Real estate management firm Qualitas announced on Monday that it has launched a new fund to finance Australia’s first low emissions build-to-rent (BTR) residential buildings. The fund is backed by a cornerstone investment of up to $125 million from the government’s Clean Energy Finance Corporation (CEFC).
In a statement, the company claimed that the Qualitas Build-to-Rent Impact Fund (QBIF) is Australia’s first property debt fund to finance housing that meets sustainability standards and reduces greenhouse gas emissions by at least 35 per cent compared with the current building code.
