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Real Estate team advises Quintain on £128.7 million refinancing of Wembley Park
Our Real Estate team has advised mixed-use regeneration and build-to-rent (BTR) specialist, Quintain, on the refinancing of Wembley Park in London for £128.7 million.
Quintain secured the loan from Natixis CIB, incorporating green lending provisions, which refinances an original development facility provided by Cheyne Capital for the construction of the Robinson residential development.
Providing 458 homes in total, the Robinson spans three blocks. It includes 63 homes at discount market rent and affordable homes. The units range from studios to four-bedroom apartments which were completed in 2021, with the entire development managed by Quintain Living.
The advisory team was led by Partner and Lead of Gowling WLG's BTR sector, Nick Mumby, with support from Senior Associate Zoya Khan and Trainee Arianna Lorentzos.
Nick Mumby commented: "This represents another significant investment in Wembley Park, one of London’s most recognised new communities. It was a pleasure to work with Quintain on this project once again and demonstrate our expertise in the build-to-rent sector."
Gowling WLG has a dedicated mixed-use development team with experience in advising developers on their mixed-use projects and is home to one of the UK's largest real estate practices. For further information, please visit our Real Estate sector page.
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