Difference between revisions of "William Pears Group"
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| − | '''William Pears Group''' is one of Britain's largest | + | '''William Pears Group''' is one of Britain's largest property companies, with £6 billion of property in London and south-east England. The Pears family are major sponsors of Zionist activities through [[The Pears Family Charitable Foundation]] |
| − | The William Pears Group was founded in 1952, by [[Bernard Pears]] (who changed his name from Schleicher on emigrating from Austria) and his son Clive Pears.<ref name=ES>{{cite news|last1=Cohen|first1=David|title=Let's all make it a bumper year for good causes, says man who gave away £30m|url=https://www.standard.co.uk/news/lets-all-make-it-a-bumper-year-for-good-causes-says-man-who-gave-away-30m-7442487.html|access-date=18 February 2015|work=Evening Standard|date=13 February 2012}}</ref> It is run by [[Mark Pears]] with his younger brothers [[Trevor Pears|Trevor]] and David.<ref name=Telegraph>{{cite news|last1=Quinn|first1=James|title=Pears family comes out of the property shadows|url=https://www.telegraph.co.uk/finance/financetopics/profiles/8569562/Pears-family-comes-out-of-the-property-shadows.html|access-date=3 October 2015|work=The Daily Telegraph|date=12 June 2011}}</ref> | + | The William Pears Group was founded in 1952, by [[Bernard Pears]] (who changed his name from Schleicher on emigrating from Austria) and his son [[Clive Pears]].<ref name=ES>{{cite news|last1=Cohen|first1=David|title=Let's all make it a bumper year for good causes, says man who gave away £30m|url=https://www.standard.co.uk/news/lets-all-make-it-a-bumper-year-for-good-causes-says-man-who-gave-away-30m-7442487.html|access-date=18 February 2015|work=Evening Standard|date=13 February 2012}}</ref> It is run by [[Mark Pears]] with his younger brothers [[Trevor Pears|Trevor]] and [[David Pears|David]].<ref name=Telegraph>{{cite news|last1=Quinn|first1=James|title=Pears family comes out of the property shadows|url=https://www.telegraph.co.uk/finance/financetopics/profiles/8569562/Pears-family-comes-out-of-the-property-shadows.html|access-date=3 October 2015|work=The Daily Telegraph|date=12 June 2011}}</ref> |
| − | According to ''[[The Daily Telegraph]]'', [[Mark Pears]] is a director of 212 companies, a "complex labyrinth of operating and | + | According to ''[[The Daily Telegraph]]'', [[Mark Pears]] is a director of 212 companies, a "complex labyrinth of operating and investment companies", but won't say which is the main holding company or what the group's annual profit is.<ref name=Telegraph /> |
| − | William Pears Group owns 3 – 4,000 London freehold residential properties, including large areas of | + | William Pears Group owns 3 – 4,000 London freehold residential properties, including large areas of Notting Hill.<ref name=Telegraph /> |
In 2009, William Pears Group paid £750 million to [[Land Securities]], to buy [[Telereal Trillium]], a commercial property management and investment company. | In 2009, William Pears Group paid £750 million to [[Land Securities]], to buy [[Telereal Trillium]], a commercial property management and investment company. | ||
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In April 2013, William Pears Group bought [[The Spires Shopping Centre]] in Barnet, London, from the bank [[UBS]] for a reported £34 million.<ref name=BarnetSociety>{{cite news|last1=Jones|first1=Nick|title=New owner for the Spires Shopping Centre|url=http://barnetsociety.org.uk/component/k2/new-owner-for-the-spires-shopping-centre|access-date=4 October 2015|work=Barnet Society|date=9 April 2013}}</ref> The Spires has since been bought by the Canadian investment fund [[Alberta Investment Management Corporation|AIMco]]. | In April 2013, William Pears Group bought [[The Spires Shopping Centre]] in Barnet, London, from the bank [[UBS]] for a reported £34 million.<ref name=BarnetSociety>{{cite news|last1=Jones|first1=Nick|title=New owner for the Spires Shopping Centre|url=http://barnetsociety.org.uk/component/k2/new-owner-for-the-spires-shopping-centre|access-date=4 October 2015|work=Barnet Society|date=9 April 2013}}</ref> The Spires has since been bought by the Canadian investment fund [[Alberta Investment Management Corporation|AIMco]]. | ||
| − | Through Pears Global, they have "up to 6,200 apartments" in | + | Through [[Pears Global]], they have "up to 6,200 apartments" in Berlin, managed through a series of "[[Brass plate company|letterbox companies]]".<ref name="Freedom Press">{{cite news |title=Syndikat: The local pub taking on a corporate giant |url=https://freedomnews.org.uk/syndikat-the-local-pub-taking-on-a-corporate-giant/ |access-date=7 June 2019 |work=Freedom Press |date=14 December 2018}}</ref> In 2019, a collaboration of investigative journalists in Germany, headed by [[Correctiv]], tracked down the ownership of about 25 companies with property in Berlin to six firms in [[Luxembourg]], who belong to two firms on Cyprus, who belong to two firms on the [[British Virgin Islands]], who the journalists concluded to be controlled by the William Pears Group.<ref>{{cite news|title=Das verdeckte Imperium|trans-title=The concealed empire|url=https://interaktiv.tagesspiegel.de/lab/das-verdeckte-imperium/|access-date=2 June 2019|newspaper=[[Der Tagesspiegel]]|date=31 May 2019|language=de}}</ref> |
The Pears brothers have invested in New York City as well, through the purchase of $147 million of at least 344 unsold condominium and cooperative units in mostly 1980s-era cooperatives and one rental building, according to PincusCo Media.<ref>{{Cite web|date=2020-07-03|title=Billionaire British Pears brothers quietly buy NYC unsold condos, co-ops in bulk|url=https://www.pincusco.com/billionaire-british-pears-brothers-quietly-buy-nyc-unsold-condos-co-ops-in-bulk/|access-date=2020-07-04|website=PincusCo|language=en-US}}</ref> The acquisitions began as early as 2011 and the most recent was in June 2020. | The Pears brothers have invested in New York City as well, through the purchase of $147 million of at least 344 unsold condominium and cooperative units in mostly 1980s-era cooperatives and one rental building, according to PincusCo Media.<ref>{{Cite web|date=2020-07-03|title=Billionaire British Pears brothers quietly buy NYC unsold condos, co-ops in bulk|url=https://www.pincusco.com/billionaire-british-pears-brothers-quietly-buy-nyc-unsold-condos-co-ops-in-bulk/|access-date=2020-07-04|website=PincusCo|language=en-US}}</ref> The acquisitions began as early as 2011 and the most recent was in June 2020. | ||
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== See also == | == See also == | ||
| − | * [[]] | + | *[[Top 100 philanthropists in the UK - The Sunday Times Giving List 2022]] |
| + | *[[The Pears Family Charitable Foundation]] | ||
| + | ==Resources== | ||
| + | *https://web.archive.org/web/20220812052506/https://cfpt.org.uk/wp-content/uploads/2015/04/CFPT-Newsletter-Summer-2003.pdf | ||
| + | *James Quinn [https://archive.ph/rgB9J Pears family comes out of the property shadows] ''The Telegraph'', 7:00AM BST 12 Jun 2011 | ||
| + | *https://therealdeal.com/new-york/2022/03/04/william-pears-picks-up-62-condos-for-25m/ | ||
| + | *https://www.nao.org.uk/wp-content/uploads/2004/01/NHS_Estates_PPP.pdf | ||
==References== | ==References== | ||
Latest revision as of 12:55, 9 December 2023
William Pears Group is one of Britain's largest property companies, with £6 billion of property in London and south-east England. The Pears family are major sponsors of Zionist activities through The Pears Family Charitable Foundation
The William Pears Group was founded in 1952, by Bernard Pears (who changed his name from Schleicher on emigrating from Austria) and his son Clive Pears.[1] It is run by Mark Pears with his younger brothers Trevor and David.[2]
According to The Daily Telegraph, Mark Pears is a director of 212 companies, a "complex labyrinth of operating and investment companies", but won't say which is the main holding company or what the group's annual profit is.[2]
William Pears Group owns 3 – 4,000 London freehold residential properties, including large areas of Notting Hill.[2]
In 2009, William Pears Group paid £750 million to Land Securities, to buy Telereal Trillium, a commercial property management and investment company.
In April 2013, William Pears Group bought The Spires Shopping Centre in Barnet, London, from the bank UBS for a reported £34 million.[3] The Spires has since been bought by the Canadian investment fund AIMco.
Through Pears Global, they have "up to 6,200 apartments" in Berlin, managed through a series of "letterbox companies".[4] In 2019, a collaboration of investigative journalists in Germany, headed by Correctiv, tracked down the ownership of about 25 companies with property in Berlin to six firms in Luxembourg, who belong to two firms on Cyprus, who belong to two firms on the British Virgin Islands, who the journalists concluded to be controlled by the William Pears Group.[5]
The Pears brothers have invested in New York City as well, through the purchase of $147 million of at least 344 unsold condominium and cooperative units in mostly 1980s-era cooperatives and one rental building, according to PincusCo Media.[6] The acquisitions began as early as 2011 and the most recent was in June 2020.
See also
- Top 100 philanthropists in the UK - The Sunday Times Giving List 2022
- The Pears Family Charitable Foundation
Resources
- https://web.archive.org/web/20220812052506/https://cfpt.org.uk/wp-content/uploads/2015/04/CFPT-Newsletter-Summer-2003.pdf
- James Quinn Pears family comes out of the property shadows The Telegraph, 7:00AM BST 12 Jun 2011
- https://therealdeal.com/new-york/2022/03/04/william-pears-picks-up-62-condos-for-25m/
- https://www.nao.org.uk/wp-content/uploads/2004/01/NHS_Estates_PPP.pdf
References
- ↑ Let's all make it a bumper year for good causes, says man who gave away £30m. 13 February 2012.
- ↑ 2.0 2.1 2.2 Pears family comes out of the property shadows. 12 June 2011.
- ↑ New owner for the Spires Shopping Centre. 9 April 2013.
- ↑ Syndikat: The local pub taking on a corporate giant. 14 December 2018.
- ↑ Das verdeckte Imperium. 31 May 2019.
- ↑ Billionaire British Pears brothers quietly buy NYC unsold condos, co-ops in bulk.
