Lone Star look at Quintain sale

The venture capital fund which owns Wembley Park developer Qintain is exploring a sale, it is reported.

The FT reports that Lone Star is evaluating a sale that could raise more than £3bn in order to reduce its exposure to Britain’s property market ahead of the UK’s departure from the EU.

Lone Star bought Quintain for about £1bn in 2015.

 

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