Pallas Capital has earned an inaugural superior 4-star rating for the Pallas Capital Warehouse Trust No. 3 from SQM Research, a leading independent funds rating agency.
The rating qualifies the fund as High Investment Grade suitable for inclusion on most advisors Approved Product Lists.
SQM Research considered Pallas Capital’s investment team and processes, corporate governance, fund compliance and risk management to determine the rating. A 4-star rating recognises the fund’s potential to outperform over the medium-to-long term, with an attractive return to investors after fees of 7% p.a.
The rating by SQM Research is a reflection of Pallas Capital’s commitment to the highest level of due diligence in its origination and loan management processes, providing investors with strong, secure and consistent yield, despite market volatility such as that seen in the past 18 months.
“An inaugural SQM rating of 4-stars is outstanding – it is testament to Pallas Capital’s rigorous due diligence with its origination process and continuous risk management systems,” says Mark Spring, Executive Director, Pallas Capital.
He adds, “This rating gives wealth planners and investors the assurance that their investment is in safe hands and will continue to provide strong risk adjusted returns. At the same time, it also gives brokers and borrowers the confidence that our discretionary pools of capital are well managed and that we’re here for them for the long term.”
Pallas Capital is one of the fastest growing structured property investment arrangers in Australia, offering wholesale and sophisticated investors investment opportunities backed by commercial real estate providing fixed rate returns from 5.5% p.a (short term investment in first mortgages) to 6.75% p.a. (‘life of loan’ first mortgages) to over 15% p.a. (preference equity).
The business provides funds for loans secured against non-specialised property assets – chiefly premium, city-fringe assets with values between $2 – $50 million in Sydney, Brisbane and Melbourne. Its loans are supported by detailed due diligence on the borrower, a realistic and multi-faceted exit strategy, and active management of all loans by the Pallas Capital team throughout the term.
Pallas Capital and developer Fortis form part of Pallas Group, a business that provides specialist investment, lending and development solutions in the boutique property market in Australia.
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