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 legend 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
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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 |
53 family business dynasties ranked by year established in WA
Fund Managers
| Rank | Company | # | |
|---|---|---|---|
| 22nd | | Redhill Partners | $381.0m |
| 23rd |  | Lester Group | $320.0m |
| 25th | | Ascot Capital | $300.0m |
| 26th | | Blackoak Capital | $296.0m |
64 fund managers ranked by assets under management or net assets
Property - (Built-form) Developers
| Rank | Company | # | |
|---|---|---|---|
| 16th | | Norup + Wilson | 60,000,000 |
| 17th | | Westbridge Urban | 43,000,000 |
| 18th | | Lester Group | 36,000,000 |
| 19th | | ADC | 22,000,000 |
| 20th | | Bluerock Projects | 17,000,000 |
56 property - (built-form) developers ranked by total value of WA apartment/unit projects currently under construction ($)
Property - Land Developers
| Rank | Company | # | |
|---|---|---|---|
| 25th | | Celsius Property Group | 128 |
| 26th | | Gold Estates | 85 |
| 27th | | Lester Group | 84 |
| 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
| ADDED: Added to Family offices list | 31 Jul 2024 |
| NEWS: Tagged in Lester Group’s Subi play | 26 Jul 2024 |
| RANKING: 18 Down from 16 in Property - (Built-form) Developers list | 22 Jul 2024 |
| ADDED: Added to Family offices list | 10 Jul 2024 |
| NEWS: Tagged in Lester Group sells Jandakot land | 11 Jun 2024 |
| NEWS: Tagged in Jandakot business park gets green light | 16 May 2024 |
| RANKING: 27 Up from 28 in Property - Land Developers list | 01 Mar 2024 |
| RANKING: 28 Up from 29 in Property - Land Developers list | 05 Jan 2024 |
| RANKING: 23 Down from 21 in Fund Managers list | 10 Dec 2023 |
| RANKING: 50 Up from 51 in Family Business Dynasties list | 01 Dec 2023 |
