Joey Esfandi, 58, is Chairman of Dwyer Asset Management PLC. He has been an active property investor and developer since the 1970s.
In 1980, he founded Winglaw, a property investment and development company, which he sold, in 2000, to Warner Estates for over £100m. In 1992, he acquired a 15.5% stake in Dwyer plc, then a dual-listed property company. He was appointed Chief Executive of Dwyer in 1992, and, in under two years, turned losses of £7.6m to a £1.4m pre-tax profit. He took Dwyer private in 1997.
With over 36 years' experience in the real estate and financial markets, Joey has worked through three recessions; successfully maintaining his strategy of maximising total returns for investors, whilst carrying prudent levels of borrowing in support of this goal.
He combines a deep understanding of the property investment and financial markets, with excellent high-level contacts spanning both sectors. He maintains good working relationships with those financiers who have backed his projects, by erring on the side of caution when raising capital and always delivering on his promises.Joey@dwyer.co.uk