L&Q sells strategic land business to Urban & Civic

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L&Q’s chief executive Fiona Fletcher-Smith revealed that the housing association was exploring the sale of its strategic land business in May, stating it is not a “core” function

L&Q has confirmed that the sale of L&Q Estates, which Housing Today first reported on back in May, will complete shortly.

The strategic land business, which is a wholly owned subsidiary of L&Q, is due to be unconditionally sold to developer Urban & Civic.

L&Q Estates promotes sites through the planning process, from the pre-allocation stage to securing implementable planning consents before delivering serviced land to the marketplace.

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