Qualitas Real Estate Income Fund Units ( (AU:QRI) ) has shared an update.
Qualitas Real Estate Income Fund has announced a $151 million non-renounceable entitlement offer, providing existing unitholders the chance to purchase new units at a discount. The proceeds will be used to invest in commercial real estate loans, aiming to enhance the fund’s scale, liquidity, and portfolio diversification amidst a changing lending environment. The fund continues to deliver strong performance with high returns and no loan impairments since its IPO.
More about Qualitas Real Estate Income Fund Units
Qualitas Real Estate Income Fund, listed on the ASX under the ticker QRI, is part of the commercial real estate lending industry in Australia. It offers investment opportunities primarily through real estate private credit, focusing on delivering regular income to institutional and retail investors. The fund is recognized as Australia’s largest listed mortgage REIT and is included in the S&P/ASX 300 indices.
YTD Price Performance: -1.63%
Average Trading Volume: 657,631
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$766.7M
For an in-depth examination of QRI stock, go to TipRanks’ Stock Analysis page.