Managing Director
CurrentI set Stonechester up in 1998 as a real estate development, investment and consultancy business. As a consultant I advised Qatar Islamic Bank from 1998 to 2011 on development issues. This included its purchase of a substantial property in Pall Mall, sitting on the Steering Committee of the Shard and considering mezzanine finance opportunities on residential development schemes in Knightsbridge. The development arm of Stonechester has been involved in joint venture schemes in the South West of England ranging from harbour side residential to social housing. Stonechester Investments is a joint investment vehicle with my brother. Its first purchase was a share in the Alverton Hotel in Truro. Five years on, and with £1.6m investment in additional rooms, and existing room upgrades and the hotel has now gained AA star silver status and receives regular awards. Further investment with my brother was into a joint venture property company owning a derelict 9,000 sq ft office building in Truro. Following demolition, planning consent was obtained for 16 apartments and the scheme was successfully sold in 2017I continue to advise Norcros on various property matters relating to its operating businesses.