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Quintain Estates Enters Joint Venture for Greenwich Penninsula

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June 18 (Bloomberg) -- Quintain Estates and Development Plc formed a joint venture with Knight Dragon of Hong Kong to develop Greenwich Penninsula. The agreement will provide as much as 300 million pounds in new financing for the development. Quintain will hold a 40 percent stake in the holding company responsible for the project while Knight Dragon will have 60 percent.

Link to Statement:{NSN M5SU1Q3HBS3K <GO>}

Link to Company News:{QED LN <Equity> CN <GO>}

To contact the reporter on this story: Ross Larsen in London at rlarsen2@bloomberg.net

To contact the editor responsible for this story: Ross Larsen at rlarsen2@bloomberg.net

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