St Modwen swings to loss, cuts dividend
22nd Jul 2020 08:46
(Sharecast News) - Property developer St Modwen swung to a first-half loss and cut its dividend after a writedown in asset valuations on sites in Wales.
Read moreSt Modwen H1 earnings 'unsurprisingly' hit by Covid-19
24th Jun 2020 08:27
(Sharecast News) - Property investment and development group St Modwen Properties warned on Wednesday that it was on track to record a substantial fall in first-half earnings, "unsurprisingly" due to impacts stemming from the Covid-19 pandemic.
Read moreSt Modwen pulls divi; board takes 20% pay cut
31st Mar 2020 07:12
(Sharecast News) - House builder St Modwen Properties pulled its dividend, cut boardroom pay by 20% and said all furloughed employees would receive full salary due to the coronavirus pandemic.
Read moreSt. Modwen adjourns AGM and divi decision as it tightens belt for Covid
25th Mar 2020 09:04
(Sharecast News) - St. Modwen Properties announced the adjournment of its annual general meeting, and the 5.1p per share final dividend, as a result of the ongoing Covid-19 coronavirus pandemic on Wednesday.
Read moreSt Modwen upbeat as 2019 asset values rise
4th Feb 2020 08:50
(Sharecast News) - St Modwen Properties was upbeat about its prospects after the commercial property company posted an increase in asset values for 2019.
Read moreMark Allan to start as Land Securities CEO in May
4th Feb 2020 08:10
(Sharecast News) - Land Securities said Mark Allan would take up his job as chief executive in May, five months after his appointment by the commercial property company.
Read moreSt Modwen delivers 'continued progress'
5th Dec 2019 08:40
(Sharecast News) - Property investment and development group St Modwen delivered continued progress in its recently wrapped up trading year thanks to its refocused growth strategy.
Read moreSt Modwen sells Swansea student accommodation for ?38m
2nd Dec 2019 07:24
(Sharecast News) - St Modwen has completed the sale of its interest in a purpose-built student accommodation building at Swansea University Bay Campus for £38m.
Read moreSt Modwen sell 3 retail assets for ?34m
28th Nov 2019 07:41
(Sharecast News) - St Modwen properties said it had sold three retail assets in Doncaster, Crosby and Kirkby for a combined £34m, representing just over half of the company's remaining non-core retail portfolio as at May 2019.
Read moreOcado to build smaller fulfilment centre at St. Modwen site in Bristol
28th Nov 2019 07:33
(Sharecast News) - Ocado Group announced the location of a sixth 'customer fulfilment centre' (CFC) in the UK on Thursday, to support the growth plans of its grocery retail division.
Read moreTuesday broker round-up
5th Feb 2019 12:22
(Sharecast News) - Morrison: Berenberg upgrades to buy with a target price of 285p.
Read moreSt Modwen annual NAV up 4.3%
5th Feb 2019 08:47
(Sharecast News) - Property investor St. Modwen on Tuesday reported a 4.3% rise in its full year net asset value (NAV) per share to 470.4p as profits came in flat at £60.5m.
Read moreTuesday broker round-up
4th Dec 2018 13:03
(Sharecast News) - Rightmove: Deutsche Bank upgrades to buy with a target price of 530p.
Read moreSt. Modwen Properties pleased with performance at year-end
4th Dec 2018 08:14
(Sharecast News) - St. Modwen Properties updated the market on its full-year ended 30 November on Tuesday, ahead of its final results, reporting that it continued to deliver well against its stated strategic objectives during the period.
Read moreSt. Modwen bonds redeemed ahead of 2019 maturity
30th Nov 2018 07:25
(Sharecast News) - St. Modwen Properties confirmed the redemption of its £80.0m 6.25% fixed rate bonds due 2019, ahead of their final maturity next year on Friday.
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