Qualitas Real Estate Income Fund Units ( (AU:QRI) ) has issued an update.
Qualitas Real Estate Income Fund announced that its Shortfall Offer Bookbuild closed early, exceeding the Entitlement Offer with a total subscription value of $151 million, reflecting strong investor confidence. The successful completion of the Shortfall Offer enhances the fund’s ability to invest in attractive commercial real estate opportunities, providing investors with portfolio diversification, cost efficiencies, and increased liquidity.
More about Qualitas Real Estate Income Fund Units
Qualitas Real Estate Income Fund (QRI) operates in the real estate investment industry, focusing on providing monthly income and capital preservation through investments in commercial real estate loans secured by mortgages, primarily in Australia. The fund is managed by QRI Manager Pty Ltd, a subsidiary of Qualitas Group, an Australian alternative real estate investment manager with a significant amount of committed funds under management. Qualitas specializes in matching global capital with real estate private credit and equity opportunities, offering investment solutions for institutional, wholesale, and retail clients.
YTD Price Performance: -1.03%
Average Trading Volume: 659,609
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$922.9M
See more data about QRI stock on TipRanks’ Stock Analysis page.