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

man wearing black suit

Michael Esfandi

Founder & CEO

man wearing black notched lapel suit jacket in focus photography

Giles Veitch

Investment & Asset Management Director

man standing beside wall

Joe Rosenblatt

Investment Director

man standing beside wall

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.

Get In Touch

Wholeheart Real Estate
3-5 Duke Street
London
W1U 3ED

Wholeheart Real Estate
3-5 Duke Street
London
W1U 3ED