NuGen Properties

Facebook Instagram Linkedin
NuGen Properties Logo
Menu

Blackstone looks to double St Modwen housing output

By property


St Modwen homes near Wantage

St Modwen, acquired by Blackstone in August 2021 for £1.3bn, is combining staff from its previously standalone strategic land business, Strategic Land & Regeneration, with St Modwen Homes to accelerate its growth plans.

St Modwen Homes completed almost 1,200 new homes last year and is currently selling homes on 24 sites.

St Modwen Logistics delivered 1.4 million sq ft of new warehouse space in 2021, with growth planned in 2022, backed a pipelines of 19 million sq ft.

St Modwen chief executive Sarwjit Sambhi said: “Over recent years, St Modwen has become one of the UK’s leading developers of new communities and high-quality homes. Bringing together our land capabilities is natural progression for St Modwen Homes and we hope a catalyst to double the size of this business.”

Got a story? Email [email protected]



Source link


Customer Reviews

Nugen Properties

Customer Reviews

Dan Morten 18/01/22

Google
Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

Google
NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Google
Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Google
Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Google
Great firm to communicate with fast and good quality work.
 
5
Excellent

Privacy Policy