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Ares Management and Lone Star to Partner on £755 million Preferred Equity Investment to Wembley’s Quintain
Jul 30, 2024•almost 2 years ago
Contract Type
partnership
LondonEnergyOil And GasFinancial ServicesReal EstateFinanceVenture CapitalRenewable EnergyLending
Description
Ares Management and Lone Star Funds have announced a partnership to lead a £755 million preferred equity commitment in Quintain, the owner of the iconic 85-acre Wembley Park estate in London. The partnership aims to provide significant new capital for Quintain to continue its journey and cement its position as a leader in London’s residential rental market.
Company Information
Company
Ares Real Estate funds and EQ Group
Location
London, England, United Kingdom
About
Ares Real Estate is part of Ares Management, focusing on property investments. EQ Group specializes in investment and real estate management. Both firms contributed to the management of the acquired hotel assets. They previously operated the properties under the ibis and Novotel brand.
Predictive Intelligence
Strategic
ML-powered predictions for Ares Real Estate funds and EQ Group's next move