Since we first executed a land-swap in 1999 that secured 18 acres next the Millennium Dome – now The O2 – at Greenwich Peninsula, Quintain has been involved with creating exceptional neighbourhoods in London.
From creating the initial vision that can deliver the transformation of a location into a vibrant community, through land assembly, navigation of the planning process and development, right through to leasing, sales and management of the new neighbourhood, Quintain has the experience and knowledge to create places that work.
We create value by first establishing the infrastructure required to support a new neighbourhood, such as transport upgrades, before creating a unique identity for the location alongside strong reasons for people to want to visit and live there. This sense of place is essential to support the development of homes where people will actively want to live.
The London Marketplace
There is a fundamental misalignment between supply and demand for homes in London.
The most pronounced undersupply is in the mid-market, where sales values typically range from £450-700 per square foot. It is estimated that around 150,000 households with this requirement are currently in private rented accommodation in London and this figure is anticipated to increase in line with London’s population growth.
Despite the strength of demand, supply remains constrained. Funding for speculative development is limited, most immature schemes of any size require significant investment in transport infrastructure before being able to deliver homes, the local planning system can be difficult to navigate for complex projects and the simple lack of undeveloped space in London restricts the number of schemes that can viably deliver a substantial quantity of homes.
The result is that the pipeline to meet the demand for mid-market homes in London is fed by a small number of schemes at various stages of delivery.