Quadrise Share Discussion Threads

[jaws6] 28/10/2013 09:29

QP
If post 6282 right then on broker then 140 target by broker.Trying to find that Barc note.

[quepassa] 28/10/2013 08:43

Influential article in Tempus, The Times newspaper not to be ignored.

ALL IMO. DYOR.

QP

[scburbs] 28/10/2013 08:39

Thanks Valedo, Good to see LDO reached over 80% prior to opening. The value of this asset should grow strongly over the next few years as the next phase of housing gets built and visitor numbers drive turnover rent growth.

[valedo] 26/10/2013 09:47

Quintain Estates and Development has long advocated the regeneration potential of parts of London that have seen better days. It has been telling the market for years that Wembley is the next big thing.

After a rights issue, some judicious reduction of its debt pile and sales of non-core assets, Quintain's vision for Wembley finally seems to be coming to fruition. On the opening of the London Designer Outlet (LDO) village on Thursday, more than 20,000 people queued to have the first look at the 280,000 sq ft mall, which has 70 shops, let to tenants such as Marks & Spencer, Superdry, 15 restaurants and a nine-screen Cineworld cinema.

The £100 million outlet mall is key to Quintain's wider 8.5 million201;sq ft Wembley Park scheme, next to Wembley Arena and the national stadium. The property developer believes that, with 10.4 million people living within a 60-minute drive of the centre, there will be no shortage of demand to shop and live here.

Max James, the chief executive of Quintain, said that the mall had opened more than 80 per cent let, and rents have moved up from £30 a sq ft to about £45. There is also a Hilton hotel and a civic centre, and construction on 470 homes starts next year.

Barclays analysts believe that the progress Quintain is making points to a 50 per cent potential share price upside, with Wembley alone delivering 114p of value. The shares were up 1½p at 95½p.

With Quintain on track to reduce its net debt below £400 million by the end of next March, and making headway on its other large scheme in Greenwich, this looks like one for the shopping bag.
from Todays Times

[cockneyrebel] 25/10/2013 15:41

Lovely chart badtime:

[badtime] 25/10/2013 14:01

Will so break 100p pre results

[kibes] 25/10/2013 12:40

Also visited the LDO yesterday and was impressed. Wembley seems to be the multicultural capital of Britain, there were people of clearly Middle Eastern, African and Asian extraction but no white British as far as I could see except for what looked like a gathering of Quintain managers enjoying a beer at one of the bars! This place must be an absolute magnet for immigrants coming to the UK ably supported no doubt by the Brent Civic Centre a very impressive new building on the site. The Hilton hotel is good and well placed for the Stadium. Plenty of new flats already on the go, for those who like this kind of modern city environment they look attractive enough. And just down the road an IKEA store all ready for people who will be setting up home. Plenty of further mileage on this site as they continue to develop it.

[jaws6] 24/10/2013 16:35

QP
Thanks.I have seen that Civic Centre on agm day tour .

[quepassa] 24/10/2013 16:26

Jammed with people.
Big queues in many shops offering opening discounts. Parking very easy.
Just follow the brown signs for Wembley Stadium from the North Circ, You can't miss it.
Looks great against the back-drop of Wembley Stadium.
Don't miss the opportunity to visit Brent Civic Centre next door as well.
This venue will be a people-magnet. And those who remember the bleak industrial waste-lands of by-gone years in Wembley will be in for a shock and amazed at Quintain's regeneration of the area.

ALL IMO. DYOR.
QP

[jaws6] 24/10/2013 16:15

qp
Was it many people there ? parking ok , or better by train?
one thing I notice is QED only valued at 491.5 million at 94.25 p so may be more to come in next month result, like DSC move on their result.

[quepassa] 24/10/2013 16:10

Visited in early afternoon.

Who can fail to be anything other than highly impressed?

Would expect institutional interest in Quintain stock to follow in due course now that Quintain have delivered in style on this cornerstone of their Wembley Park regeneration project.

ALL IMO. DYOR.
QP

[jaws6] 24/10/2013 15:56

some pictures today
hxxp://www.retail-week.com/londons-first-designer-outlet-opens-in-wembley/5054250.article

[jaws6] 24/10/2013 11:08

hxxp://www.kilburntimes.co.uk/news/london_designer_outlet_in_wembley_opens_today_1_2920761

[quepassa] 23/10/2013 16:10

Sorry but not wanting to correct any posts but the above link for Wembley-park-retail is nothing whatsoever to do with the brand new London Designer Outlet, opening tomorrow. The sooner Quintain close down this other defunct nearby shopping site and build some flats over it, the better!

This is a link to the official LDO website and the new complex opening tomorrow:-



ALL IMO. DYOR.

QP

[cockneyrebel] 23/10/2013 14:31

Opens tomorrow:

[jaws6] 23/10/2013 09:42

david
Thank you for all your efforts on this events and trips.

[davidosh] 23/10/2013 09:25

I have already mentioned a meeting with the main directors for a results presentation and they have suggested doing it at the LDO so stay tuned for the final arrangements as it will be late Nov or early Dec. There will also be an investor trip to Greenwich in April.

[jaws6] 23/10/2013 09:10

daviddosh
please do try to get them for meeting after next result or this opening.
20/11 is result.
Thanks.

[davidosh] 23/10/2013 09:08

Just a reminder....it opens tomorrow.

[badtime] 22/10/2013 16:47

Added today

[kibes] 22/10/2013 16:28

10,000 flats sold at an average of say £300,000 each would be £3 billion coming in in the not too distant future (and you don't get much more than a one bedroom flat for £300,000 in new Greenwich developments). As the land is already paid for, there is going to be a lot of profit in that figure for QED.

[cockneyrebel] 22/10/2013 15:25

Kibes - good part of the reason I'm long here - London residential rocketing- not sure that' been anything like factored in with QED imo.

CR

[scburbs] 21/10/2013 10:12

Good news for the fund management business.

"Investors have voted to extend the life of Aviva Investors £318m Quercus fund by five years, in the hopes that faltering healthcare property values will recover"

Source: EGi

[kibes] 18/10/2013 18:43

Housebuilders are all doing extremely well at the moment, BDEV,TW.,BWY,BKG etc. I am not sure that QED's current share price reflects the numbers of residential units it is building ie '10,000' at Greenwich and 'thousands' at Wembley. Both are good locations with sales which will be aided by the government help to buy scheme no doubt. QED is valued as a commercial property company on its NAV but I'm not sure that is the right approach. Its also a housebuilder.