St. Modwen instructs Christie Group to sell the Trentham Estate
17th Jun 2022 13:34
(Sharecast News) - Christie Group announced on Friday that its specialist leisure and retail property advisory subsidiary Christie & Co has been instructed to sell the Trentham Estate - a visitor attraction and leisure-based outlet retail and garden centre property - on behalf of St. Modwen Properties.
Read moreSt Modwen names Rachel Kentleton as CFO
27th Jul 2021 09:09
(Sharecast News) - Property investment and development business St Modwen Properties named Rachel Kentleton as its chief financial officer on Tuesday, effective from 6 August.
Read moreSt Modwen bidder enters loan agreement
21st Jul 2021 09:02
(Sharecast News) - St Modwen Properties said the Blackstone-backed firm planning to take the UK residential property company private in a $1.75bn deal has entered into a loan agreement to fund the transaction.
Read moreSt Modwen accepts higher £1.27bn Blackstone offer
24th Jun 2021 07:34
(Sharecast News) - St Modwen Properties has agreed to a higher offer from Blackstone that values the property developer at £1.27bn.
Read moreSt. Modwen and Blackstone granted deadline extension for takeover documents
16th Jun 2021 09:56
(Sharecast News) - St. Modwen Properties confirmed on Wednesday that an extension to certain steps of its takeover by Blackstone had been granted, as a scheme document for shareholders was finalised.
Read moreBlackstone to buy St Modwen in £1.2bn deal
20th May 2021 07:51
(Sharecast News) - St Modwen Properties said on Thursday that it has agreed to be bought by US private equity firm Blackstone in a deal that values the company at approximately £1.2bn.
Read moreMonday broker round-up
10th May 2021 13:05
(Sharecast News) - St Modwen: Liberum downgrades to hold with a target price of 542p.
Read moreStifel downgrades St Modwen, lifts price target after takeover offer
10th May 2021 08:59
(Sharecast News) - Stifel downgraded its stance on shares of St Modwen to 'hold' from 'buy' on Monday but lifted the price target to 542p from 450p, bringing it in line with the proposed takeover offer received by the company from US private equity firm Blackstone last week.
Read moreBlackstone makes 542p a share offer for St Modwen
7th May 2021 07:22
(Sharecast News) - St Modwen Properties said on Friday that US private equity firm Blackstone has made a possible cash offer for the group at 542p a share.
Read moreWednesday broker round-up
10th Feb 2021 13:12
(Sharecast News) - Ocado Group: Berenberg reiterates buy with a target price of 2,925p.
Read moreSt. Modwen momentum turns positive again in second half
9th Feb 2021 07:54
(Sharecast News) - St. Modwen Properties reported an 11.7% fall in its net asset value per share in its annual results on Tuesday, to 427.7p, after it saw 1.1% growth in the second half.
Read moreSt Modwen outlines 'strong' FY operation results
3rd Dec 2020 08:02
(Sharecast News) - Property investment and development firm St Modwen detailed some "strong" operational results for 2020 on Thursday, stating that the group's underlying performance had been in line with full-year expectations.
Read moreDirector dealings: St Modwen CEO makes share purchase
16th Nov 2020 15:46
(Sharecast News) - St Modwen Properties revealed on Monday that chief executive officer Sarwjit Sambhi had acquired 25,200 ordinary shares in the FTSE 250-listed property investment and development business.
Read moreLandsec unveils new growth strategy
19th Oct 2020 12:04
(Sharecast News) - Land Securities is to refocus on cities and mixed-use developments as it exits subscale sectors such as hotels and retail parks, the blue chip property firm said on Monday.
Read moreSt Modwen appoints Sarwjit Sambhi as CEO
29th Sep 2020 08:50
(Sharecast News) - St. Modwen Properties has appointed Sarwjit Sambhi as its new chief executive officer with effect from 2 November.
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