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240 Queen Street

Projects

240 Queen Street

Location

Brisbane, QLD

Size

27,632 sqm

PURCHASE Date

June 2024

Sold

Completed

TR

%

Now Leasing

This A-Grade office tower is strategically positioned in the heart of Brisbane’s CBD, at the start of the Queen Street Mall.

Surrounded by premier luxury retail outlets and food and beverage, it offers unparalleled connectivity on the doorstep of public transport.

The 27-level property features premium end-of-trip facilities, convenient amenities, and a total area of 27,632 sqm, including 24,922 sqm of office space and 2,710 sqm of retail space.

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Strategy

Having raised $137 M in private equityallows Quintessential to undertake key improvements.

Over the next four years, 240 Queen Streetwill undergo a multi-staged repositioning that includes:

• Investing an additional $31 million inregeneration and sustainability upgrades, including a major upgrade of theentrance and lobby area.

• Enhancing the building’salready-established sustainability attributes, targeting leading-edge ESGcompliance.

• Fostering and relationships by providingmarket-leading experiences and activations to retain and attract tenants.

Outcome