Leadership restructure unveiled as agent marks 40th anniversary

Midlands property group Bond Wolfe has marked its 40th anniversary with a reception for 250 guests at Birmingham’s Town Hall, where a management restructure was announced.

Friends and colleagues from across the property world attended the celebration on 4 July.

Co-founder and chairman Paul Bassi welcomed guests and delivered a brief history of Bond Wolfe’s four decades of success and growth.

He also paid tribute to his former partner Rory Daly, who died after a long illness last year.

Bassi took the opportunity to announce that he and finance director Marcus Daly will retain an advisory and strategic role, leaving the day-to-day operations to the next generation.

This includes Bond Wolfe chief executive Gurpreet Bassi, managing director James Mattin, chief investment officer Bobby Bassi, Bond Wolfe Media managing director Craig Upton and Richard Turner, head of property management, who now have £3bn under management.
 

Bassi also advised that Bassi Capital backed the management buy-out of the real estate restructuring team of Avison Young earlier this year, creating Watling Real Estate, with offices in London, Birmingham, Manchester, Leeds and Bristol.

He said Bond Wolfe was still on the look-out for new opportunities.

Bassi also reflected on the impact of the Bond Wolfe Charitable Trust and in particular its role in founding and supporting Sandwell Valley School in West Bromwich, educating and training vulnerable young people.

He said: “We were delighted that so many people were able to join us for this landmark event, reflecting on how we got here over the past 40 years, and looking ahead to where we are going.

“At the same time, it gave us the opportunity to say a heartfelt thank-you to the many people who have worked with us along the way.

“The evening was a resounding success, and it was truly special to have clients, colleagues, and friends come together under one roof.”