St. Modwen Properties plc (LSE: SMP) is a British-based property investment and development business specialising in urban environments.

It is headquartered in Birmingham and is a constituent of the FTSE 250 Index.

The business was founded by Stan Clarke and Jim Leavesley in 1966 as a property development business called Clarke St. Modwen.

In 1986 the management reversed the business into Redman Heenan International plc, a listed former engineering concern that had become a shell company.

At that time the name was changed to St. Modwen Properties plc.

Source: Wikipedia