Wembley progress

Quintain has said that Emerald Gardens, a residential development in Wembley Park, is 80% pre-sold.

In it’s third quarter trading update, Quintain said 80% of the 284 private apartments within Emerald Gardens now pre-sold, and noted that planning permission was granted recently for the next residential development of 370 apartments.

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.”

Quintain also reported half a million people visiting London Designer Outlet in the four weeks leading up to Christmas.

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