Market Leads & Opportunities
L&Q buys land investor with sites for 42,500 homes
Housing association expands again with landmark dealHousing association L&Q has bought one of the largest strategic land firms in the UK, Gallagher Estates, for £505m.The deal provides L&Q with land for 42,500 new homes mainly in the south and south Midlands, helping it towards its target – launched after merging with East Thames housing association in December – of delivering 100,000 homes, half of which will be affordable.Warwick-based Gallagher Estates specialises in pushing sites through the planning process before delivering serviced land to the market.Gallagher Estates will become a wholly owned subsidiary of L&Q and will continue to be run by its current management team as a stand-alone entity.The acquisition does not include Tony Gallagher’s commercial and retail property development and investment activities.
More Market Leads
- Committee to decide on more than 100 homes in Somerset
26 Feb 25
Plans for more than 100 homes in Somerset will go before committee today (25 February). - Funding for Argyll and Bute housing projects
26 Feb 25
The UK Government has committed to delivering a package of support from the CRP to Argyll and Bute Council totalling £20.34 million. - Lead developer sought for city centre redevelopment
26 Feb 25
Hull City Council says it has taken a step forward on its redevelopment of the former BHS building in the city centre.
- In association with::
