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The latest update is out from Qualitas Real Estate Income Fund Units ( (AU:QRI) ).
The Trust Company (RE Services) Limited, as the responsible entity for Qualitas Real Estate Income Fund, has announced a pro rata non-renounceable entitlement offer. This offer allows existing eligible unitholders and certain new institutional investors to purchase one new unit for every six units held at a price of A$1.60 per unit. The announcement indicates that the offer will not materially impact the control of the Trust, as it is not expected to significantly alter voting power dynamics.
The most recent analyst rating on (AU:QRI) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Qualitas Real Estate Income Fund Units stock, see the AU:QRI Stock Forecast page.
More about Qualitas Real Estate Income Fund Units
Qualitas Real Estate Income Fund is a financial entity operating in the real estate investment sector, focusing on providing income through real estate investments. The fund is managed by The Trust Company (RE Services) Limited, which acts as the responsible entity, ensuring compliance with regulatory obligations.
Average Trading Volume: 980,025
Technical Sentiment Signal: Buy
Current Market Cap: A$977.7M
For a thorough assessment of QRI stock, go to TipRanks’ Stock Analysis page.