Quintain (company)

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Quintain plc
Type Public
Traded as LSEQED
Industry Property
Founded 1992
Headquarters London, UK
Key people William Rucker, Chairman
Maxwell James, CEO
Revenue £20.2 million gross rental income at 31 March 2011
Operating income £20.2 million (2011)
Net income £20.2 million (2011)
Employees Circa 130
Website www.quintain.co.uk

Quintain plc is a British-based property investment and development business, which operates through Urban Regeneration, focussed on schemes in Wembley City and Greenwich Peninsula, and Asset Management, a constituent of the FTSE SmallCap Index with headquarters in London.

History[edit]

The business was founded by Adrian Wyatt and Christopher Walls in 1992,[1] and first listed on the London Stock Exchange 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 in Wembley, north London, in 2002.[2] Later in 2002 it entered into a contract with the Government to develop Greenwich Peninsula.[citation needed]

At one stage, property investor Paul Kemsley invested heavily in the company. He then sold his shares to HBOS, which tried unsuccessfully to take over the company.[3]

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.[4]

At Wembley 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.

Asset Management[edit]

Quintain Asset Management comprises four sections:

  • Quercus, focused on long term healthcare predominantly for the elderly
  • Quantum, the science park fund
  • iQ, owning and managing purpose built student accommodation schemes
  • Grafton, operating predominantly in West End of London commercial property

See also[edit]

References[edit]

External links[edit]