The Welbeck Estate Group was established in 1992 in the City of Wells Somerset. Its offices are located in the city centre owning the former headquarters of the Somerset and Dorset Trustee Savings Bank in a period building built in 1702 and close to the High Street and cathedral.

The company specialises primarily in residential investment portfolios and
former institutional housing stock particularly ex Ministry of Defence housing and military establishments.   The company succeeded 3 other specialist residential investment companies the oldest of which was established in 1969.

The oldest were Phoenician Securities Ltd and Macedonian Securities Ltd that pioneered a large number of residential 'break up schemes in London following the introduction of the 1966 Rent Act. These included the Grand Junction Estate acquired from Amalgamated Investment and Properties plc
and comprised the entire freehold estate of all properties located behind Sussex Gardens and Praed Street bounded by Norfolk Place and Edgware Road in Paddington.  Other unbroken blocks owned by the group included 'Tarranbrae' Willesden Lane, West End Court, West End Lane, West Hampstead, Dunraven House, Dunraven Street, Mayfair and North Orbital Road, Denham.

In the mid 1970's First State Holdings Ltd was established acquiring such assets as Woodhurst and Woodhurst South, Boulters Lock, Maidenhead, Southbourne and Desborough House, Amersham Hill, High Wycombe, West End Court, Stoke Poges, De Montfort Court, Leicester.   In all, the group acquired some 1380 residential units over the following 15 years.

In 1979 the group acquired its first 127 unit  ex MOD site at RAF Faldingworth Lincolnshire and have just completed their 36th military site in Ballykelly, Northern Ireland.

In 1980 an office was established in Arlington, Virginia, USA and shortly afterwards the 200 unit mid rise rental block 'Robert Towers' was purchased from Abe Pollin the owner of the Washington Redskins.  The block was renamed The Cavendish and converted to a condominium.

The Cavendish was directly opposite the Pentagon and shortly afterwards the group acquired the 160 unit rental block 'The Lancaster' adjacent to the Navy Annexe to the Pentagon again for condominium conversion.   On the overseas side a  partnership was created for the sale of housing sites at Argyle Gardens on the island of St Vincent in the West Indies.

In 2003  the  group  diversified  investment abroad and acquired a marquee hire and concert events company  in  southern  Norway  namely    A-Tech Proffservice A/S.   In addition commercial and residential real estate have been acquired to help service this business and create a new real estate company BBC Invest A/S which in 2005 purchased the Moland Park business park in Arendal, Norway.

Over the years the group have established aviation interests.  In the late
1960's Macedonian Aviation was formed for both ad hoc charter and scheduled aviation routes at Southend airport.  The fleet comprised 5 DC3 Dakotas and a De Havilland Dove.  At one time it operated the scheduled route between Aberdeen and the Shetland Islands with BEA. In more recent the years the group established BBC Air which acquired the former Queens flight Dove G-HBBC which it still operates.  Until recently the company owned 4 Cessna flight training aircraft which it leased to Compton Abbas flying school.

The Welbeck Estate group now continues to expand particularly with our selected partners and continue to specialise in the purchase and development of residential estates, portfolios and blocks of flats.