Qualitas Real Estate Income Fund Units (AU:QRI) has released an update.
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Qualitas Real Estate Income Fund has declared a distribution of 1.1689 cents per unit for October 2024, translating to an annual distribution return of 8.6% based on a net tangible asset value of $1.60 per unit. The fund focuses on providing monthly income and capital preservation through investments in real estate loans secured by mortgages across Australia. Managed by QRI Manager Pty Ltd, a subsidiary of the ASX-listed Qualitas Group, the fund aligns global capital with real estate investments to deliver long-term value.
For further insights into AU:QRI stock, check out TipRanks’ Stock Analysis page.