St Modwen expands pipeline

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St Modwen has expanded industrial and logistics business over the past six months with a committed pipeline of developments now standing at 1.6m sq ft, up from 1.5m sq ft at the beginning of the year.

In the first six months it let 300,000 sq ft of new space.

Rupert Joseland, managing director of St. Modwen Industrial & Logistics, said: “We have virtually doubled our committed pipeline from this time two years ago, which shows not only where we have come from but the future trajectory for our business.

“The fact that nearly everything we have built so far in 2019 is let or under offer is a testament to our team, backed by a high-quality portfolio and progressive approach to asset management.”

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