QRI Declares 0.9989 Cents Per Unit Distribution, Yielding 7.60% Annually
Qualitas Real Estate Income Fund (QRI) declared a distribution for April 2025, delivering an annualized return of 7.60% based on its net tangible assets. The fund continues to focus on real estate loans secured by mortgages across Australia, aiming to provide steady monthly income.
- April 2025 distribution of 0.9989 cents per unit
- Annualized yield of 7.60% based on $1.60 net tangible assets per unit
- Focus on Australian real estate loans secured by first and second mortgages
- Managed by QRI Manager Pty Ltd, part of the ASX-listed Qualitas Group
- Responsible entity is The Trust Company (RE Services) Limited, part of Perpetual Group
Distribution Announcement and Fund Performance
Qualitas Real Estate Income Fund (ASX: QRI) has announced its distribution for April 2025, declaring a payment of 0.9989 cents per unit. When annualized, this equates to a yield of 7.60% based on the fund’s net tangible assets per unit of $1.60 as of 30 April 2025. This steady income stream aligns with the fund’s objective of providing monthly income alongside capital preservation.
Investment Focus and Strategy
The fund invests primarily in a diversified portfolio of real estate loans secured by first and second mortgages, predominantly within Australia. This strategy offers investors exposure to real estate credit markets, aiming to balance income generation with risk mitigation through secured lending. The fund’s approach is designed to appeal to investors seeking consistent cash flow backed by tangible assets.
Management and Governance
QRI is managed by QRI Manager Pty Ltd, a wholly owned subsidiary of the Qualitas Group, an ASX-listed alternative real estate investment manager with approximately A$9.2 billion in committed funds under management as of December 2024. Qualitas brings over 16 years of experience investing across real estate sectors, combining private credit and equity strategies to deliver value.
The Responsible Entity of the fund is The Trust Company (RE Services) Limited, part of the Perpetual Group, which has a long-standing history exceeding 135 years in Australian financial services. This governance structure provides a robust framework for investor protection and regulatory compliance.
Market Context and Outlook
While the April distribution reflects a healthy return, it is important to note that the annualized yield is based on a single month’s distribution extrapolated over 12 months. Investors should consider this in the context of market conditions and the fund’s ongoing performance, which is detailed in the QRI performance report for April 2025. The fund’s focus on secured real estate loans positions it well amid fluctuating property markets, but future distributions may vary depending on economic and credit factors.
Bottom Line?
QRI’s April distribution underscores its role as a steady income vehicle, but investors should watch upcoming reports for signs of yield sustainability.
Questions in the middle?
- Will QRI maintain or improve its distribution yield in the coming months?
- How are current real estate market conditions impacting the credit quality of QRI’s loan portfolio?
- What strategies is Qualitas employing to manage risks amid evolving economic pressures?
