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Russell Lester says the group will continue to be an active buyer in the Perth market in 2018. Photo: Gabriel Oliveira

Lester to recycle capital in WA

Western Australia-based developer and investor Lester Group has ridden the wave of a strong east coast property market and is now seeking more opportunities closer to home.

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Year established in WA

41st↓Georgiou Group1977
42nd-Prendiville Group1983
43rd-Lester Group1995
44th-VOC Group2012
48 family business dynasties ranked by year established in WA

Total combined value of current WA projects

13th-MirvacNFP
14th↑Parcel PropertyNFP
16th↑Lester Group25,000,000
51 property - (built-form) developers ranked by total value of WA projects currently under construction ($)

Lots expected to be completed for sale, current financial year

18th↓Acumen Development SolutionsNFP
19th↓Okeland CommunitiesNFP
20th↓Lester Group100
21st↑GM Property Group100
22nd-Pindan Capital75
41 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year

Number of Employees

Property - (Built-form) Developers