PROPERTY developer Quintain has said its adjusted pre-tax profit lifted 48 per cent to £6.2 million in the year to the end of March.
According to the company its Wembley Park project has "come of age". The firm has invested over a decade in the 85-acre site that is set to accommodate shops, offices and around 5,000 homes. Quintain added it has sold its 50 per cent interest in the 361-bedroom, four-star Hilton hotel at Wembley Park to its joint venture partner Oaktree Capital Management for £40m.
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