This is looking very good lately and has risen quite a bit day on day recently. Very large abnormal volume on Tuesday (yesterday). They traded 1.3M compared to a couple of hundred thousand on a good day. The resut was a nice rise in price. They are fast approaching a break out position above the next resistance level. This will then put them on historic highs. It has quite a spectacular chart.There was this recent news item a couple of days ago. They always have very large development projects on the go. I think this is going to fly now. I suspect another announcement is on the way:- 31/10/03 17:12 LONDON (AFX) - Quintain Estates & Development PLC said it has today submitted an outline planning application to the offices of Brent Council comprising detailed plans for the regeneration of 42 acres at Wembley, London. Quintain owns 56 acres of land in Wembley surrounding, but not including, the National Stadium. Designed by Richard Rogers Partnership, the planning application submitted today proposes 'a spectacular setting' for the National Stadium and the delivery of thousands of new homes and jobs, with greatly improved local facilities and new areas of open space, Quintain said.

He he will do JKD.

By Neil Hume and Bryce Elder

Published: June 9 2011 21:04 | Last updated: June 9 2011 21:04


Quintain Estates, the developer of the Wembley City development in London, rose 2.5 per cent to 60p. After the close, the activist hedge fund Laxey Partners confirmed it had raised its stake from 5.76 per cent to 10.37 per cent.



http://www.ft.com/cms/s/0/4a732f7a-92ab-11e0-bd88-00144feab49a.html#ixzz1OoYqedhc
--------------------------------------------------------------------------------

Fantastic news for QED......

10 June 2011



Quintain Estates and Development PLC

("Quintain" / Company" / "Group")



Sale of Wembley Student Accommodation to

Keystone & Partners Real Estate S.A. ("Keystone")



Quintain announces it has entered into a forward commitment with Keystone for the development of the 660-bed student accommodation at Wembley City on a plot of land adjacent to Wembley Stadium. Keystone will purchase a long leasehold interest in the land of 251 years for a total consideration of 14.5m. In a separate development agreement, Keystone will make a further payment totalling 38.5m to Quintain, following practical completion of the building, which is expected to be in the summer of 2012.



Separately, Real Partners S.A. has agreed the purchase of five self-contained three-bedroom residential units, which form part of the development, for a total consideration of 1.5m. On practical completion of the building, Keystone and Real Partners S.A. will pay Quintain modest annual index-linked ground rents.



Commenting, Adrian Wyatt, Quintain's CEO said "This is great news for Wembley City and also marks the early achievement of one of our key milestones in the current financial year. Through this agreement we have not only retained an interest in the site and the management of the asset, but also demonstrated that Wembley City offers attractive opportunities for investors, at a price which supports our underlying land value assumptions.



"Furthermore, by bringing a substantial number of people to live at the scheme it will add to the growing vibrancy around Wembley City and support our other commercial activities in the area."



Giorgio Laurenti, Chairman of Keystone Group, a Swiss based real estate development company with offices in Wollerau, London and Luxembourg added: "We are delighted to take this opportunity as a starting point for our student accommodation initiative in the UK. We strongly believe in Wembley City as an attractive and vibrant location for students due to its proximity to reputable universities, the Civic Centre and its ability to offer students new modern housing, entertainment facilities and real job opportunities."



The student accommodation forms part of Quintain's Wembley City 8m sq ft regeneration project and lies adjacent to Wembley Stadium and Quintain's Hilton Hotel development.



Quintain has agreed terms with the University of Westminster for a nominations agreement over 481 bedrooms 'clustered' into 80 six en-suite bedroom units with shared kitchen/living areas. The student accommodation is located between the University of Westminster's Harrow and Marylebone campuses. The balance of the accommodation comprises 179 one-bedroom studio apartments. Quintain will manage the student accommodation on behalf of Keystone.



As at 31 March 2011, the land and buildings under construction were valued in Quintain's accounts at 21.1m. Based on the sums due from Keystone and Real Partners totalling 54.5m, Quintain estimates that it will achieve a surplus over the March valuation of some 3.5m and a surplus of 5.2m over cost.



The agreement with Keystone is through Quintain's subsidiary company Quintain W05 (Groundlease) Limited. Real Partners SA is a related party to Keystone.


For further information, please contact:

Quintain Estates and Development PLC

BRIEF-Quintain Estates sells Wembley site to Keystone
10 Jun 2011 - 07:08

LONDON, June 10 (Reuters) - Quintain Estates And Development PLC :

* Disposal

* Commitment with Keystone Group for the development of 660-bed student accommodation at Wembley City

* Keystone will purchase long leasehold interest in land for 14.5M

* Keystone will make a further payment of 38.5M to Quintain, following practical completion of the building

((London Equities Newsroom; +44 20 7542 7717))

((For more news, please click here [QED.L]))

Qed going great guns again.

heres what Zak Mir Pro TAer said about them earlier today...


Zak Mir

Reged: 28/06/07
Posts: 1822
Re: QUINTAIN ESTATES (qed) [
#480219 - 10/06/11 08:24 AM Edit Reply Quote

A bowl, a saucer, either way a return to 100p plus can be expected on a 3 month view at QED. One of the charts of the year

Liberum note out today:
"We are pleased to read QED reporting, as flagged, the sale of one block of its student accommodation in Wembley.

We wrote in our initiations in March (Developers: opaque and out of favour, Re-appraise early!) that share price progress should result fromproving elements of the Wembley and Greenwich site valuations. Prelims (May) subsequently reminded the Market that four such transactions were imminent: the student accommodation sale (announced today), sale of the Hilton Hotel (in the same block / W05), crystallising value at the London Designer Outlet (in a JV), and reporting the final price of the second land sale to Bellway (?) at Greenwich, in the South East.

The shares have risen 34% since then, and we expect the rest of this newsflow in 2011.

In addition, well-known activist investor, Laxey Partners presence on the shareholder list, has helped highlight value in QED shares. Yesterday Laxey near-doubled their stake to 10.4% (from 5.8%). "

Excelent post Harry.

Bit of a pullback from this morning. Too far, too fast or just friday afternoon profit taking? Good volume at 2.6m.

Upward trend resumed?

Well, maybe, maybe not.

Anyone ever been to their AGM, is it worth a visit?

Tuesday November 29 =

An update on major development projects in Wembley and Greenwich will be on the agenda when property company Quintain posts half-year results. It last week confirmed it has signed up Gap and Nike as anchor tenants for its Designer Outlet development next to Wembley Stadium. However, it is also on the hunt for investors to help fund the project. Analysts believe Quintain should return to the black this year after posting a 48m pre-tax loss in the year to March 31

Looks like below the two year low.

I know why that is!

StockMarketWire.com
Quintain has delivered profit as it makes further progress against its business plan.

In its half year results for the six months ended 30 September 2011. Quintain Estates showed its financial position strengthened further with 85m of debt extended during the period; 353m out of a total target of 400m of debt now extended out to 2016.

The company also reported profit before tax 3.7m - this against a loss of 58.8m for the same period in 2010.

Adrian Wyatt, Chief Executive of Quintain, said:"The steady progress and solid results achieved during the period demonstrate that value can be unlocked through our activities even in a difficult operating environment.

"A marked improvement in market conditions is unlikely during the second half. However, with London proving more resilient than the rest of the UK, a diversified specialist asset base and an increasingly strong balance sheet, we remain confident in our ability to create value."

http://www.moneyam.com/action/news/showArticle?id=4390018

New joint venture with Hong Kong investor to develop Greenwich Peninsula



Summary
· The Board of Quintain today announces that the Company has agreed a new joint venture in respect of its interests in Greenwich Peninsula with Knight Dragon, an investment vehicle ultimately owned by Dr. Henry Cheng Kar-Shun. Dr. Cheng is Chairman of New World Development, a Hong Kong listed conglomerate with a market capitalisation of approximately £4.6 billion and which has substantial interests in property and infrastructure in Hong Kong and China. Dr. Cheng, and the wider Cheng family, control Chow Tai Fook Enterprises Limited, which has a substantial interest in New World Development. Chow Tai Fook Enterprises Limited is providing a guarantee of the obligations of Knight Dragon in relation to the Transaction.

· The Board of Quintain believes the Transaction presents an attractive opportunity as it:

- introduces a new partner to take the development of Greenwich Peninsula forward;

- secures up to £300 million of new financing in relation to viable development at Greenwich Peninsula at competitive rates;

- provides Quintain with new management income streams;

- provides substantial liquidity to the Company, anticipated to be approximately £150 million over the next six years before development profits; and

- paves the way for the transformation of Greenwich Peninsula, including the development of up to 10,000 new homes, a 3.5 million sqft commercial district, as well as new shops, hotels, schools and public facilities along 1.4 miles of Thames river frontage and space for a workforce of over 25,000.

Results in FEb and hopefully the planning consent with them,,,,,,,,should rise from here 'till then,,,,,,,all IMO

Quintain JV wins consent for 1,683 Greenwhich homes

StockMarketWire.com
Quintain Estates & Development said GPRL, a JV between it and Knight Dragon, has won planning permission for a new 1,683-home masterplan for the riverside Peninsula Quays district.

The determination was subject to a 14-day period of referral to the Mayor. Quintain said it was the third major positive planning decision secured by GPRL in a fortnight.

Nice chart.

RNS
RNS Number : 5212Z
Quintain Estates & Development PLC
07 February 2014




7 February 2014


Quintain Estates & Development PLC
("Quintain" / "Company" / "Group")


Quintain acquires Kingsbourne House, 229-232 High Holborn, WC1

Quintain Estates & Development PLC announces that it has exchanged contracts to acquire a 21 year leasehold interest in Kingsbourne House at 229-232 High Holborn and part of the adjacent 226 High Holborn for £13.7 million in cash.

Kingsbourne House is a recently refurbished office building situated in a prominent location with excellent transport links. Completion is subject to the landlord's consent, not to be unreasonably withheld, and is targeted to occur within three weeks.

The acquired property, which is above and adjacent to Holborn Underground station, is substantially let to nine tenants with a contracted rental income of £1.2 million, rising to £1.4 million on completion of an agreed letting, representing an initial yield of 10%. The property is being acquired from Dorrington Properties Plc.

Maxwell James, Chief Executive, said: "This area of Midtown is transforming rapidly, supported by significant infrastructure spend. The acquisition of this key site in Holborn delivers a strong income stream to the Group in the medium term, whilst offering exciting future asset management and development opportunities."

Quintain was advised by Michael Elliott LLP.

ENDS

Quintain issues the following update for the period from 26 November 2014 to 12 February 2015.

Highlights
· 80% of the 284 private apartments within Emerald Gardens now pre-sold
· Planning permission granted this week for next residential development of 370 apartments
· Performance of Wembley Park investment assets continues to improve
· New finance director, Simon Carter, to start on 26 May 2015

Maxwell James, Chief Executive of Quintain, said:

"80% of the 284 private apartments within Emerald Gardens have now been sold, a year ahead of completion, and pricing and volumes remain above initial expectations. This week's planning approval for the next residential development, Alto, will enable us to increase the number of homes under construction this year to 845, ensuring a pipeline of completions to the end of 2017 at a price point where a significant imbalance persists between supply and demand and buyers may also benefit from the Government's Help to Buy scheme."

Alto, now held as a trading asset, will comprise 370 apartments. It will be located between a new two-acre square and Emerald Gardens, the 475-home development which is due for occupation from next Spring.

The leisure quarter at the heart of Wembley Park continues to prove a strong draw for visitors and residential purchasers, with half a million people visiting London Designer Outlet in the four weeks leading up to Christmas.