverage our platform and position as a leading alternative commercial real estate financier to play a role in assisting Australia to transition to a more sustainable built environment, with a focus on residential property.
Risk is always important in our investment decisions. We have a three lines of defence framework – our investment team, risk team and investment committee – that ensures effective and efficient risk governance, and it is incumbent on all our team to ensure risk is central in our thinking. We know that our investment due diligence process underpinned by risk assessment has helped build Qualitas’ industry leading investing reputation.
Strategic corporate development
Experience tells us that the best investment results are delivered by following a consistent approach when identifying real estate investment opportunities.
We have a client-led investment model, leveraging our strong sector experience across private credit and equity to increase our exposure to scalable and attractive industry megatrends and investment opportunities. These include:
RESIDENTIAL
Australian residential sector, including both build-to-rent and build-to-sell, offers opportunities due to the significant disconnect between limited supply and constraints on future supply, compared to the core underlying demand
Borrowers are seeking speed and certainty of capital and decision making; flexibility; specialist financing and industry experience
COMMERCIAL REAL ESTATE CREDIT
Investors are seeking appropriate risk-adjusted returns and regular income with access to private credit, especially in CRE
Investor returns are expected to increase with rising interest rates
BUILD-TO-RENT
A fast-growing sector in Australia, addressing affordability and providing lifestyle benefits. The sector is well established in offshore markets, yet only in its infancy in Australia
Increasing interest from investors in BTR equity and debt opportunities as the asset class becomes better understood
COMPLIANCE STATEMENT
This document contains general information only and does not consider your investment objectives, financial situation or needs. Qualitas Limited (ACN 655 057 855) (Qualitas) is not licensed to provide financial product advice in relation to Qualitas shares or any other financial products. This announcement does not constitute financial, tax or legal advice, nor is it an offer, invitation, or recommendation to apply for or acquire a share in Qualitas or any other financial product. Before making an investment decision, readers should consider whether Qualitas is appropriate given your objectives, financial situation, and needs. If you require advice that considers your personal circumstances, you should consult a licensed or authorised financial adviser. Past performance is not a reliable indicator of future performance.
