Our business model

Our business model drives shareholder and wider stakeholders outcomes by delivering serviced land parcels on large scale Strategic Sites where our customers want to build and where their customers/employees want to live and work. This requires a number of key and consistent ingredients which feed a Master Developer Approach that is underpinned by our purpose, vision and values and addresses three universal sustainability challenges.

Our key resources

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Land

Large scale unbroken blocks of land within 100 miles of London are the essential foundation of our Master Developer model with smaller scale sites targeted by our Catesby business.

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Employees

Our growing team has significant expertise throughout all elements of acquisition, funding, planning, development, project management, community engagement and estate management.

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Funding

Our Strategic Sites and Catesby business are underpinned by our returns and strongly supportive shareholder together with long-dated funding provided by Homes England.

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Partners

Large scale sites require long-term trusted partnerships with a wide range of stakeholders. Our hard earned reputation and demonstrable track record of delivery allow projects to progress with a shared belief and expectation.

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Leadership

We consistently search for better, more efficient and more sustainable ways of doing things, and are proud to be judged by our quality and stakeholder support.

Our Strategic Sites portfolio

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Returns

We are focused on delivering stakeholder returns across a range of financial and non-financial metrics.

£683.1m (-7.7%)

EPRA NTA adjusted

£743.4m (+0.5%)

EPRA NTA

9.5%

gearing – EPRA NAV

1,408 (+15.3%)

plot completions

£128.5m

cash flow generation from plot completions
(U&C share £85.8m)

£23.8m

profit after tax

95%

of staff undertaking ten or more hours of
non-mandatory learning and development

42 points

average Considerate Contractors Scheme score by contractors employed by Urban&Civic

35%

property valuation uplift for joint venture partners since start of partnerships

44%

by total value of direct contracts placed with local contractors

55

number of site visits hosted by Urban&Civic

underpinned by

Our values
Quality

we deliver places, environments and outcomes of which we are proud.

Integrity

we keep our promises and do the right things.

Passion

we love what we do and always strive to do it ever better.

Partnership

we build strong, lasting relationships based on trust and shared values.

Innovation

we are unafraid to do things differently.

 
Our sustainability capitals