Private equity giant Blackstone has made a move to ramp up its exposure to the booming UK logistics real estate market, with a £1.2 billion approach for St Modwen Properties. Shares in FTSE 250 ...

(Reuters) -Housebuilder and logistics firm St. Modwen Properties said on Thursday it has agreed to a sweetened 1.25 billion pounds ($1.75 billion) offer from U.S. private equity firm Blackstone to ...

Private equity giant Blackstone today looked set to win its takeover tussle for warehouse and housebuilder St Modwen Properties with an increased takeover offer of £1.27 billion. Priced at 560p a ...

St. Modwen has secured a new £475M unsecured revolving credit facility as it ramps up development of a 7.5M SF logistics pipeline. The refinancing deal, with an initial maturity of five years that can ...

Blackstone Group Inc. funds have offered to buy St. Modwen Properties Plc as the private-equity giant chases a bigger slice of the U.K.’s red-hot warehouse market. The British developer said it’s ...

A ground-breaking ceremony has been held at St Modwen Park Central, which will be home to a 253,000 sq ft warehouse occupied by National Veterinary Services (NVS). St Modwen Logistics recently signed ...

Ten years ago Midlands-based developer St Modwen had a legacy of large-scale mixed regeneration to manage after a period of expansion into town centre partnerships with local authorities. The business ...

St Modwen has sold £96m in assets since July, bringing the total disposals for the year to £154m. This includes £20m of non-core office, retail and commercial assets, £50m of residential land and £26m ...

BROWNFIELD regeneration specialist St Modwen has been chosen as preferred developer for a 2,400-acre portfolio of sites across South Wales. BROWNFIELD regeneration specialist St Modwen has been chosen ...

Housebuilder and logistics firm St. Modwen Properties said on Thursday it has agreed to a sweetened 1.25 billion pounds ($1.75 billion) offer from U.S. private equity firm Blackstone to take it ...