Quintain considering cash call

Property group Quintain Estates has confirmed it is considering a fundraising after reports that it was looking to raise £180 million.

The firm, which is behind the redevelopment of parts of London’s Greenwich peninsula as well as iQ student accommodation, said no decision had yet been made over the potential move.

Quintain, which recently sold its stake in the O2 Arena, made the announcement following weekend reports that it had won shareholder support for a rights issue and would announce the move this week …

 

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