20 June 2019: QRI Manager Pty Ltd (Manager), the manager of QRI, is pleased to announce that it has completed a placement of approximately $34.68m of funds to wholesale investors.

The placement of 21,675,889 units will be issued at a price of $1.60 per unit (Placement) which represents a 3.61% discount to the last closing price of $1.66 on 18 June 2019. The Net Asset Value is $1.6007 per unit as at 31 May 2019. The new units will rank equally with the existing units on issue.

The funds raised under the Placement will be used to undertake further investments that are in line with the Fund’s investment strategy.

 

Notices and disclaimers

  1. This communication has been issued by The Trust Company (RE Services) Limited (ACN 003 278 831)  (AFSL 235150) as responsible entity of The Qualitas Real Estate Income Fund (ARSN 627 917 971) (Fund) and has been prepared by QRI Manager Pty Ltd (ACN 625 857 070) (AFS Representative 1266996 as authorised representative of Qualitas Securities Pty Ltd (ACN 136 451 128) (AFSL 34224)).
  2. This communication contains general information only and does not take into account your investment objectives, financial situation or needs. It does not constitute financial, tax or legal advice, nor is it an offer, invitation or recommendation to subscribe or purchase a unit in QRI or any other financial product. Before acting on any information contained in this communication, you should consider whether it’s appropriate to you, in light of your objectives, financial situation or needs.
  3. While every effort has been made to ensure the information in this communication is accurate; its accuracy, reliability or completeness is not guaranteed and none of The Trust Company (RE Services) Limited (ACN 003 278 831), QRI Manager Pty Ltd (ACN 625 857 070), Qualitas Securities Pty Ltd (ACN 136 451 128) or any of their related entities or their respective directors or officers are liable to you in respect of this communication. Past performance is not a reliable indicator of future performance.

 

[1] There is no guarantee the Trust will meet its Investment Objective. The payment of monthly cash income is a goal of the Trust only