Qualitas Closes Inaugural Sustainable Subscription Line for QDCI Fund

SYDNEY, June 15, 2026 — Qualitas (ASX: QAL), an ASX-listed alternative real estate investment manager, has closed its first sustainable fund finance transaction, embedding a use-of-proceeds (UOP) sub-limit within the senior secured subscription line facility for its Qualitas Diversified Credit Investments (QDCI) fund, the firm announced Sunday.

The transaction ties fund-level capital directly to qualifying green and social loan deployments within the QDCI portfolio.

Transaction Structure and Lending Group

MUFG Bank, Ltd. acted as Sole Sustainability Co-ordinator and Mandated Lead Arranger and Bookrunner, leading both the structuring of the UOP sub-limit and the broader syndication process. The transaction also expanded the lending group to include Westpac and Crédit Agricole, broadening the banking syndicate supporting the facility.

The deal was established as part of a broader refinance and upsize of the existing subscription line. The UOP sub-limit is aligned with Qualitas' updated Sustainable Finance Framework, which the firm revised in March 2026 with reference to the Asia Pacific Loan Market Association (APLMA) Green Loan Principles (2025) and Social Loan Principles (2025). The Framework has received a Second Party Opinion from DNV Australia, an independent sustainable finance verification and assurance provider.

Eligible uses of proceeds under the sub-limit include green buildings, building retrofits, and affordable and social housing within the QDCI portfolio.

Transaction Details

The total facility size was not disclosed. The structure supports fund capital to be deployed towards qualifying green and social loans within the QDCI portfolio. By operationalising the Framework, the transaction is intended to enhance transparency, accountability, and ESG reporting, while providing flexibility for Qualitas to scale sustainable investment activity over time.

Mark Fischer, Global Head of Real Estate and Co-Founder at Qualitas, said the transaction reflects a deliberate integration of sustainable finance across the firm's funds management platform.

"This refinance is a deliberate step forward in how we are integrating sustainable finance across our funds management platform. The UOP sub limit creates a direct link between our capital and Qualitas' Sustainable Finance Framework, supporting additional deployment into qualifying green and social loans. We are pleased to welcome Westpac and Crédit Agricole to the syndicate and acknowledge MUFG for their work in structuring this facility," Fischer said.

Rob Ward, Head of Asian Investment Banking Division, Oceania at MUFG, said the transaction establishes a platform for Qualitas' future sustainable finance strategies.

"This landmark transaction underscores Qualitas' leadership in the Australian alternative investments sector and its commitment to advancing ESG outcomes. The introduction of a UOP structure establishes a strong platform to support Qualitas' future sustainable finance and funding strategies," Ward said.

About Qualitas

Qualitas is an ASX-listed Australian alternative real estate investment manager with approximately A$10.9 billion of committed funds under management as at December 31, 2025. Over its 18-year operating history, the firm has financed assets with a combined value of over A$40 billion across all real estate sectors. Qualitas serves institutional, wholesale, and retail clients through a range of investment solutions spanning real estate private credit and real estate private equity. The firm focuses on real estate private credit, opportunistic real estate private equity, income-producing commercial real estate, and build-to-rent residential.

Disclaimer: This article contains general information only. Before making an investment decision, readers should consider whether Qualitas is appropriate given their objectives, financial situation and needs. Past performance is not a reliable indicator of future performance.

Sources:
Qualitas Media Release: Qualitas Announces Its First Sustainable Finance Transaction (June 15, 2026)