Qualitas showing off its growth since IPO

Alterative real estate investment manager Qualitas released its first half year results following its IPO late last year. The company reported a 134% increase in profit over the year, driven by an 97% increase to revenue. CEO Andrew Schwartz said the highlight for him was that growth in revenue. The company is showing continuing growth since its listing. Andrew said the company stands to benefit from interest rate increases as it will benefit investors that are in private credit. However there is also the securities in the property side of the business, and Andrew said they are carefully choosing the properties to invest in. There is insatiable demand by institutional investors into warehouse facilities which Qualitas is looking further into. Build-to-rent is also a big proponent of the company, which is continuing to grow in demand.