In 1992, Joey Esfandi recognised the underlying potential of the Dwyer business and took a significant stake in the loss-making, listed company. Shortly after this he was appointed as Chief Executive and set about restructuring the asset portfolio and financial arrangements. Over the following two years, the business was transformed by Joey's hands-on management approach and was taken private by him in 1997.
Based on active, hands-on management and a keen understanding of the synergistic relationship between the property and financial markets, Dwyer has adapted its investment strategy in response to early indicators of changes in market sentiment and reacted swiftly to identify potential new areas for investment.
Dwyer continues to respond robustly to challenging market conditions in the pursuit of long-term, total investment returns.
Having pursued a lucrative focus on working with major corporates between 2001 and 2006 to realise mixed-use regeneration projects and thus crystallise significant land value from the acquisition of their surplus assets, Dwyer has more recently reverted to its traditional role as a value investor.
Dwyer's current focus is on commercial and industrial active investment.
Today, Dwyer manages a diverse portfolio of assets, worth in excess of £250m, including commercial and industrial investment properties held across the UK and France.