Lester Group

Lester 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

info@lestergroup.com.au

www.lestergroup.com.au

Lists and Charts

Lists

Property - (Built-form) Developers

Rank	Company	#
16^th	ADC	80,000,000
17^th	Celsius Property Group	65,000,000
19^th	Lester Group	36,000,000
20^th	Bluerock Projects	19,000,000

60 property - (built-form) developers ranked by total combined value of current WA projects ($) v2

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Fund Managers

Rank	Company	#
17^th	Redhill Partners	$395.00m
18^th	Acure Asset Management	$377.00m
19^th	Lester Group	$320.00m
20^th	Dorado Property	$310.00m
21^st	Endeavor Asset Management	$310.00m

62 fund managers ranked by assets under management or net assets

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Family Business Dynasties

Rank		Company	#
55^th	-	Compu-Stor	1987
56^th		Lester Group	1995
58^th	-	VOC Group	2012

57 family business dynasties ranked by year established in WA

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Family offices

Rank		Company	#
69^th	-	Estates Development Company	$245.00m
70^th	-	Peters Investments	$245.00m
72^nd	-	Lester Group	$240.00m
73^rd	-	Prochoice Global Investments	$240.00m

97 family offices ranked by estimated wealth

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Property - Land Developers

Rank		Company	#
25^th		MGroup	103
26^th		Richard Noble & Company	100
29^th		Lester Group	70
28^th	-	Gold Estates	85

50 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year

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Number Of Employees

Property - Land Developers

Rank	Company	#
11^th	Qube Property Group	17
12^th	Qube Property Group	17
13^th	Lester Group	16
14^th	Richard Noble & Company	15
15^th	Iris Residential	4

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Company Activity

	NEWS: Tagged in Lester Group hits out at govt spend	20 Dec 2024
	NEWS: Tagged in Conditions favour rise of big retail	19 Dec 2024
	RANKING: 19 Down from 18 in Property - (Built-form) Developers list	05 Dec 2024
	RANKING: 29 Down from 27 in Property - Land Developers list	05 Dec 2024
	RANKING: 56 Down from 50 in Family Business Dynasties list	03 Dec 2024
	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

News Articles

Related Information

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Lester Group is included in 5 lists - Family offices, Property - Land Developers, Property - (Built-form) Developers, Fund Managers and Family Business Dynasties.

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