Queensland Trustees and Investment (QTI)

Shares / Stock Code

QTI

Stock Exchange / Sharemarket

Australian Securities Exchange

Queensland Trustees and Investment (QTI) is primarily involved in the operation and management of the Whitsunday Village Resort and Magnums at Airlie Beach (backpackers' accommodation). The company is also involved in the development of the associated land and buildings comprising the resort. QTI was listed on the Australian stockmarket (ASX) on 14 January 1987. Its head office is situated on Airlie beach, Queensland.

Queensland Trustees and Investment's prime asset is its Airlie beach, Queensland resort. The resort offers a hotel, offices, retail, medical centre, childcare facilities and some residential units. QTI is also responsible for the ownership and development of the commercial component of the Whitsunday Village and the management of property.

Major competitors would be other leisure related businesses providing same services to the general public, focusing mainly on the tourism sector. Customers include a diverse range of business travellers and domestic and international tourists.

Queensland Trustees and Investment also takes strategic investment positions in underperforming listed entities where the QTI board believes that it can work together with existing boards to help bring about improvement in financial and cultural performance, ideally via board representation, for the benefit of all shareholders of the investee entities and as a consequence of QTI shareholders.

The financial services segment comprises the operations of the its listed investment portfolio and fixed income brokerage services, which includes the RIMsec Unit Trust, Rim Securities Limited and Best Deposits Pty Ltd. The segment also includes its investment in the Whitsunday Village Retail Property Trust No.1 (42.92%).

Queensland Trustees and Investment (QTI) Products and Services

  • Operation and management of the Whitsunday Village Resort and its associated property development and property syndication and management.

Queensland Trustees and Investment (QTI) Locations and Subsidiaries

Queensland Trustees and Investment Head Office
Administration, 366 Shute Harbour Road,
AIRLIE BEACH, QLD, AUSTRALIA, 4802
Phone: (07) 3020 3020
Fax: (07) 3020 3080

Queensland Trustees and Investment (QTI) Share Price

Submitted by ASX Listed Company on 22 May, 2010 - 16:57

Download our FREE App


Signup for Free
Don't miss out on your free share trading articles.


Free Risk Money Management Calculator for those who sign up!