Quintain has secured a £310m green loan from Natixis CIB to refinance its Canada Gardens and Madison build-to-rent (BTR) developments at Wembley, north-west London.
The 743 Canada Gardens homes are arranged around one acre of private gardens, while the 381 Madison homes are split across two blocks, with provision for a 30,000 sq ft health and fitness centre on the ground floor.
Quintain said the sites rank in the top 15% of residential assets in the UK for energy efficiency, so qualify for Natixis’ CIB Green Loan status.
Both developments are managed by Quintain Living, the developer’s property management arm.
This deal is the second Quintain has secured with Natixis CIB, following a £128m refinancing loan secured in December 2024 for The Robinson, also at Wembley Park.
Diego Sanfilippo, head of real estate and hospitality, UK, at Natixis Corporate & Investment Banking said: “We are pleased to have partnered with Quintain again in the green financing of Canada Gardens and Madison in Wembley Park, environmentally friendly BTR properties with strong long-term ESG fundamentals.”
Clare Morgan, executive director and head of corporate finance and treasury at Quintain, added: “We’re thrilled to have secured another significant new lending facility with our partner Natixis CIB. Canada Gardens and Madison are flagship developments at the heart of Wembley Park, next to the National Stadium.
“We are particularly proud to achieve green loan status again with Natixis CIB and be recognised for our ongoing commitment to sustainable development.”
Quintain was represented by A&O Shearman. Gowlings and BCLP acted for Natixis CIB.
In December, Quintain confirmed that former executive chairman James Riddell was taking up the role of chief executive, succeeding James Saunders, who stepped down at the end of last year.
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