Qualitas says Australia’s next housing cycle is starting, with residential projects accounting for about 90 per cent of the $1.4 billion in investments the non-bank lender has earmarked for investment in the first seven weeks of the current financial year alone.
The “vast majority” of ASX-listed Qualitas’ $1.4 billion pipeline so far this year – of investments closed, mandated but not approved, or yet to be fully mandated – was for the residential sector, showing a further pick-up from last year, managing director Andrew Schwartz said.