Founder Brendan Flood specialises in buying, developing and managing shopping centres and mixed-use schemes in England and Wales, ideally pre-letting space to “anchor customers” such as Marks & Spencer and Debenhams. It tries to do as much as it can in-house: its Shoppertainment subsidiary organises attractions such as music events and fashion shows to increase visitor numbers to shopping centres; Modus Asset Management deals with tenants and leases; while Modus Private Equity introduces wealthy individuals to companies seeking investment of between £2m and £10m. This strategy has helped profits grow 91% a year, from £1.2m in 2004 to £8.1m in 2007.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.