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Trusted advisors launch real estate subsidiary

25th September 2007 Print
Capitalising on the popularity of property investment as a wealth management tool, Wenham Major has launched subsidiary company, Major Real Estate, to help clients looking to include property in their investment portfolios. Major Real Estate will be headed up by Mike O’Dwyer, who joins the business from Opus Strategic Investments, where he was responsible for advising clients on real estate investments in Cyprus, Goa, Dubai and Spain. He also brings significant experience of advising on UK property investment opportunities. Prior to Opus, he spent 25 years with HSBC in a variety of senior management roles. Mike will be joined by two experienced consultants, David Gibbins and Raja Kalsi, to help launch the business.

As one of the few UK accountancy firms to have a presence in Dubai, it is anticipated that Dubai will feature strongly in Major Real Estate’s offering to clients.

Ammar Azam, Wenham Major’s Chief Executive who splits his time between the UK and Dubai offices, feels that there is still a tremendous appetite for investing in real estate both in the UK and overseas:

‘Wenham Major’s strategy is focussed on offering our clients ‘trusted advice’ across a whole range of service areas, and real estate is a natural extension for the firm, as so many individuals and companies use property as a wealth management tool. We are delighted that Mike and his team have come on board - our clients will be able to benefit from carefully researched, up-to-the-minute advice on the most attractive property options for maximising capital return. If anyone is about to embark on an overseas property investment, it really does pay to seek advice from professionals with a track record in this market to avoid costly mistakes. ’

Mike O’Dwyer is tasked with building the firm’s real estate consultancy: ‘I am delighted to be joining Wenham Major at such an exciting time in the firm’s development. Choosing the right property investment location is probably more important than ever before. Potential buyers can feel daunted by the vast number of options available, and some destinations have almost certainly peaked as investment locations. There are still many locations which present extremely attractive and safe investment opportunities, and offer good levels of capital growth and rental returns.’

Major Real Estate is able to present options on every conceivable type of property, from luxury villas to studio apartments, and to suit all budgets. The company has established relationships with some key names in property development, and has forged links with business partners able to provide a full range of key support services.