Qualitas Limited (AU:QAL) has released an update.
Qualitas Limited announced that over 32 million options issued to the Abu Dhabi Investment Authority lapsed unexercised, a significant event for the company and its investors. The options, with a strike price of $2.4969, expired on August 1, 2024. Qualitas is a notable Australian real estate investment manager with A$8.9 billion in funds under management and a history of investing in various real estate sectors over the past 15 years.
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