Learn about Quay’s history, investment philosophy and global real estate strategy with co-founder, Justin Blaess.
“We set up Quay to invest for long-term total returns, rather than to try and beat an index. Global real estate is attractive, not only because it has that anchor to land, but it also has a track record of delivering superior returns relative to global equities.”
Hi, my name's Justin Blaess and I'm a co-founder of Quay Global Investors. With my business partner, Chris Bedingfield, we established Quay almost 10 years ago after a long career in global investment banks.
The motivation to establish Quay was to provide investors with an attractive strategy in an attractive asset class investing for long-term sustainable total returns. Quay's focus is in global listed real estate, and we are passionate about global listed real estate.
Land is a store of wealth. Well located real estate remains productive for years, for decades, sometimes even centuries, generating the owners a return on capital.
We set up Quay to invest for long-term total returns rather than try and beat an index. Global real estate is attractive, not only because it has that anchor to land, but it also has a track record of delivering superior returns relative to global equities.
Our focus is to invest in entities that are backed by long-term secular tailwinds that can help drive the earning story such as the ageing demographic through healthcare real estate, or increasing education participation rates through student accommodation.
Many of these asset classes like student accommodation, healthcare real estate, data centres, are very difficult to access, and in fact, in most instances, non-existent on the Australian Stock Exchange.
So why Quay? Chris and I are owners of the business. Chris and I invest in the same funds that our investors invest in, so we have that alignment. Chris and I regard Quay as our last job – we're not going anywhere. And what's more, Quay is backed by Bennelong Funds Management.
Bennelong Funds Management looks after many billions of dollars across a suite of boutiques, and what that means is that we get access to the best-in-class services for our business. Quay has an enviable track record now of almost nine years that is peer leading amongst other global real estate asset managers, and not only in Australia, around the world
