Qualitas breaks through $100 million in recent close for Senior Debt Fund
A growing appetite among institutional and high net worth investors for senior secured real estate debt has helped Qualitas to raise over $100 million for its latest debt fund, the $500 million open ended Qualitas Senior Debt Fund. The real estate fund manager said it has captured significant investor interest for the open-ended fund, which […]
How we manage risk in real estate debt
After years of strong gains, property prices are stabilising in many locations and declining in some. What impact might this have on Commercial Real Estate Debt as an asset class? This article explains why debt is less sensitive to price movements, and how investors are protected through secured assets. Making sense of the data For […]
An emerging asset class: what’s driving the rise of alternative lenders?
Australia is witnessing a fundamental shift in the commercial real estate lending landscape in Australia, creating new opportunities for investors. As banks retreat from the property sector, alternative capital providers are coming to the fore. These financiers are sometimes called ‘shadow banks’, but this is a misnomer. Unlike banks, who take deposits from savers, alternative […]
Can you make money from real estate without buying it?
Buying property isn’t the only way to gain exposure. In fact, real estate debt can provide strong returns and capital preservation for investors, regardless of property price movements. There’s no doubt Australian investors have a love affair with property. But for the vast majority, their exposure is in the form of equity: owning a slice […]
Real Estate: is now a good time to invest?
There is no shortage of negative sentiment around the property sector at the moment, but that doesn’t mean investors should shun it entirely. In fact, we believe there are significant opportunities to make money from real estate, regardless of price movements. Warren Buffet’s famous piece of investment advice is to “be fearful when others are […]
Qualitas buys Allied Pinnacle property portfolio in $400 million deal
Qualitas has announced its acquisition of the Allied Pinnacle property portfolio for approximately $400 million. The portfolio comprises ten flour-milling and bakery operations across Australia. Allied Pinnacle will maintain full control of the operations at the sites through 30-year, triple-net leases. Purchased from Allied Pinnacle, the portfolio is expected to provide a yield of 6%. The […]
Keep an eye on foreign private property funding: Qualitas MD Andrew Schwartz
November 14, 2017. Financial Review by Su-Lin Tan The flood of foreign capital rushing into Australia to privately fund residential projects is welcome but must be watched, said Andrew Schwartz, the managing director of real estate investment management firm Qualitas. The amount of private “alternative” funding was staggering, Mr Schwartz said at the 2017 UBS […]
Qualitas: fast-growing lender (IPE Real Assets Article)
Australian lender Qualitas Property Partners is helping overseas investors to diversify into the Australian markets In the past 12 months, as more global firms seek to establish a foothold in Australia’s debt market, the homegrown Qualitas Property Partners has deepened its footprint. Qualitas has raised about AUD1bn (€668m) – half of that from offshore investors. […]
Qualitas’ Response to the New APRA Powers to Address Financial Stability Risks – Non-ADI Lender Rules
On 17 July 2017, the Australian Government published the draft Treasury Laws Amendment (Non-ADI Lender Rules) Bill 2017 (the Draft Bill). The stated aim of the Bill is to “ensure that the Australian Prudential Regulation Authority (APRA) is able to respond flexibly to financial and housing market developments that pose a risk to financial stability, […]
Appointment of Independent Trustee
Qualitas is delighted to announce the appointment of Andrew Fairley as an independent director of the board of Qualitas Securities Pty Ltd effective 1 July 2017. Andrew Fairley has more than 35 years’ experience as an equity lawyer, including in superannuation, trusts, estate and succession planning. He founded Australia’s first specialist superannuation law firm, IFS […]
Non-bank lenders grab an opportunity as banks scale back loans
Qualitas was featured in an article written by Richard Gluyas at The Australian focusing on the regulatory-driven transformation of the property development market. The article focused on the recent news of Qualitas raising $500m of institutional capital, closing the first round of a multi-billion dollar construction finance program for residential and commercial projects. Read the […]
New $500m construction finance fund open for business, says Qualitas
Qualitas has raised $500 million of institutional capital, closing the first fund of a multi-billion construction finance programme. The fund furthers Qualitas’ rapidly expanding real estate debt strategy, providing a much needed alternative source of capital for residential and commercial development projects. Real estate investment management firm Qualitas announced today that it has raised $500m […]
Is it the end of the tailwind in traditional real estate?
Real-estate valuations in major cities are at historical peaks, banks are pulling back from commercial real estate lending and the tailwind from lower interest rates appears to be coming to an end. Against this background, Mark Fischer, Managing Director – Principal Investments at Qualitas, participated in a panel session at the Private Markets conference in […]
Financiers step in as banks slow property lending
Qualitas’ CFO, Kathleen Yeung, told a Property Council of Australia forum that there is a shortage of debt capital for residential development. Commenting on the reduction in lending by banks, she said, “It’s as bad as, if not worse than, the financial crisis. The bank debt pull-back is leaving significant holes in capital structures.” However, […]
Property developers pull back on apartment projects
Property developers are shedding major apartment sites along the eastern seaboard as banks tighten lending to oversupplied areas, The Australian reports. The article says that “Tougher lending rules have slugged the market, with investors unable to borrow as much to buy units and banks refusing to lend to foreign purchasers, stalling apartment projects”. Qualitas’ Group […]
Qualitas and Toga donate former Sydney hotel to homeless youths
Qualitas and Toga partner to provide an innovative housing solution The former Addison Hotel in Sydney’s Kensington will be donated to community groups to use as a youth homeless shelter for a year. Operated by community housing provider My Foundations Youth Housing, the site will provide homes for up to 42 vulnerable young people. Click […]
Qualitas appoints James Kaufman to drive ‘value-add’ direct property strategy
Qualitas is expanding its capability in direct real estate investment with the appointment of James Kaufman as Executive Director in the Principal Investments team. Mr Kaufman joins from global real estate firm JLL, where he was a senior member in the capital markets group, supervising transactions totalling in excess of $4 billion. A Licensed Real […]
Real Estate and Private Markets Conference – 27 & 28 Feb 2017, Melbourne
Qualitas is excited to be a key sponsor and panel speaker at Investment Magazine’s “Real Estate and Private Markets Conference” at Crown Towers, Melbourne on 27 – 28 February 2017. For further details please visit http://www.privatemarketsconference.com.au
Capital gains tax hikes will put ‘substantial upward pressure’ on property prices
Any change to the existing environment permitting tax breaks on negative gearing or capital gains tax deductions on property investments would quickly push prices lower Andrew Schwartz said “We would expect that any changes to the tax base, such as cuts to CGT exemptions or changes to negative gearing, would have a short term downward […]
Series 6 of the Qualitas Real Estate Private Debt Fund is now open to investors
For more information, click here to contact Yossi Kraemer, Head of Institutional Capital.