Qualitas continues to deploy capital in challenging times
20 April 2020
Qualitas is pleased to announce that it continues to deploy its committed discretionary capital through the cycle to high quality assets and sponsors, reaching financial close this week on a senior debt facility to assist in funding the construction of the Opalia Shopping Centre, Melton South. The Shopping Centre will be a neighbourhood offering underpinned by a full line Woolworths Supermarket (including BWS), Chemist Warehouse, McDonalds, KFC, EG Fuelco and Kool Kidz Childcare Centre. The Centre will provide much needed retail amenity and a community hub to all residents in the rapidly growing suburb of Melton South and surrounds.
The transaction demonstrates the firm’s ability to respond quickly with its flexible capital to provide much needed liquidity to the private real estate sector during challenging periods.