A real estate investment company.
Measured by outcomes.
A real estate investment company.
Measured by outcomes.
About Us
About Us
Wholeheart Real Estate is a cross-sector investor and asset manager.
We fund projects directly and through joint ventures, with full financial alignment and a hands-on, ownership-led approach.
Founded by the family and team behind Dwyer, Wholeheart Real Estate represents the next chapter in a long-standing commitment to achieving best in class risk adjusted returns in property investment.
Wholeheart Real Estate is a cross-sector investor and asset manager.
We fund projects directly and through joint ventures, with full financial alignment and a hands-on, ownership-led approach.
Founded by the family and team behind Dwyer, Wholeheart Real Estate represents the next chapter in a long-standing commitment to achieving best in class risk adjusted returns in property investment.
Team
The Wholeheart Real Estate team brings deep market insight, strong relationships and proven execution capability, shaped by a heritage of family ownership and long-term investment.
The Wholeheart Real Estate team brings deep market insight, strong relationships and proven execution capability, shaped by a heritage of family ownership and long-term investment.
Team

Michael Esfandi
Founder & CEO

Giles Veitch
Investment & Asset Management Director

Joe Rosenblatt
Investment Director

Ian Sutherland
Senior Adviser
Track Record
Track Record
Viridor
Location
Crayford
Deal Size
£20m +
Sector
Industrial
Core Disciplines
Commercial Asset Management / Land Assembly / Institutional Sale
Acquired the largest-capacity materials recycling facility inside the M25, situated on a 10-acre site let off an extremely low rent, with the tenant benefiting from a long lease subject to a rolling six-month break option. Additional adjacent land was subsequently acquired, the lease regeared, and the asset sold to an institutional investor.

Viridor
Location
Crayford
Deal Size
£20m +
Sector
Industrial
Core
Disciplines
Commercial Asset Management / Land Assembly / Institutional Sale
Acquired the largest-capacity materials recycling facility inside the M25, situated on a 10-acre site let off an extremely low rent, with the tenant benefiting from a long lease subject to a rolling six-month break option. Additional adjacent land was subsequently acquired, the lease regeared, and the asset sold to an institutional investor.

Exchange House
Location
Watford
Deal Size
£20m +
Sector
Office
Core Disciplines
Commercial Asset Management / Planning Gain / Local Authority Partnership
Acquired a 70,000 sq ft office building let to the UK Government and obtained planning consent for a change of use to residential. The asset was successfully sold within 18 months at a significant profit.

Exchange House
Location
Watford
Deal Size
£20m +
Sector
Office
Core
Disciplines
Commercial Asset Management / Planning Gain / Local Authority Partnership
Acquired a 70,000 sq ft office building let to the UK Government and obtained planning consent for a change of use to residential. The asset was successfully sold within 18 months at a significant profit.

Hamilton Drive, St John’s Wood
Location
London
Deal Size
£100m +
Sector
Residential
Core Disciplines
Planning Gain / Development
Secured planning for and developed a best-in-class residential scheme with a GDV in excess of £140m, fully exited via an optimised individual sales programme.

Hamilton Drive, St John’s Wood
Location
London
Deal Size
£100m +
Sector
Residential
Core
Disciplines
Planning Gain / Development
Secured planning for and developed a best-in-class residential scheme with a GDV in excess of £140m, fully exited via an optimised individual sales programme.

Dumers Lane
Location
Bury
Deal Size
£10m +
Sector
Industrial
Core Disciplines
Asset Management / Planning Gain / Local Authority Partnership / Institutional Sale
Acquired a former industrial unit operating as a call centre with a short lease term remaining. Undertook a comprehensive refurbishment and conversion back to industrial use, secured a pre-let on a 10-year lease, and exited within two years.

Dumers Lane
Location
Bury
Deal Size
£10m +
Sector
Industrial
Core
Disciplines
Asset Management / Planning Gain / Local Authority Partnership / Institutional Sale
Acquired a former industrial unit operating as a call centre with a short lease term remaining. Undertook a comprehensive refurbishment and conversion back to industrial use, secured a pre-let on a 10-year lease, and exited within two years.

Roadside Portfolio
Location
UK Wide
Deal Size
£50m +
Sector
Alternative
Core Disciplines
Asset Management / Development / Institutional Sale
Aggregated existing income-producing drive-through assets let to Starbucks and McDonald's. Formed strong relationships with both occupiers, which enabled new sites to be acquired and developed with pre-agreed leases in place, as well as accretive lease regears. The resultant portfolio was sold in three phases to a combination of institutional and private investors.

Roadside Portfolio
Location
UK Wide
Deal Size
£50m +
Sector
Alternative
Core
Disciplines
Asset Management / Development / Institutional Sale
Aggregated existing income-producing drive-through assets let to Starbucks and McDonald's. Formed strong relationships with both occupiers, which enabled new sites to be acquired and developed with pre-agreed leases in place, as well as accretive lease regears. The resultant portfolio was sold in three phases to a combination of institutional and private investors.

Industrial Open Storage (IOS) Portfolio
Location
UK Wide
Deal Size
£50m +
Sector
Industrial
Core Disciplines
Site Sourcing / Planning / Commercial Asset Management
Ongoing aggregation strategy for existing and pre-development IOS assets, including short-term income, sale-and-leaseback, and vacant properties. Built a strong canvassing network enabling off-market transactions, with the capability to appraise and manage both planning and construction risk.

Industrial Open Storage (IOS) Portfolio
Location
UK Wide
Deal Size
£50m +
Sector
Industrial
Core
Disciplines
Site Sourcing / Planning / Commercial Asset Management
Ongoing aggregation strategy for existing and pre-development IOS assets, including short-term income, sale-and-leaseback, and vacant properties. Built a strong canvassing network enabling off-market transactions, with the capability to appraise and manage both planning and construction risk.

Orbital Business Park
Location
Enfield
Deal Size
£50m +
Sector
Industrial
Core Disciplines
Asset Management / Planning Gain / Local Authority Partnership
Acquired an income-producing industrial site and partnered with the London Borough of Enfield to produce a strategic masterplan for a much larger site of over 100 acres with the potential for over 5,000 homes. The London Borough of Enfield subsequently bought out the interest in full.

Orbital Business Park
Location
Enfield
Deal Size
£50m +
Sector
Industrial
Core
Disciplines
Asset Management / Planning Gain / Local Authority Partnership
Acquired an income-producing industrial site and partnered with the London Borough of Enfield to produce a strategic masterplan for a much larger site of over 100 acres with the potential for over 5,000 homes. The London Borough of Enfield subsequently bought out the interest in full.

