St Modwen sells £90m of retail assets

Marks and Spencer Longbridge

St Modwen has sold retail assets in Longbridge, Birmingham and in Wembley, London in two separate deals for almost £90m.

The two assets, which represented 27% of the company’s retail property portfolio, were sold at a 4% discount to the latest book value of the assets.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue