St. Modwen Properties Ltd. was a British-based property investment and development business specialising in the regeneration and remediation of brownfield land and urban environments. It was headquartered in Birmingham and had a network of four regional offices across the UK. It was listed on the London Stock Exchange until it was acquired by The Blackstone Group in August 2021.
History
The business was founded by Sir Stanley Clarke CBE and his brother-in-law Jim Leavesley in 1966 as a property development business called Clarke St. Modwen.[2] In 1986 the management reversed the business into Redman Heenan International plc, a listed former engineering concern that had become a shell company.[2] At that time, in 1986, the name was changed to St. Modwen Properties plc.[2] In the 1980s the company developed the Stoke-on-Trent Garden Festival site.[2]