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Company Milestones

  • 2016

    Contracts have recently been exchanged at over £24m on one of the largest assets in the portfolio, with completion set for January 2017, resulting in a good profit to the company.

  • 2015

    – The sale of the Leicester Road, Rugby retail park, which completed in November, has resulted in a good profit. Further sales are programmed.

    – Opening new multiscreen Vue Cinema in the heart of Farnborough town Centre.

  • 2013

    – Salhia Real Estate Co. has completed the sale of Elephant & Castle with 50/50 joint venture company KPI for £80m in cash to Delancy and APG.

    – Development and refurbishment at Farnborough town center, another significant property ownership in the portfolio

  • 2010

    Continued advancement is being made on the mixed use town centre scheme at Farnborough, in particular , signing on a cinema operator.

  • 2008

    KPI secured the necessary approvals to develop its property in Rugby, UK.

  • 2007

    – KPI obtained planning consent to further develop Boughton, Leicester and Mills Road
    – 18.48 Hectares of Petre Court (Accrington, UK) was sold.
    – 1.62 Hectare of Petre Court was retained and developed as a business park
    – Gained planning permission for Maxted Road (Hemel Hempstead, UK)
    – Construction begins in Farnborough
    – Trafford Park pre-sold and development commenced and completed.

  • 2006

    Conditional planning consent was obtained by KPI for partial redevelopment of Queensmeed and Kingsmead Shopping Centre in Farnborough to create a major new mixed-use scheme on the site

  • 2005

    The Malls (Basingstoke, UK) was purchased.

  • 2002

    – Elephant and Castle (London, UK) was purchased.
    – Purchase of Alstom portfolios including:
    – Edge Lane, Openshaw (Manchester, UK)
    – Vulcan Works (Newton-le-Willows, UK)
    – Firth Road (Lincoln, UK)
    – Ruston Works (Lincoln, UK)
    – Lindum House (Lincoln, UK)
    – Lichfield Road (Stafford, UK)
    – St Leonard’s Road (Stafford, UK)
    – Glover Street (Stafford, UK)
    – Washwood Heath (Birmingham, UK)
    – Stratford Road, Wolverton (Milton Keynes, UK)
    – Campbell Road (Eastleigh, UK)
    – Ashlawn House (Rugby, UK)
    – Newbold Road (Rugby, UK)
    – Boughton, Leicester and Mill Roads Industrial Estate (Rugby, UK)
    – Channel Way (Preston, UK)
    – St Rollox Depot (Glasgow, UK)

  • 2001

    – Purchase of Marconi portfolios including:
    – Trafford Park (Manchester, UK).
    – Discovery Court (Poole, UK).
    – Maxted Road (Hemel Hempstead, UK).
    – Castle Works (Stafford, UK)
    – Stonebridge Business Park, East Lancs (Liverpool, UK)
    – The Hollies, Newport Road (Stafford, UK)

  • 1997

    – Key Property Investments a UK limited company owned equally by Salhia and St Modwen Properties PLC was established.
    – Queensmead and Kingsmead (Farnborough, UK) was acquired.