Seven investors have tabled offers in the first round of bidding for £3bn build-to-rent specialist Quintain, Property Week understands.
The bids made to Quintain’s owner Lone Star are thought to include offers to buy the whole business, to become an investment partner and to acquire just its 5,000-home Wembley Park development.
It is believed Oxford Properties, in a joint venture with APG, is one of the seven parties that will go through to a second round of bids in July.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.