A Man of Property with Experience of Some Hard Times Boss of the Week: Tony Donnelly Boss of the Week: Tony Donnelly Managing Director of a Ftse 250 Company Continues to Bank On Land Holdings and Joint Ventures to Develop New Residential Opportunities

Summary


THERE is a younger generation of people working in the property sector who have never experienced a downturn, never struggled to shift new homes, nor scrabbled for tenants to fill empty office blocks.

Tony Donnelly, the 41-year-old managing director of AWG Developments, the Edinburgh-based property arm of FTSE 250 company AWG, is not one of them.

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Extract


A Man of Property with Experience of Some Hard Times Boss of the Week: Tony Donnelly Boss of the Week: Tony Donnelly Managing Director of a Ftse 250 Company Continues to Bank On Land Holdings and Joint Ventures to Develop New Residential Opportunities

Originally specialising in finance, Donnelly's fascination with property led him to switch into development in the early 1990s at a time when the market for both residential and commercial property was distinctly soggy.

At the time he was working for Morrison (Morrison was acquired by AWG in September 2000) and Donnelly was charged with generating returns on uns...

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