Qualitas Real Estate Income Fund Units · ASX:QRI
Qualitas Real Estate Income Fund Units — Investor Presentation (June 2024)
28 slides from Qualitas Real Estate Income Fund Units's investor presentation, Jun 27, 2024
Slide 1: Equity Raising and Investor Presentation ASX Announcement
The Trust Company Level 18, 123 Pitt Street, P: (02) 9229 9000 (RE Services) Limited Sydney, NSW 2000 F: +61 2 8256 1427 ACN 003 278 831 www.perpetual.com.au ABN 45 003 278 831 AFSL 235150 ASX Announcement Level 3, 530 Collins Free call: 1800 650 358 Street P: (03) 9665 0200 PO Box 361 Collins F: (0
Slide 2: About the Qualitas Real Estate Income Fund
Placement Agreement, the Manager has agreed to pay certain fees to the Joint Lead Managers for acting as the managers to the Placement. Further details of the Placement including indicative dates are outlined within the Investor Presentation annexed to this announcement. Authorised for release by th
Slide 3: Notices and disclaimers
Unit Registry Phone: 1300 554 474 Outside of Australia: +61 1300 554 474 Facsimile: 02 9287 0303 Email: qualitas@linkmarketservices.com.au Website: www.linkmarketservices.com.au Investor Portal: https://investorcentre.linkgroup.com/Login/Login Notices and disclaimers 1. This communication has been i
Slide 4: Annexure A – Investor Presentation
Annexure A – Investor Presentation 4
Slide 5: Qualitas Real Estate Income Fund Equity Raising Presentation
Qualitas Real Estate Income Fund Equity Raising Presentation June 2024 ASX:QRI NOT FOR RELEASE FOR DISTRIBUTION IN THE UNITED STATES
Slide 6: Important Notices and Disclaimer
Important Notices and Disclaimer The Trust Company (RE Services) Limited ABN 45 003 278 831; AFSL 235150 (TrustCo) is the responsible entity of the Qualitas Real Estate Income Fund ARSN 627 917 971 (Trust) and the issuer of units in the Trust. This document (Presentation) has been authorised for rel
Slide 7: Important Notices and Disclaimer (cont')
Important Notices and Disclaimer (cont’) The words, 'expect', 'anticipate', 'estimate', 'intend', 'believe', 'guidance', 'should', 'could', 'may', 'will', 'predict', 'plan', 'forecast' and similar expressions are intended to identify forward-looking statements. Any indications of, and guidance on, f
Slide 8: Important Notices and Disclaimer (cont')
Important Notices and Disclaimer (cont’) Certain market and industry data used in connection with this Presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. None of the Trust Parties or Limited Parties have not i
Slide 9: Important Notices and Disclaimer (cont')
Important Notices and Disclaimer (cont’) Bond Adviser disclaimer Bond Adviser Pty Ltd (ABN 31 164 148 467, ASF Licence 456783) (BondAdviser) has acted on information provided to it and our research is subject to change based on legal offering documents. This research is for informational purposes on
Slide 10: Acknowledgement of Country
Acknowledgement of Country Qualitas acknowledges the Traditional Custodians of country throughout Australia and their ongoing connection to land, sea, and community. We pay our respect to their Elders past and present. JOURNEY OF GROWTH BY ALYSHA MENZEL 6
Slide 11: The Offer
The Offer
Slide 12: Wholesale investor placement
Wholesale investor placement KEY DETAILS1 Trust Name Qualitas Real Estate Income Fund ARSN 627 917 971 (QRI or Trust) Investment Manager QRI Manager Pty Ltd (Qualitas) Responsible Entity The Trust Company (RE Services) Limited Offer Placement of new units to wholesale and institutional investors Tar
Slide 13: QRI placement offer key dates
QRI placement offer key dates The Placement will benefit all unitholders through increasing portfolio size, enhancing diversification and improving trading liquidity KEY DATES1 BENEFITS OF THE EQUITY RAISING Trading halt Pre-market open on, Thursday, 27 June 2024 Increase portfolio diversification a
Slide 14: Qualitas Real Estate Income Fund
Qualitas Real Estate Income Fund
Slide 15: QRI core objectives are supported by macro tailwinds
QRI core objectives are supported by macro tailwinds KEY OBJECTIVES Deliver income to investors Monthly distribution Capital preservation Portfolio diversification by investing in portfolio of Attractive positive inflation No impairment since Short tenured portfolio Australia & New Zealand adjusted
Slide 16: Qualitas Real Estate Income Fund (ASX:QRI) overview
Qualitas Real Estate Income Fund (ASX:QRI) overview \ \ \ Regular income1 with the Property investment without Expert real estate investment potential for capital preservation ownership risk manager Cash rate + Monthly RESEARCH RATINGS5 5.0% to 6.5% p.a. distributions Target return1,2 8.60% $676m Re
Slide 17: Portfolio composition as at May 2024
Portfolio composition as at 31 May 20241 DIVERSIFIED PORTFOLIO BY LOAN TYPE, PROPERTY SECTOR, GEOGRAPHY AND BORROWER 37 loans3 Portfolio composition2 Property sector2 Geography2 2% 14% 3% 4% 15% 85% 18% 5% Senior (1st mortgage) loans4 39% 23% 62% 37% 78% 65% Weighted average LVR5 Cash Residential Se
Slide 18: Why now may be the time to invest in QRI
Why now may be the time to invest in QRI QRI ANNUALISED DISTRIBUTIONS1 10% 1.610 8% 1.605 IPO proceeds deployed 6% 1.600 4% 1.595 2% 0% 1.590 Nov 18 May 19 Nov 19 May 20 Nov 20 May 21 Nov 21 May 22 Nov 22 May 23 Nov 23 May 24 QRI NTA (RHS) QRI Distribution (% p.a.) (LHS) RBA Cash Rate (LHS) Two prim
Slide 19: Qualitas Group
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Slide 20: Qualitas is a real estate private credit focused alternative funds management firm
Qualitas is a real estate private credit focused alternative funds management firm DIFFERENTIATORS QUALITAS OVERVIEW WHY QUALITAS AS AN INVESTMENT OPPORTUNITY? FUM as at 26-June-241 • Founder-led with 15+ year track record of $8.6bn performance through market cycles Investor-led $7.0bn $0.5bn $0.7bn
Slide 21: Increasing allocations to private credit from global investors
Increasing allocations to private credit from global investors with a focus on quality and scale • Significant growth potential - private GLOBAL PRIVATE CREDIT AUM TO INVESTORS ARE INCREASINGLY credit currently represents ~1% of ALMOST DOUBLE BY 20281 COMMITING LARGER MANDATES TO global fixed income
Slide 22: Our private credit strategy is at the forefront of residential thematic
Our private credit strategy is at the forefront of decade-long residential thematic QUALITAS IS ONE OF FEW ALTERNATIVE FINANCIERS WITH LARGE-SCALE CAPITAL NEEDED TO FINANCE HIGH-DENSITY HOUSING $42bn - $51bn 300k 79k Construction financing needed for known FY26 and FY27 221k pipeline and residual st
Slide 23: Market Outlook
Market Outlook
Slide 24: Why now is the time to invest in CRE private credit in Australia?
Why now is the time to invest in CRE private credit in Australia? Ongoing liquidity withdrawals from traditional financiers and equity like returns generated with lower risk are attracting global investors AUSTRALIAN CRE FINANCIER LANDSCAPE HAS CHANGED INVESTORS ARE DRAWN TO ATTRACTIVE RISK ADJUSTED
Slide 25: Where does CRE credit and QRI sit on the risk and return spectrum?
Where does CRE credit and QRI sit on the risk and return spectrum? SENIOR CRE CREDIT ON THE RISK AND RETURN SPECTRUM1 QRI SITS AT THE LOWER END OF THE RISK SPECTRUM ACROSS QUALITAS’ FUNDS MANAGEMENT PLATFORM1 Size of bubble = scale of investment within Qualitas’ fund management platform Opportunisti
Slide 26: Risk Factors
Risk Factors Investment in the Trust is subject to a number of risks and Investors should refer to Section 8 Risks relating to the portfolio of the PDS dated 7 October 2021 (https://www.qualitas.com.au/listed-investments/qri- overview/) for further details in relation to the risks involved in an inv
Slide 27: International Offer Restrictions
International Offer Restrictions This document does not constitute an offer of New Units in the Trust in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Units may not be offered or sold, in any country outside Australia e
Slide 28: Office locations and QRI investor enquiries
MELBOURNE OFFICE SYDNEY OFFICE BRISBANE OFFICE Level 38, Level 5, Level 14, 120 Collins Street 1 Bligh Street 167 Eagle Street Melbourne VIC 3000 Sydney NSW 2000 Brisbane QLD 4000 QRI INVESTOR ENQUIRES P +61 3 9612 3939 E qri@qualitas.com.au W qualitas.com.au/qri
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