St. Modwen Properties appoints Sarah Whitney to its Board as Non-Executive Director

– UK, Birmingham –  St. Modwen Properties PLC (LON: SMP), expert developer and regeneration specialist, today announced that Sarah Whitney will be appointed as a non-executive director with immediate effect. Sarah will join the Audit, Nomination and Remuneration Committees of the Board on her appointment.

Danuta Gray, Chairman of St. Modwen, said: “I am delighted Sarah is joining the Board. She has extensive experience of real estate across the entire life cycle of the industry as well as a strong financial background and experience of governance matters. This, combined with her particular experience helping to forge strong public-private partnerships, will add to our collective expertise and strengthen our Board.”

About Sarah Whitney

Sarah, a Chartered Accountant, has more than 30 years’ experience in the real estate and corporate finance sectors, including a particular focus on public-private partnerships. She currently holds several senior appointments including acting as a member of the Supervisory Board of FTSE250-listed global infrastructure investment company, BBGI SICAV SA; trustee and chair of the audit committee at The Land Restoration Trust; and trustee and chair of the investment committee at The Canal & River Trust. She is Treasurer and a member of the Council of University College London, where she also chairs the Investment Committee and a Senior Visiting Fellow at the University of Cambridge Department of Land Economy.

Sarah’s prior roles include five years as an Executive Director at CBRE until 2012, three years as a Managing Director at DTZ Holdings, and seven years at PricewaterhouseCoopers specialising in corporate finance.

About St. Modwen

St. Modwen is an expert developer with over 30 years of property and regeneration expertise, operating across three dedicated business units in the UK: St. Modwen Homes, St. Modwen Industrial & Logistics, and Strategic Land and Regeneration, all of which are aligned to structural growth trends. A constituent of the FTSE250, the company is active across England and South Wales, with a national portfolio totalling £1.47bn.

Across our three business units, our highly-skilled people safeguard our principles of delivering high-quality, sustainable developments as a positive legacy for businesses and communities for years to come. We are focussed on delivering value for our customers, partners and shareholders – operating with our purpose of ‘Changing Places. Creating better Futures.’ throughout everything with do.

St. Modwen Homes builds contemporary new homes across the UK, is sales active on 25 schemes and is expected to deliver over 1,000 new homes during 2019.

St. Modwen Industrial & Logistics has a committed pipeline of 1.6m sq ft of high-quality logistics and industrial space and draws on a total longer-term pipeline of over 15m sq ft of which 60% has planning. Customers include leading logistics, e-commerce and manufacturing firms.

Our Strategic Land and Regeneration business focuses on promoting and master developing sites, including releasing land for house-building and commercial use, as well as delivering transformational regeneration projects such as New Covent Garden Market, London; the £1bn transformation of Longbridge, Birmingham; and the on-going development of the £450 million Bay Campus for Swansea University.

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