Quintessential Equity appoints transactions GM

Private equity property business Quintessential Equity has appointed Andrew Nicol, formerly a senior investment manager at ARA Asset Management, as its general manager of transactions. In his new role, Nicol will oversee the organisation's existing asset transactions across office and industrial properties.

Nicol brings 18 years of experience in property investing in Australian and Europe, most recently with ARA Asset Management where he led the purchase of the Southgate complex in Melbourne from Dexus for $578 million.

He's also held roles with Arena Investment Management (Morgan Stanley) and Knight Frank in Australia and London.

Nicol says he's excited to be part of Quintessential's vision for steady, long-term value. "A large part of my role will be to source and acquire properties that align with the group's strict purchasing criteria, targeting value add and core plus office and industrial assets across Austrlaia. It will allow me to focus on what I'm passionate about, which is transactions."

Quintessential CEO Russell Bullen welcomed Nicol to the team. "As we look to find excellent opportunities to ad to our existing asset portfolio, his appointment reinforces our commitment to securing the best buying opportunities on the market.

"His combination of technical expertise, commercial acumen, and deep understanding of the market is extremely valuable. Andrew has an excellent track record in managing risk and will ensure we continue to deliver strong and stable returns for our investors."