Full-service law firm Shakespeare Martineau has successfully completed a significant transaction for L&Q Housing Trust on the sale of L&Q Estates to Urban&Civic.
The firm’s residential development and planning teams handled all property-related aspects of the sale, which encompassed more than 100 sites within the L&Q Estates portfolio at various stages of land promotion and development.
Acting on behalf of L&Q Housing Trust, Shakespeare Martineau’s team included Joanna Deffley, Barry Fisher, Jack Kelly, Holly Lockley, Paul Harris, Ruth Thoms, Ashley Bhandari, Anthony Chan, Niamh Curran, Saleha Kothiya and Roz Stiles (land); Paul Wakefield and Rachael Coulsting (legal planning); and Amal Kaur (real estate).
Residential development partner Joanna Deffley, who led the Shakespeare Martineau team, said: “We are delighted to have played a role in this significant transaction for L&Q Housing Trust. Our team’s dedication and expertise ensured a smooth process, aligning with L&Q’s strategic goals and supporting Urban&Civic's expansion.
“Managing the property aspects of the sale not only reflects our capability in handling large-scale property deals but also underscores our commitment to supporting the housing sector’s growth and development.”
L&Q Housing Trust – one of the UK’s leading housing associations, owning and managing more than 105,000 homes – purchased L&Q Estates, previously Gallagher Estates, in 2017.
Shakespeare Martineau acted on behalf of Gallagher Estates in the transaction, which was the largest land acquisition undertaken by a housing association at the time.
Clifford Chance provided corporate and tax advice for L&Q Housing Trust, while Eversheds acted for Urban&Civic.
