Qualitas Buys Starz Unit for A$36.5 Million as It Expands Into Europe
Updated
Updated · Bloomberg · Jun 12
Qualitas Buys Starz Unit for A$36.5 Million as It Expands Into Europe
2 articles · Updated · Bloomberg · Jun 12
Summary
A$36.5 million will buy Qualitas Ltd. the investment management business of Starz Real Estate, giving the Australian private credit firm an immediate foothold in the UK and Europe.
The acquired business manages a £376 million commercial property loan portfolio, adding scale in a market where demand for commercial financing is rising across Europe.
Melbourne-based Qualitas said the deal marks its expansion into Europe through a UK-based loan manager, extending its real estate private credit platform beyond Australia.