St. Modwen, which has been ramping up its industrial & logistics pipeline and capabilities in recent years, has further increased its commitment to the sector with the internal appointment of Rupert Joseland as Managing Director of St. Modwen Industrial & Logistics. This newly established, dedicated business unit has been formed to drive forward the company’s ambitious industrial & logistics growth plans.
Rupert Joseland’s appointment is underpinned by a senior team with deep-rooted industry expertise and includes Ian Romano who has been appointed Senior Development Director, David Binks as Senior Leasing Director and Richard Carter as Senior Construction Director. With a clear sector focus, the business unit will continue to draw on St. Modwen’s national presence with members of the team located out of offices in London, Bristol, Birmingham and Warrington.
St. Modwen has a committed pipeline of over 1.5m sq ft in 2019, having delivered 1m sq ft in 2018, and expects to commit to up to 2m sq ft annually within the next two years. This is supported by one of the UK’s biggest total pipelines which spans 15m sq ft, 60% of which already has planning permission.
Mark Allan, Chief Executive of St. Modwen, commented:
“Backed by our strategic objective to grow a significant industrial and logistics business we now have the structure and team in place to drive forward our plans. Rupert is a highly experienced senior leader and, together with an expansive team of experts, is charged with harnessing St. Modwen’s industrial and logistics potential and further elevating our market position.”
Rupert Joseland, Managing Director of St. Modwen Industrial & Logistics, added:
“St. Modwen has a rich history in developing commercial property, with industrial and logistics having become increasingly prominent. Our further commitment to the sector through a dedicated business is a natural next step and brings together the skills and knowledge, regional strength and brand presence we’ve been growing over recent years. From spec schemes to build to suit and big box to last mile, high-quality design and build sits at the heart of our offer to customers as we retain for the long term the vast majority of our strategically located UK schemes proudly under the St. Modwen banner.”