Lester Group
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Industry Lists
Family Business Dynasties Family offices Fund Managers Property - (Built-form) Developers Property - Land DevelopersLester Group has been strategically and successfully growing the wealth of its investors since 1995.
Established by WA property investment Dick Lester, it is family owned & run and its investment strategy is simple – selectively acquire prime commercial properties during anti-cyclical periods, ensure an ongoing rental income distribution to investors throughout the life of the investment, and a capital gain upon disposal.
Contact Details
Level 2, 47 Stirling Highway, NEDLANDS WA 6009
08 9423 5100
Lists and Charts
Fund Managers list sponsored by
Property - Land Developers list sponsored by
Property - (Built-form) Developers list sponsored by
Lists
Family Business Dynasties
| Rank | Company | # | |
|---|---|---|---|
| 48th |  | Prendiville Group | 1983 |
| 49th | | Compu-Stor | 1987 |
| 50th |  | Lester Group | 1995 |
| 51st | | Watches of Switzerland | 1997 |
| 52nd | | VOC Group | 2012 |
56 family business dynasties ranked by year established in WA
Fund Managers
| Rank | Company | # | |
|---|---|---|---|
| 17th | | Redhill Partners | $381.0m |
| 18th | | Acure Asset Management | NFP |
| 19th | | Lester Group | $320.0m |
| 21st |  | Endeavor Asset Management | $310.0m |
| 22nd | | Ibaera Capital | $308.0m |
61 fund managers ranked by assets under management or net assets
Property - (Built-form) Developers
| Rank | Company | # | |
|---|---|---|---|
| 16th | | Norup + Wilson | 60,000,000 |
| 17th | | Westbridge Urban | 43,000,000 |
| 18th | | Lester Group | 36,000,000 |
| 19th | | ADC | 22,000,000 |
| 20th | | Bluerock Projects | 17,000,000 |
58 property - (built-form) developers ranked by total value of WA apartment/unit projects currently under construction ($)
Property - Land Developers
| Rank | Company | # | |
|---|---|---|---|
| 25th | | Celsius Property Group | 128 |
| 26th | | Gold Estates | 85 |
| 27th | | Lester Group | 70 |
| 28th | | Hesperia | 58 |
| 29th | | Heath Development Company | 50 |
48 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year
Number of Employees
Family Business Dynasties
| Rank | Company | # | |
|---|---|---|---|
| 31st | AT Brine & Sons | NFP | |
| 32nd | Shellabears | 25 | |
| 33rd | Lester Group | 16 | |
| 34th | Richard Noble & Company | 15 | |
| 35th | Hiddlestone Electrics | 7 |
Company Activity
| RANKING: 19 Down from 18 in Fund Managers list | 31 Oct 2024 |
| NEWS: Tagged in Lester Group Jandakot sale complete | 28 Oct 2024 |
| RANKING: 19 Up from 22 in Fund Managers list | 10 Oct 2024 |
| RANKING: 22 Up from 23 in Fund Managers list | 08 Oct 2024 |
| UPDATED: Property - Land Developers list | 02 Oct 2024 |
| UPDATED: Property - (Built-form) Developers list | 02 Oct 2024 |
| UPDATED: Family offices list | 02 Oct 2024 |
| UPDATED: Family Business Dynasties list | 02 Oct 2024 |
| UPDATED: Fund Managers list | 02 Oct 2024 |
| ADDED: Added to Family offices list | 31 Jul 2024 |
