Quintain is a British-based property investment and development business, which operates through Urban Regeneration, Mixed Use and Build to Rent in Wembley Park, with headquarters in London. Wembley Park now has over 5,000 homes and 3,650 are managed by Quintain Living for build to rent.

History

The business was founded by Adrian Wyatt and Christopher Walls in 1992, and first listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

in 1996. It acquired Fiscal Properties plc and Croydon Land & Estates Limited in 1997, English & Overseas Properties plc and Chesterfield Properties Limited in 1999, and Wembley (London) Limited, owners of the land around the

stadium A stadium (: stadiums or stadia) is a place or venue for (mostly) outdoor sports, concerts, or other events and consists of a field or stage completely or partially surrounded by a tiered structure designed to allow spectators to stand or sit ...

Wembley Wembley () is a large suburbIn British English, "suburb" often refers to the secondary urban centres of a city. Wembley is not a suburb in the American sense, i.e. a single-family residential area outside of the city itself. in the London Borou ...

, north London, in 2002. At one stage, property investor Paul Kemsley invested heavily in the company. He then sold his shares to

HBOS HBOS plc is a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland, Bank of Scotland plc, which ...

, which tried unsuccessfully to take over the company. In February 2012 the company acquired Grafton Advisers, a property management business focused on West End commercial assets, which took the level of assets under management to £2.3bn.
Adrian Wyatt
handed over to Maxwell James as CEO in May 2012. At Wembley Park 500 homes were built and occupied, and Wembley Arena was renovated and re-opened. A 661-bedroom student scheme and 381-bedroom Hilton Hotel were built. The London Designer Outlet (LDO) opened in autumn 2013. In July 2015, Quintain accepted a £700 million offer from

Lone Star Funds Lone Star Funds, legal name of main entity Lone Star Global Acquisitions, Ltd. is a global private equity firm that invests in corporate equity, real estate, credit, and other financial assets. The founder of Lone Star established its first fu ...

. However, the deal had only been approved by 71.7% of the shareholders - short of the 75% required for the deal to go through. Activist hedge fund, Elliot Associates LP, took control of 12.9% of voting rights for Quintain. As a result of the pressure put on by the activist hedge fund, Lone Star Funds increased the buyout offer to £745 million. This represents a bid that is 10 pence higher than the previous. One of the intriguing parts of the buyout lies in Quintain's preapproval to build 5,000 houses surrounding Wembley Stadium - home to England's soccer team. Quintain has approval to build 8,500 new homes near England's national football stadium at Wembley and Lone Star plans to accelerate the construction at the project after its bid is accepted. In 2016, Quintain launched Tipi to manage all 6,000 of the Build to Rent apartments for rent at Wembley Park. In 2020 Tipi was re-branded t
Quintain Living
In 2019 James Saunders became

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

.
‘’Construction News’’ Quintain announces new CEO, 21 Oct 2019 In 2023, Quintain launched their tenth Build to Rent development at Wembley Park calle
Repton Gardens
this took the number of homes built by the company to over 5,000.

References

External links

Official website

Quintain Living

Wembley Park
{{DEFAULTSORT:Quintain Estates And Development Real estate companies established in 1992 Property companies based in London Wembley