Member Article

Chester Property Developers Blueoak Estates Grow from Strength to Strength

Blueoak Estates, the award-winning property development company based in Chester, have appointed David Williams, the ex-Principal shareholder of Great Bear Distribution Ltd, as Chairman to join the company’s main Board.

David has a wealth of experience and will play an active role in assisting Blueooak Estates to achieve their strategic growth plans. He is also the Director and Shareholder of a corporate investment company, MACODAPE Investments Ltd, who have recently acquired a 25% material equity stake in Blueoak Estates Ltd.

Iain MacLean, Managing Director of Blueoak Estates, is delighted with the appointments and equity investment. He said, “This is very exciting news for Blueoak Estates as we continue to focus on our long-term growth plan. As specialists in the construction of new-build homes and in the renovation and conversion of previously rundown or disused buildings, we pride ourselves on our craft.”

He continued, “I am delighted that David will be joining the Board as his complimentary property experience will undoubtedly support the business. As part of the Investment we will also have access to ongoing support from the rest of the MACODAPE team with Colin Murdoch and Mark Roberts assisting with strategic initiatives.”

David Williams, Director of MACODAPE is equally excited by the investment, “We are delighted to become part of the Blueoak team as it is a great business with an excellent executive team in Iain MacLean and Stephen Roberts. The current portfolio of development schemes is proving hugely successful and we are excited to assist with the expansion of the business and subsequent developments in line with the long-term business plan”.

Since the company was established, Blueoak Estates have quickly become renowned for their operational excellence and luxurious homes, amassing a portfolio of more than twenty property developments across the North West.

Last year, Blueoak Estates were awarded the prestigious NWPA Award for ‘Best New Home’ for their West Kirby based development, Lingdale. Home to luxury apartments, Lingdale combines innovative architectural design with panoramic views of the Dee Estuary and the infamous 8th hole of the Royal Liverpool Golf Course.

2018 is expected to be another busy year for Blueoak Estates. Three property developments will be unveiled in the first half of the year, including Chester-based Alexander House and Lancaster Square, as well as St Luke’s which will be located in the picturesque Wirral seaside town, Hoylake. Blueoak Estates’ flagship development, The Sail, which has created a benchmark for luxury accommodation in the North West, will also achieve completion this year.

With MACODAPE’s additional investment and support, Blueoak Estates are set to solidify their excellent reputation and presence within the North West property market. To find out more, visit Blueoak Estates at www.blueoakestates.co.uk and follow them on Facebook and Twitter.

This was posted in Bdaily's Members' News section by Holly Palmer .