Urban & Civic completed the acquisition of L&Q Estates from London & Quadrant Housing Trust for £156m.

Urban & Civic, a master developer that crafts strategic sites and commercial developments, completed the acquisition of L&Q Estates, a strategic land business, from London & Quadrant Housing Trust, a housing association, for £156m. "We are pleased to have reached this agreement with Urban & Civic. We're immensely proud that since acquiring L&Q Estates in 2017, we've enabled the delivery of over 11,300 new homes, of which 1,800 have been built by L&Q. However, our long-term strategy is focused on ensuring that every L&Q resident has a safe and decent home, and access to high quality services they can rely on. This deal will help us meet this goal by simplifying our business and generating additional revenue which will be reinvested into our existing homes and services," Waqar Ahmed, L&Q Executive Group Director of Finance.