Quintessential Equity is an Australian property developer and unlistedQuintessential Equity pays $32m for 360 Capital's Canberra building. Financial Review. 4 March 2015. property fund manager.Quintessential's opportunity fund ready to roll. The Sydney Morning Herald. 14 March 2018. Through syndicates, it offers investment in specific properties, suitable for high-net-worth individuals.
It was founded by Shane Quinn and Harry Rosenberg in 2010 and is based in Melbourne.
Its office tower purchasing strategy is to buy at market lows in localities that have potential for superior performance.Quintessential's $250m Brisbane office deal confirms valuation slump. Financial Review. 2 July 2024. For example 240 Queen Street in Brisbane was purchased in 2024 for A$250million after negotiations with owner Brookfield who had initially valued the property at up to $300million.
In January 2015 it sold an office building in Parramatta after a 40% sell-off commitment in 2014 to bolster investor returns.
It bought the Department of Foreign Affairs and Trade-tenanted 44 Sydney Avenue in Canberra in 2015 for $32million and sold it for $58.6million in 2017.
References
External links Official website