Definitions

St._Modwen_Properties

St. Modwen Properties

St. Modwen Properties plc is a leading British-based property investment and development business specialising in urban environments. It is headquartered in Birmingham and is a constituent of the FTSE 250 Index.

History

The business was founded by Stan Clarke and Jim Leavesley in 1966 as a property development bisness called Clarke St. Modwen In 1986 the management reversed the business into Redman Heenan International plc, a listed former engineering concern that had become a shell company. At that time the name was changed to St. Modwen Properties plc. In the 1980s the company developed the Stoke-on-Trent Garden Festival site. More recently the company has taken ownership of large former industrial sites such as the former MG Rover site at Longbridge. Other sites in St. Modwen's development portfolio include the brownfield reclaimation sites at Coed Darcy and Llanwern.

Structure

The Group is organised as one business - property investment and development. At 30 November 2007 its portfolio was valued at £0.8bn.

References

External links

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