Seller Details:
Launched in July 2018, Starz Real Estate (“Starz”) is a commercial real estate lender focused on middle-market loans throughout Europe. With a balance sheet built for the long haul, Starz is a flexible and reliable source of capital for real estate investors. Starz provides collaborative lending solutions coupled with streamlined underwriting processes that ensures seamless service.
Buyer Details:
Qualitas Limited (“Qualitas”) is an ASX-listed Australian alternative real estate investment manager with approximately A$10.9 billion of committed funds under management. Qualitas matches global capital with access to attractive risk-adjusted investments in real estate private credit and real estate private equity through a range of investment solutions for institutional, wholesale and retail clients.
Qualitas has been investing through market cycles to finance assets, now with a combined value of over A$40 billion across all real estate sectors. Qualitas focuses on real estate private credit, opportunistic real estate private equity, income producing commercial real estate and build-to-rent residential. The broad platform, complementary debt and equity investing skillset, deep industry knowledge, long-term partnerships, and diverse and inclusive team provides a unique offering in the market to accelerate business growth and drive performance for shareholders.
Transaction Summary:
Starz has agreed to be acquired by Qualitas, where Starz will become the European real estate private credit platform of Qualitas and brings an established team with fully integrated in-house capabilities across origination, asset management and finance functions. Supported by global institutional capital complementary to Qualitas’ existing investor base, the platform is well positioned to originate and deploy capital across multiple European jurisdictions.
This is a key step in executing the growth strategy outlined in Qualitas’ 1H26 results investor presentation, expanding its commercial real estate (CRE) private credit platform into attractive international markets through both organic and inorganic channels. The transaction expands Qualitas’ international footprint and establishes a platform for the growth of its European real estate private credit business.