St. Modwen Properties increases first half NAV

Regeneration specialist St. Modwen Properties said NAV per share increased 5 per cent to 244p in the six months to 31 May 2012 and remains confident of growth through 2012 and beyond.

Regeneration specialist St. Modwen Properties said NAV per share increased 5 per cent to 244p in the six months to 31 May 2012 and remains confident of growth through 2012 and beyond.

The land developer said the year has started very well, despite the on-going challenges posed by the wider economy, as it increases focus on the residential market.

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