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Qualitas director trims indirect stake in real estate income fund

Story Highlights
  • Qualitas director Andrew Fairley has reduced his indirect holdings in QRI units through on-market sales.
  • Despite the sales, Fairley maintains his Qualitas ordinary shareholdings, supporting disclosure transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Qualitas director trims indirect stake in real estate income fund

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The latest update is out from Qualitas Limited ( (AU:QAL) ).

Qualitas director Andrew Fairley has reported changes to his relevant interests in securities tied to the group, including units in the Qualitas Real Estate Income Fund held via associated entities. The disclosure, made under ASX listing rules and company policy, details a series of on-market disposals that significantly reduce his indirect holdings in QRI units while leaving his direct and other shareholdings in Qualitas largely unchanged.

According to the filing, entities associated with Fairley sold a combined 292,674 QRI units on market at $1.56 per unit across two April transactions. Following the trades, Fairley, through related entities, retains 110,486 QRI units and continues to hold his existing Qualitas ordinary shares, with the notice underscoring ongoing transparency around director interests for investors in the listed fund and the parent company.

The most recent analyst rating on (AU:QAL) stock is a Buy with a A$4.16 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.

More about Qualitas Limited

Qualitas Limited is an Australia-based investment manager focused on real estate and credit markets, offering listed and unlisted funds including the ASX-quoted Qualitas Real Estate Income Fund. The group provides investors with exposure to real estate-backed income streams, positioning itself within the alternative asset management and property finance sector.

Average Trading Volume: 416,854

Technical Sentiment Signal: Sell

Current Market Cap: A$687.2M

Find detailed analytics on QAL stock on TipRanks’ Stock Analysis page.

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