Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSMP.L Share News (SMP)

  • There is currently no data for SMP

St. Modwen gets Wolverhampton go-ahead

Wed, 02nd Mar 2011 16:11
Neighbourhood regeneration specialist St. Modwen Properties said it has secured the first detailed planning approval under its joint venture agreement with Persimmon.Wolverhampton City Council has granted approval for 314 homes, with an expected end value of £50m, to be built as part of the £150m redevelopment of the 88 acre site in Wolverhampton formerly occupied by the Goodyear tyre company. Construction of the residential homes at the site is expected to begin in April with the first homes due to be completed and occupied at the end of 2011. The joint venture agreement, established in August 2010, allows for 2,000 homes, with an end value of £300m, to be built on seven St. Modwen-owned sites across the UK over the next five years.

Related News

LONDON MARKET CLOSE: European stocks climb as Dow Jones hits new high
5 hours ago

LONDON MARKET CLOSE: European stocks climb as Dow Jones hits new high

(Alliance News) - The FTSE 100 made strong progress on Thursday amid an improving outlook for inflation following this week's drop in oil prices and a...

WINNERS & LOSERS: Moonpig flying high as results beat consensus
12 hours ago

WINNERS & LOSERS: Moonpig flying high as results beat consensus

(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday.

LONDON MARKET CLOSE: Segro bid boosts FTSE 100 as gold and oil sink
1 day ago

LONDON MARKET CLOSE: Segro bid boosts FTSE 100 as gold and oil sink

(Alliance News) - The FTSE 100 closed higher on Wednesday as gains in property stocks and housebuilders offset a slump in mining stocks as metals pric...

SMP.L News

St. Modwen solid despite uncertain market
30 Sep 2010

St. Modwen solid despite uncertain market

Property developer St. Modwen Properties said while the outlook for commercial property remains uncertain, trading at the group is not deteriorating. ...

St. Modwen FD leaves for Interserve
29 Sep 2010

St. Modwen FD leaves for Interserve

Property developer St. Modwen Properties is on the look-out for a new finance director to replace Tim Haywood, who is leaving to become group finance ...

M&B's new FD Jones to start in 3 weeks
29 Sep 2010

M&B's new FD Jones to start in 3 weeks

Mitchells & Butlers has confirmed Tim Jones will start his new job as the pub group's finance boss in the middle of next month. Jones, whose appointm...

St. Modwen Props, Persimmon Signs JV To Develop 2,000 Homes
2 Aug 2010

St. Modwen Props, Persimmon Signs JV To Develop 2,000 Homes

LONDON (Dow Jones)--St. Modwen Properties PLC (SMP.LN), a British-based property investment and development business, said Monday it and Persimmon PLC...

London close: Flat finish for Footsie
23 Jul 2010

London close: Flat finish for Footsie

The day that was not without excitement, but shares were little changed overall amid uncertainty ahead of European banking stress tests due after the ...

London afternoon: KNOC ups Dana bid terms
23 Jul 2010

London afternoon: KNOC ups Dana bid terms

Leading blue-chips continue to drift lower with investors happy to bank the week's profits ahead of the week-end and the announcement of the results o...

Tuesday tips round-up: Kesa, Serco, Lloyds Banking
6 Jul 2010

Tuesday tips round-up: Kesa, Serco, Lloyds Banking

The City's bearishness on Kesa shares partly reflects concerns over the tough trading environment that Comet faces in the UK. Furthermore, the City's...

UK SMALLCAP ROUNDUP: Sagentia To Beat Market Views
5 Jul 2010

UK SMALLCAP ROUNDUP: Sagentia To Beat Market Views

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SAG...