UK: Quintain has refinanced The Robinson, a BTR building at Wembley Park, north-west London, with a £128.7 million green loan from Natixis CIB.
Quintain says the refinancing reduces the existing debt facility and underscores its commitment to sustainable urban development. The original construction was financed by Cheyne Capital, which remains an active partner in other projects at Wembley Park.
The Robinson comprises 458 rental homes, including 63 discounted market rent and affordable units, catering to diverse needs with studios to four-bedroom apartments.
Since initiating the Wembley Park project 20 years ago, Quintain has delivered more than 5,000 homes, creating the UK’s largest BTR neighbourhood. With an investment of £2.9 billion to date, the company is set to deliver two additional BTR schemes and a major public park by 2025.
Philip Slavin, chief financial officer at Quintain, said: “We’re proud to have secured this new lending facility with Natixis CIB. The Robinson exemplifies the excellence of Wembley Park’s BTR developments and demonstrates the desirability of both the sector and the neighbourhood. Achieving green loan status further validates our commitment to sustainability while ensuring a robust financial platform for future projects.”
Diego Sanfilippo, head of real estate & hospitality UK at Natixis CIB, added: “We are delighted to support Quintain with green financing for The Robinson. This environmentally sustainable development aligns with our mission to back high-quality, ESG-driven projects in prime locations, strengthening our real estate lending franchise in the UK.”
