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Dave Webster Named Asset Management Chairman of the Year

In the UK property has been the biggest catalyst for wealth creation for several decades and it’s something that is unlikely to change significantly in the years to come. Property is where savvy investors and high net worth individuals put their money to generate long term wealth in a way that no other asset class can rival. One organisation that knows all about the power of property and the unrivalled returns that it can generate is the award-winning, 79th Luxury Living. Part of the 79th Group, they are a family run business who through their experience and knowledge have been making a real name for themselves.

The reputation they have is fully justified and is now beginning to earn them more tangible forms of recognition. In the prestigious 2021 Chairperson Awards their Chairman and founder, Dave Webster was given the impressive accolade of being Asset Management Chairman of the Year. The award is well deserved and recognises not just his achievements with 79th Luxury Living but a lifetime of work in the property industry. We think with these types of awards  it’s important to recognise individuals or organisations that are bringing something new and innovative to their marketplace. They don’t necessarily have to be the biggest name but have to be someone that is trying to offer something different to what is already out there and above all they must offer a great product or service. We feel that Dave Webster and 79th Luxury Living tick all the boxes and are worthy winners of the award.

The award is clearly no accident and in this edition we try to give you an insight into that success they’ve enjoyed and their aspirations for the future. There are many factors but first and foremost they are good at what they do, consistently delivering outstanding results for their clients. They work with high net worth individuals including many elite level sports people such as footballers and have built up an enviable portfolio of residential and commercial developments in highly lucrative areas. They work alongside a panel of private and institutional leaders to develop ‘white label’ property investment products exclusively for clients of 79th Luxury Living.

One of the things that really distinguishes them from their peers in the industry is the knowledge the team brings with more than 30 years of industry experience. They all share the same steadfast determination to maintain the high standards that have become such a trademark. Investments are carefully selected, having to meet a strict criteria before being offered to their clients. They never cut corners or compromise on the quality of their investments with risks mitigated through every step with enhanced compliance and strict operational protocols.

79th Luxury Living’s process has three distinct stages starting with a thorough research process. Their team works hard to identify highly lucrative sections of land to deliver luxury residential and commercial schemes, based on growth and demand. This is followed by purchasing development opportunities in areas of high demand to build bespoke luxury properties, ensuring it obtains the best possible value for its investment. During the final phase they either sell the property to their high net worth clients or retain them for their high income potential.

Clearly one of the driving forces behind their success has been Dave Webster himself. Dave is a remarkable man who has enjoyed a long and distinguished career in the property industry. Dave has several decades of experience both as a landlord and a developer. He has been one of the largest private landlords in the UK. He started as a developer with one initial property before building both personal and corporate portfolios worth more than 500 million pounds of residential and commercial developments. Following his retirement from the frontline of the property industry Dave partnered with SNR Dentons and subsequently the Gunvor Group as a commodity advisor in the precious metals industry. Although still actively involved with 79th Luxury Living it’s very much a team effort with his sons, Jake and Curtis playing a prominent role in the firm’s success. Like Dave they share the same values of loyalty, honesty and reliability. The reputation they collectively enjoy amongst their clients tells you a great deal not only about the service that they provide but also the honest and ethical way that they operate.

Despite their success they remain ambitious and are going through a period of rapid expansion and are interested in working with developers, landlords, receivers, and private funding providers to pursue development and purchasing opportunities to add to their growing portfolio of developers and properties. The objective is to secure and develop high performing assets for future growth and rental yields. The challenge for the team in the future as their burgeoning reputation grows and the demand for their services increases will be to maintain the same high standards that have given them so much success. Given the track record that they have we think it’s something that they will achieve and that 79th Luxury Living is a name you’ll be hearing much more of in the years to come.