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Green Square North Tower BuildingGreen Square North Tower Building

Green Square North Tower

An opportunity to invest with us in Australia's best performing office market, underpinned by government tenants and major surrounding Olympic investment. This is a unique opportunity to take advantage of weak institutional buyer demand to acquire an under rented institutional-grade property at attractive pricing with near immediate opportunity for substantial income and valuation growth.

15% - 19%

TARGET NET IRR

6% - 6.5% p.a.

ANNUAL DISTRIBUTIONS

79%

Leased to government tenants

$174.85 M

PURCHASE PRICE SHOWING 8.50% FULLY LEASED INITIAL YIELD

53%

BELOW REPLACEMENT COST ($370M)

12% - 21%

RENT BELOW MARKET

$89b

OLYMPICS & INFRASTRUCTURE SPEND

#1

Brisbane ranked NO. 1 worldwide for net effective rent growth in 2024 (CBRE)

WHY INVEST?

Brisbane - A Global Outperformer

Brisbane is one of the world's best performing markets. With global leading economic growth, population growth and significant government infrastructure investment, Brisbane is projected to outperform for the next decade.

$89b Infrastructure Pipeline

$89b state government infrastructure investment over the next 10 years, plus $7.1b in specific Olympic Games infrastructure spend  (Queensland Government, 2025)

Market Leading Rental Growth

#1 for Net Effective Rental Growth across all cities globally (CBRE Research).

Strong Economic Activity

The Brisbane economy is forecast to grow by 68% to $275b by 2041 (CBRE Research)

Population Growth

Brisbane’s population has increased by 21% since 2013, the fastest growth rate of any Australian capital (BEDA and Deloitte, Brisbane 2032: A Leading Global City Report, February 2024)

Growing Labour Market

The fastest growing working age population among Australia's major centres, with 7.7% growth against an average of 4% across major cities (Brisbane Economic Development Agency and Deloitte Access Economics, 2024).

Workers Returning to Office

Brisbane has experienced the biggest improvement in the past 12 months, with average weekly attendance rates rising from 78% to 88%, partly due to the introduction of 50 cent public transport fares (CBRE Research).

NET EFFECTIVE RENT GROWTH IN 2024, PRIME ASSETS, MULTIPLE SECTORS, GLOBAL MARKETS

This is a once-in-a-cycle opportunity to acquire an institutional-grade
property in a market where traditional players remain inactive.

WHY INVEST?

Asset Strategy

Grow Income

  • Lease up the remaining 30% vacancy using our best-in-class leasing platform.
  • Curate the vacant space via refurbishment and creation of fit-outs providing convenience and speed for tenants to capture demand from occupiers.
  • Installation of digital signboard on the corner of Mary & Edward Street
  • Optimise Capital Expenditure

    The asset has recently undergone a comprehensive refurbishment and is in excellent condition, requiring minimal further capital expenditure.
    This significantly reduces investor exposure to development and construction cost risks.

    Enhance Engagement

    Buying below replacement cost (53%) in Olympic precint slated for substantial future infrastructure and Games investment.

    Deliver Efficiencies

    Buying below replacement cost (53%) in Olympic precint slated for substantial future infrastructure and Games investment.

    Unique investment offering providing the potential for what we believe are exceptional risk-adjusted returns

    Purpose-built with specialised fitout for the Crime and Corruption Commission, providing a strong tenant retention opportunity.

    Lease expiry profile aligned with limited competition in market providing the opportunity for strong rental growth.High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    Property fully leased with what we consider to be limited alternatives for tenants in the leasing market

    Purpose-built with specialised fitout for the Crime and Corruption Commission, providing a strong tenant retention opportunity.

    Lease expiry profile aligned with limited competition in market providing the opportunity for strong rental growth.High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    Once-in-a-cycle opportunity to acquire an A-Grade asset well below replacement cost

    Purpose-built with specialised fitout for the Crime and Corruption Commission, providing a strong tenant retention opportunity.

    Lease expiry profile aligned with limited competition in market providing the opportunity for strong rental growth.High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    Good reasons to believe the Brisbane office market will continue to outperform

    Purpose-built with specialised fitout for the Crime and Corruption Commission, providing a strong tenant retention opportunity.

    Lease expiry profile aligned with limited competition in market providing the opportunity for strong rental growth.High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    Asset Strategy

    Grow Income

  • Lease up the remaining 30% vacancy using our best-in-class leasing platform.
  • Curate the vacant space via refurbishment and creation of fit-outs providing convenience and speed for tenants to capture demand from occupiers.
  • Installation of digital signboard on the corner of Mary & Edward Street
  • Optimise Capital Expenditure

    The asset has recently undergone a comprehensive refurbishment and is in excellent condition, requiring minimal further capital expenditure.
    This significantly reduces investor exposure to development and construction cost risks.

    Enhance Engagement

    Buying below replacement cost (53%) in Olympic precint slated for substantial future infrastructure and Games investment.

    Deliver Efficiencies

    Buying below replacement cost (53%) in Olympic precint slated for substantial future infrastructure and Games investment.

    Unique investment offering providing the potential for what we believe are exceptional risk-adjusted returns

    Purpose-built with specialised fitout for the Crime and Corruption Commission, providing a strong tenant retention opportunity.

    Lease expiry profile aligned with limited competition in market providing the opportunity for strong rental growth.High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    Property fully leased with what we consider to be limited alternatives for tenants in the leasing market

    Purpose-built with specialised fitout for the Crime and Corruption Commission, providing a strong tenant retention opportunity.

    Lease expiry profile aligned with limited competition in market providing the opportunity for strong rental growth.High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    Once-in-a-cycle opportunity to acquire an A-Grade asset well below replacement cost

    Purpose-built with specialised fitout for the Crime and Corruption Commission, providing a strong tenant retention opportunity.

    Lease expiry profile aligned with limited competition in market providing the opportunity for strong rental growth.High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    Good reasons to believe the Brisbane office market will continue to outperform

    Purpose-built with specialised fitout for the Crime and Corruption Commission, providing a strong tenant retention opportunity.

    Lease expiry profile aligned with limited competition in market providing the opportunity for strong rental growth.High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    High-quality improvements to appeal to long-term occupiers and blue-chip covenants.

    About Quintessential

    Everything we do is driven by our commitment to provide an exceptional experience to our investors - leading to exceptional outcomes.

    Our investment approach is dynamic yet simple. We exercise discipline and patience to only acquire properties which meet all of our strict-purchasing criteria. Upon acquisition, we leverage our in-house expertise in engineering, construction and property management to not only extract value for our investors, but more importantly, mitigate risk. Capital preservation is absolutely fundamental to our approach.

    Everything we do is driven by our commitment to provide an exceptional experience to our investors - leading to exceptional outcomes.

    OUR TRACK RECORD

    22.9% IRR

    Weighted average Net Internal Rate of
    Return for all sold properties as at 1 July 2025.

    105.5% TR

    Weighted average Net Total Return for
    all sold properties as at 1 July 2025.

    91% TRR*

    Tenant Retention Rate as at
    1 July 2025.

    Past performance of our investments should not be taken as an indicator of future performance.
    All investments carry risk, and you should seek advice whether any particular investments is right for you.

    For more information please contact our Invest team

    Justin Mills

    Justin Mills

    Chief Executive Officer

    +61 438 925 736

    justin.mills@quintessential.com.au

    Justin Mills

    Justin Mills

    Chief Executive Officer

    +61 438 925 736

    justin.mills@quintessential.com.au

    Justin brings over 25 years of leadership experience in property and retail to Quintessential, focusing on driving growth and innovation. His extensive background includes pivotal roles such as Head of Retail Asset Management at Holdfast/Parkstone Funds Management, where he led key acquisitions and strategy developments, and Chief Innovation Officer at Vicinity Centres, where he spearheaded Australia’s largest retail solar program, creating new revenue streams and significantly enhancing commercial value.

    Previously, Justin managed major assets for the Gandel Group, including the renowned Chadstone Shopping Centre. His commitment to customer-centric strategies and operational excellence significantly contributes to building high-performing teams and superior asset management at Quintessential.

    Justin’s strategic vision and expertise in navigating complex industry challenges ensure that Quintessential delivers exceptional value to investors and creates vibrant, sustainable environments that attract and retain tenants, enhancing their experiences and satisfaction.

    Noah Warren

    Noah Warren

    Chief Operating Officer

    +61 411 754 471

    noah@quintessential.com.au

    Noah Warren

    Noah Warren

    Chief Operating Officer

    +61 411 754 471

    noah@quintessential.com.au

    As Chief Operating Officer at Quintessential, Noah brings a passion for people and asset management developed over 12 years with the company. His leadership is pivotal in cultivating strong relationships with stakeholders and enhancing tenant satisfaction through exceptional service and strategic asset management.

    Noah directs the transactions team to identify and secure value-add and core-plus opportunities in office and industrial spaces that align with Quintessential's goals. His hands-on approach ensures that his team not only meets but exceeds tenant expectations, fostering an environment where tenants can thrive. Under his guidance, the asset management team implements effective tenant engagement strategies, robust leasing and marketing plans, and comprehensive CAPEX programs, all while managing properties efficiently to deliver risk-mitigated returns.

    Committed to sustainability and thoughtful design, Noah’s efforts have significantly contributed to maintaining exceptionally high tenant retention rates, underscoring his role in driving Quintessential’s success and making it a preferred choice for both investors and tenants.

    Stephen Tilston

    Stephen Tilston

    Head of Private Clients

    +61 477 008 950

    stephen.tilston@quintessential.com.au

    Stephen Tilston

    Stephen Tilston

    Head of Private Clients

    +61 477 008 950

    stephen.tilston@quintessential.com.au

    As Head of Private Clients and Strategic Partnerships at Quintessential, Stephen leverages his 25 years of experience in financial services - spanning Australia and the UK - to strengthen existing investor relationships and expand Quintessential’s brand throughout Australia. Stephen’s deep knowledge in funds management and expertise in capital raising is strengthened by his deep relationships with Family Offices, Wholesale Advice Firms, and High-Net-Worth Individuals. Stephen’s outstanding track record will play a crucial role in driving investment growth and ensuring high-value opportunities for Quintessential’s stakeholders.

    Stephen has held senior positions most recently at Moelis Australia, Hyperion Asset Management and Perpetual Limited.

    Lisa Pye

    Lisa Pye

    Investor Relations Manager

    +61 407 622 407

    lisa@quintessential.com.au

    Lisa Pye

    Lisa Pye

    Investor Relations Manager

    +61 407 622 407

    lisa@quintessential.com.au

    Lisa is a seasoned Investor Relations professional with over 20 years of experience spanning property investment, investment banking, and corporate communications. In her role as Investor Relations Manager at Quintessential, she is responsible for driving capital raising initiatives, strengthening investor engagement, and delivering strategic communications. Her career includes roles at top-tier firms such as Goldman Sachs and Macquarie Group across London, Melbourne, and Perth, where she was closely involved in institutional client engagement and corporate access. With a reputation for precision, strategic thinking, and relationship management, Lisa brings a sophisticated understanding of both the financial services and property sectors, underpinned by a commitment to delivering exceptional stakeholder outcomes.

    Jack Lehrer

    Jack Lehrer

    Investor Relations Manager

    +61 434 022 684

    jack.lehrer@quintessential.com.au

    Jack Lehrer

    Jack Lehrer

    Investor Relations Manager

    +61 434 022 684

    jack.lehrer@quintessential.com.au

    Jack Lehrer plays a key role in connecting the Quintessential Invest strategy with capital partners.

    Having developed a strong foundation in the Australian property market and further enriched his understanding through studies in the US and professional experience in Malaysia, Jack blends strategic thinking with a deep appreciation for people and place.

    Known for his relationship-driven approach, Jack helps foster trust and alignment between investors and the business. His ability to evaluate assets throughtenant experience and long-term value ensures that every opportunity supports commercial performance and community outcomes.

    With a detail-oriented mindset and a passion for connecting people to purpose, Jack continues to build trust and long-term partnerships within Quintessential's growing investor community.

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