Quintain and L&G ink £62m affordable housing sale

Quintain has sold two affordable housing blocks at Wembley Park to Legal & General Affordable Homes for £62m. L&G acquired 213 affordable rented flats across the Vantage and Bowery developments in Wembley. The buildings are currently under construction with 114 New York loft-style apartments at the Vantage development due for completion next month, and a further 99 flats at the Bowery schemes in Q4. Ben Denton, managing director at Legal & General Affordable Homes, said: “Despite the uncertain environment, we continue to make important steps forward in growing our development pipeline and welcoming new residents to our schemes. “As a spotlight has been shone on homelessness in the current crisis, continuing to provide homes which are affordable and well managed has never been more vital.” JLL advised Quintain. To send feedback, e-mail emma.rosser@egi.co.uk or tweet @EmmaARosser or @estatesgazette