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UK: Quintain Living is celebrating 10 years of operations with an ambitious target to more than double its properties under management.
Since Quintain launched the platform in 2016 with seven staff, Quintain Living has expanded into a 100-strong team, led by COO Danielle Bayless. It operates more than 3,500 homes at Wembley Park in north-west London.
Quintain Living is now expanding into third-party management, offering its services to institutional landlords, and plans to double the size of the platform in the medium-term.
It currently has a monthly rent roll in excess of £7.5 million and says it has delivered significant NOI growth through strong resident retention and investment in placemaking across Wembley Park.
Opening its platform to third parties will enable institutional landlords, developers and investors to benefit from Quintain Living’s advanced technology, systems and specialist operational expertise. The company believes this evolution has the potential to scale the platform to over double the size in the medium term.
The growth of Quintain Living is rooted in the long-term strategy of its parent company. Quintain acquired its interest in the 85-acre Wembley Park neighbourhood in 2002. It shifted from traditional residential delivery to BTR in 2016.
Quintain Living has invested more than £3 million in bespoke tech systems “that support the entire resident leasing journey, from digital touring and online leasing to the Resident App used for rental payments, maintenance requests and community interactions”.
Quintain chief executive James Riddell said: “Quintain Living was created to redefine what high-quality, professionally managed rental living can look like in the UK. After 10 years of operations, our platform is stronger, more mature and more capable than ever. With our scale, expertise and long-term vision, we are exceptionally well placed for the next stage of growth.”
Highlights:
• UK: Quintain Living is celebrating 10 years of operations with an ambitious target to more than double its properties under management
• The company operates more than 3,500 homes at Wembley Park in north-west London
• Opening its platform to third parties will enable institutional landlords, developers and investors to benefit from Quintain Living’s advanced technology, systems and specialist operational expertise
