Edition:
United Kingdom

St. Modwen Properties PLC (SMP.L)

SMP.L on London Stock Exchange

389.00GBp
13 Dec 2018
Change (% chg)

1.00 (+0.26%)
Prev Close
388.00
Open
393.40
Day's High
393.40
Day's Low
385.60
Volume
116,176
Avg. Vol
246,199
52-wk High
431.47
52-wk Low
357.42

Latest Key Developments (Source: Significant Developments)

St. Modwen Sells 34 Assets To Hansteen For 53.7 Mln Stg
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Hansteen Holdings PLC ::ST. MODWEN RELEASES £47M VIA SALE OF 34 ASSETS.PROPOSED DEAL FOR £53.7M.INTEND TO REINVEST DISPOSAL PROCEEDS INTO OUR INDUSTRIAL/LOGISTICS PIPELINE.EXCHANGED CONTRACTS FOR DISPOSAL OF A PORTFOLIO OF 34 ASSETS TO HANSTEEN HOLDINGS PLC.ADJUSTED FOR ASSETS HELD IN JOINT VENTURE, ST. MODWEN'S SHARE OF SALE CONSIDERATION IS £47.3M.  Full Article

St. Modwen Properties Says HY NAV Per Share Up 1.0 Pct To 455.4 Pence
Tuesday, 3 Jul 2018 

July 3 (Reuters) - St. Modwen Properties PLC ::INTERIM DIVIDEND UP 53.5 PERCENT TO 3.1 PENCEPER SHARE.HY NAV PER SHARE UP 1.0% OVER SIX MONTHS TO 455.4 PENCE (NOV 2017: 450.9 PENCE).EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED.EXPECT TO EXCEED FULL YEAR TARGET TO SELL £100-150M OF RETAIL AND SMALL ASSETS.HY REVENUE OF 211.9 MILLION STG VERSUS 151.4 MILLION STG YEAR AGO.HY NET RENTAL INCOME OF 22.9 MILLION STG VERSUS 22.4 MILLION STG YEAR AGO.HY ADJUSTED EPRA EPS FOR HALF YEAR UP 0.4 PENCE TO 6.3 PENCE (2017: 5.9 PENCE).  Full Article

St. Modwen Properties sees ‍full year results in line with expectations​
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - ST. MODWEN PROPERTIES PLC ::‍FULL YEAR RESULTS WILL BE IN LINE WITH EXPECTATIONS​.  Full Article

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'Safe as houses'? Brexit looms over UK real estate market

LONDON Investors are ditching British real estate as Brexit uncertainty, rising interest rates and inflation erode house prices and office values in a market hurtling toward a potentially messy exit from the European Union.