An existing institutional investor in Australian alternative real estate investment manager Qualitas’ Construction Debt Fund II, has committed an additional AUD750m (€444m) to the fund boosting total fund size to around AUD1.95bn, according to a report by IPE RealAssets.
The report cites the Melbourne-based manager as saying that the additional equity will enable the fund to better capitalise on upcoming opportunities in the commercial real estate (CRE) private credit sector.
Waulitas is also increasing its own co-investmmet commitment to the fund to AUD10m or 0.5% of assets.
