# Quintessential (company)

Quintessential is an Australian property development company and unlisted real estate fund manager. Founded in 2010, the company focuses on acquiring, managing, and developing commercial, industrial, and office properties within Australia. In 2022–2023, the company rebranded under its current name, Quintessential, and operates through three divisions: Quintessential Invest, Quintessential Development, and Quintessential Assets.

## History and corporate structure

Founded in 2010 by Shane Quinn and Harry Rosenberg, Quintessential initially focused on property regeneration projects. The company obtained funding for property acquisition and redevelopment in Australia through private equity and institutional partnerships.
In 2022–2023, the company restructured its operations into three divisions:
* Quintessential Invest (QI): Focuses on capital-raising activities and manages a portfolio that includes properties such as 1 Margaret Street in Sydney and 240 Queen Street in Brisbane.
* Quintessential Development (QD): Oversees property development, focusing on projects designed to meet sustainability benchmarks, including an average 5.1-star NABERS energy rating.
* Quintessential Assets (QA): Oversees the property management and tenant relations. According to the company, the division has reported a tenant retention rate of 91% across its portfolio.

## Property portfolio

Quintessential manages a portfolio of commercial and industrial properties across Australia. The portfolio includes:
* 240 Queen Street, Brisbane, QLD (SPV) - 27,623 sqm of office and retail space, acquired in June 2024 for AUD 250 million.
* 1 Margaret Street, Sydney, NSW - 20,753 sqm of office space, purchased in September 2023 for AUD 296 million.
* 100 King William Street, Adelaide, SA - A commercial property with 18,555 sqm of office space, acquired in 2021.
* Port Adelaide Distribution Centre, Gillman, SA - Large industrial site with 167,485 sqm, acquired in 2019.
Other properties include 117 Grindle Road in Queensland and 30 Pirie Street in Adelaide.

## Environmental, social, and governance

Quintessential adheres to a structured ESG framework across its operations:
* Environmental Sustainability: The company reports an average 5.1-star NABERS rating for energy efficiency, using sustainable building practices, low-emission materials, and renewable energy sources in its projects.
* Social Responsibility: Quintessential allocates 2.5% of its annual profits to charitable initiatives, including collaborations with organisations such as the Lighthouse Foundation to assist youth experiencing homelessness.
* Governance: The company's governance practices are overseen by an Investment Committee and an Advisory Board, with a focus on transparency, ethical business practices, and investor protection.

## Technology

Quintessential developed the QApp, a tenant management platform, initially deployed at 3 Richardson Place. The app allows tenants to submit maintenance requests, book amenities, and receive updates on property news and events. The company has stated plans to implement QApp across its properties.

## Recognition

Quintessential has received the following awards:
* Fund of the Year, RICS (2018, 2019).
* Excellence in Commercial Innovation, Urban Developer Awards (2023).
* Carbon Neutral Certification, Climate Active (2024).