Quintain completes refinancing on iQ portfolio

Quintain Estates, a London-based regeneration specialist and fund manager, has successfully concluded the refinancing of its 50-50 joint venture iQ, one of the UK's largest student accommodation providers.

Quintain Estates, a London-based regeneration specialist and fund manager, has successfully concluded the refinancing of its 50-50 joint venture iQ, one of the UK's largest student accommodation providers.

The new debt facility, worth £157.75m, will replace the fund's original five-year senior debt facilities with HBoS and Fortis, which would have matured this summer.

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