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St Modwen going well on the back of residential growth

1st October 2012

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St Modwen chief executive Bill Oliver

St Modwen chief executive Bill Oliver

BIRMINGHAM developer St Modwen Properties has reported that its business is continuing to perform well.

In an interim trading update for the period to September 30, the firm - which is re-developing the Longbridge area of Birmingham - said the revenue stream arising from its residential portfolio and major projects is experiencing strong growth.

It suggests this is a result of its 'three tranche' approach to developing opportunities across its land bank (residential land sales, residential joint ventures and St Modwe......for the full story register now for free or login below...


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