The active listed global real estate manager has outperformed its index* by 3.81 per cent since inception.
The 10-year milestone also saw Quay reach $1 billion in funds under management.
Co-principal and portfolio managers Justin Blaess and Chris Bedingfield attributed the success of the business to its outstanding investment team, unique investment philosophy, as well as the ongoing support of Bennelong Funds Management and investors.
“Reaching our tenth anniversary, as well as $1 billion in funds under management, is a great achievement. Our success reflects the trust investors place in our team’s expertise and dedication.
“We continue to see strong opportunities for investors in global real estate, particularly off the back of renewed expectations of interest rate cuts in the US, and look forward to another decade of success for our investors.
“It’s been great working alongside the talented team at Bennelong to reach this milestone,” Mr Bedingfield says.
Quay partnered with Bennelong Funds Management in 2015.
Bennelong CEO, John Burke, said that Chris and Justin have led the business to outstanding success over the past decade.
“Quay has consistently grown while providing investors with solid returns and access to a diverse range of listed real estate opportunities across the globe, at a time of continuous change in markets.
“Thank you to the investors who have joined us on Quay's journey. We're proud of the team’s accomplishments and look forward to many more years of successful partnership."
* As at 31 July 2024. Benchmark is the FTSE/ EPRA NAREIT Developed Index Net TR AUD