Quintain’s owner, Lone Star, has decided not to sell the company to a Delancey led consortium.
The Wembley Park developer had been for sale and Lone Star had been in talks with Delancey and partners Oxford Properties, APG and Qatari Diar.
Reports suggest that Lone Star have decided to retain and possibly refinance Quintain as it continues to deliver the huge, PRS-led Wembley Park scheme.