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How to upgrade the office, essentially

A Melbourne-based funds manager is putting a long-term twist on the tried and true capital growth generation strategy of renovating for profit.

Quintessential Equity's management team
Quintessential Equity executives Harry Rosenberg (left), Shane Quinn and Russell Bullen. Photo: Quintessential Equity (Image source: Shutterstock.com)

A Melbourne-based funds manager is putting a long-term twist on the tried and true capital growth generation strategy of renovating for profit.

Buying an older house, renovating it and selling for a profit has been a well-known and popular wealth generation tactic in residential property for decades. 

In commercial property, the practice is less common, but diversified funds management group Quintessential Equity is finding that principles simi…

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