Quintain, the developer behind Wembley Park, has successfully completed the refinancing of two build-to-rent (BtR) schemes at Wembley Park with a £310 million Natixis CIB green loan.
The loan covers Canada Gardens and Madison, two developments totaling 1,124 homes. Due to the high level of energy efficiency (as expressed in kWhPED/m²) the sites rank within the top 15% of residential assets in the UK. As a result, the facility qualifies for Natixis CIB Green Loan status.
Achieving this status demonstrates the strength of Quintain’s sustainability strategy and demonstrates that its environmental commitments are both financially viable and creating value for lenders. Quintain reports to GRESB (Global Real Estate Sustainability Benchmark) each year and has enjoyed year on year improvement in results for development and standing assets.
This transaction is a significant milestone for Quintain and marks the full refinance of its previous corporate facility. Quintain continues to achieve significant de-levering across its estate-wide financings, serving to ensure its capital structure fully supports future growth opportunities available to the business. This is the second facility Quintain has with Natixis CIB, further to a £128 million refinancing loan secured in December 2024 for The Robinson, at Wembley Park.
Canada Gardens is Quintain’s seventh BtR development and comprises 743 homes arranged around an acre of private gardens. Madison is Quintain’s eighth BtR development and comprises 381 homes across two blocks with provision for a 30,000 square foot health and fitness centre on the ground floor.
The developments are managed by Quintain’s award-winning management team, Quintain Living, and are located in the Eastern Lands at Wembley Park, a prominent position next to the National Stadium and adjacent to the new seven-acre public park.
Since breaking ground on Wembley Park 20 years ago, Quintain has completed 6,000 homes and is working towards creating the largest BtR neighbourhood in the UK, investing £2.9bn to date. 2025 saw the delivery of two further BtR schemes, plus a major new public park which Quintain opened to the public last year.
Quintain was represented by A&O Shearman and Gowlings and BCLP acted for Natixis CIB.
Clare Morgan, Executive Director & Head of Corporate Finance and Treasury at Quintain Ltd, commented:
“We’re thrilled to have secured another significant new lending facility with our partners, Natixis CIB. Canada Gardens and Madison are flagship developments at the heart of Wembley Park, located next to the National Stadium. Quintain has transformed Wembley Park over the last two decades into one of the most exciting new neighbourhoods for London and was recognised in The Sunday Times’ Best Places to Live 2025. We are particularly proud to achieve green loan status again with Natixis CIB and be recognised for our ongoing commitment to sustainable development.”
Diego Sanfilippo, Head of Real Estate & Hospitality UK, at Natixis Corporate & Investment Banking, added:
“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.
This deal showcases once more our proven expertise in delivering tailored solutions for high-quality assets in prime locations to our clients and Natixis CIB’s firm commitment to consolidate its Real Estate lending franchise in UK.”
John Coburn, partner at A&O Shearman, commented:
“The team at A&O Shearman are delighted to advise Quintain on their latest financing in Wembley Park. We have been fortunate to have worked with Quintain on a variety of successful projects such as this. We take immense pride in acting for clients who are known to be best in their class, and we look forward to continuing to collaborate with and support Quintain on their future endeavours.”
Naveen Vijh., partner at BCLP, commented:
“BCLP are proud to have advised Natixis CIB on another important green financing to Quintain for one of the most exciting projects in London. We are proud to have advised Natixis CIB on this project which is another milestone in their continued growth in the UK Real Estate Finance market.”
