St Modwen to ramp up city centre resi

Regeneration specialist St Modwen has set its sights on city centre development and the private rented sector as it seeks to expand its housebuilding business. Chief executive Mark Allan said: “We see ourselves increasing our city centre presence.” He pointed to London, Manchester and Birmingham as focus cities. Allan said: “PRS will feature in all the large-scale residential schemes.” St Modwen will continue to target the mid market, where Allan said demand is strongest. He added: “The trend over the next 10, 20, 30 years is around increasing urbanisation and growing population in major cities.”

City centre apartment schemes