Qualitas appoints Director, Real Estate

Real estate investment management firm Qualitas has announced the launch of its $500m construction finance fund and the appointment of Gil Norwood as director of real estate, effective April 2017.

Norwood joins Qualitas following nine years at ANZ where he was most recently director of institutional property for Victoria. Prior to that, he spent seven years at CBA.

He, and fellow new recruit, Mark Power, will report to managing director of real estate finance, Tim Johansen, who is responsible for both the new fund and the expansion of the team.

Commenting on the appointments, Johansen said: "We are pleased to have two senior bankers join our team and use their skills, experience and networks to help drive the success of the construction finance fund. The new fund will allow us to expand the positive relationships we've built with developers to date."