Heritage & Formation
Indurent was established through the integration of two industry leaders: St. Modwen Logistics and Industrials REIT. St. Modwen Logistics, a division of St. Modwen Properties founded in 1966, earned a reputation for transforming brownfield sites into valuable logistics and industrial spaces. Renowned for sustainable, strategically located developments, their portfolio supported major businesses, including Ocado, Tesla, and Amazon. Industrials REIT brought its own distinct legacy, managing a diverse range of industrial estates across the U.K. With a customer-centric approach, flexible lease options, and a tech-enabled platform, they transformed the perception of the industrial real estate sector to prioritize customer experience, particularly benefiting entrepreneurs. Combining the strengths and shared visions of both companies, Indurent brings together St. Modwen Logistics’ expertise in large-scale logistics properties and Industrials REIT’s innovative multi-let industrial model. Now led by Chief Executive Julian Carey, Indurent oversees a vast portfolio of over 27 million square feet, encompassing light industrial units, last- mile delivery facilities, and large-scale distribution spaces. This extensive network spans the U.K.’s major cities and serves a diverse clientele of over 2,000 businesses.
A Vision for the Future As Indurent embarks on its next chapter, the company remains steadfast in delivering quality, sustainable development, innovative property solutions, and a customer-first approach. Built on the strong foundations of St. Modwen Logistics and Industrials REIT, Indurent is primed to lead the way in the industrial and logistics sector, meeting the dynamic needs of an evolving market while fostering growth, innovation, and sustainability.
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