GURNER™ Announces $150m Partnership With Qualitas

 GURNER™ Announces $150m Partnership With Qualitas

Melbourne based developer GURNER™ has announced a $150,000,000 partnership mega-deal with real estate investor Qualitas.

The newly established equity will enable the luxury developers to capitalise on the fragility in the current market by acquiring new sites and bolstering its already impressive $5.7billion portfolio.

GURNER™ CEO, Tim Gurner, said that the funds will enable the developer to be decisive moving forward.

With $150million in capital available, we can act quickly on opportunities and hunt aggressively to identify the right opportunities.

GURNER™ CEO – Tim Gurner

The group will now turn its attention to strengthening its presence across Australia and New Zealand’s larger cities, with particular focus on the Emerald City.

“We’ll focus closely on Melbourne and Sydney, followed by Brisbane, the Gold Coast and Auckland, with Perth if it feels right,” said Gurner.

“This time a large focus will be on Sydney – we missed the last run on the market so we don’t want to be in that position again and are open to all scale of development in Sydney,” he said.

GURNER
GURNER™ CEO Tim Gurner (left), Qualitas Managing Director Mark Fischer (centre) and Qualitas Senior Director Rohan Davis (right)

Qualitas managing director and co-founder, Andrew Schwartz, told of his delight to have struck the partnership deal and said that the two partners’ strengths will combine well going forward.

“We are very pleased for Qualitas to enter this part of the cycle with significant unspent discretionary capital,” he said.

“It is in this type of environment that Qualitas and our development partners such as GURNER™ do our best.”

“Therefore, we expect the creation of this platform with the GURNER™ team to generate significant deal pipeline and compelling risk-adjusted returns for our Funds,” he added.

Get Exclusive Access To OzHomeNews

Check out our latest content...

Ultimate Central Coast Beach House Snapped Up

The Lap of Lakeside Luxury in Seductive Swanbourne

Brand-New Luxury Mansion Tour

The Epitome of Period Perfection in Charming Claremont

Top 3 Pools in QLD: These Views Will Take Your Breath Away!

Check Out This Luxury Coastal Home in Cottesloe

Check out our most popular articles!

Exclusive Entertainer’s Dream on the Market

$9.5m ‘Eagles Nest’ Listed on The Northern Beaches

007 Star Lists Malibu Mansion for $140m!

Remarkable Ridgeway Drive Home Up For Grabs

‘Castle in the Sky’ Sold for $4.2m

Top 10 Hottest Properties of the Week

Copy link