CW Residential's core activity is investment in residential assets,

Country of Incorporation - United Kingdom

Main Country of Operation - United Kingdom

Directors & Biographies

Robert Döry, aged 56 (Executive Chairman)

Robert is also chairman of Döry Estates Ltd, a family property investment group, as well as being chairman of The Cayman Islands Brewery Ltd, the Islands’ main brewery. Robert originally commenced work in the banking department of Guinness Mahon & Co Ltd. He was there for circa 17 years and was promoted to a director. Amongst his various responsibilities, he was responsible for running their property lending and investment activities. He subsequently privatised Kekkuti Asvanyviz, Hungary’s top quality mineral water company. He acted as chairman and in 1996 organised its flotation on the Budapest Stock Exchange. The company was taken over by Perrier-Vittel S.A. (part of Nestlé Group), following a contested takeover from the local Coca-Cola bottler. At the time of the sale in 2000, production had risen to over 100m bottles per annum. Robert lives in London and is an Associate of The Chartered Institute of Bankers.

Gareth Pearce, aged 54 (Non-executive Director)

Gareth is executive chairman of Smith & Williamson. He joined Smith & Williamson in 1986 as head of corporate finance and was appointed group managing director in 1995. In 2000, he was made executive chairman of both Smith & Williamson and Nexia International, an international network of accounting and consulting firms employing more than 12,000 professional staff in over 90 countries.

Gareth qualified as a chartered accountant with Peat, Marwick, Mitchell & Co in 1978. Three years later, he joined Electra Investment Trust’s venture capital division as an investment manager. He was promoted to investment director in 1984.

Responsibility of the Directors

The Board meets regularly during the year. It is responsible for the overall strategy and direction of the Group and for approving acquisitions and disposals, management performance, major capital and development expenditure and significant financial matters.