About Five Corporate

Origins

Five Corporate have been working within the construction industry since 1977. Originally, the company was known as Chahal Builders. It began by building extensions and small starter homes as well as renovating homes in Wolverhampton. By the 1980s, the company was tendering for grant aided council jobs. These jobs required the renovation of homes from circa 1900s, introducing extensions to increase kitchen space and replace outdoor washroom facilities with the more modern idea of indoor bathrooms.

By 1983, Chahal Builders had gained an outstanding reputation for completing jobs within scheduled times together with competitive rates, which made it a preferable choice for homeowners. For a further 10 years, Chahal Builders continued completing works on homes under the government schemes in addition to redeveloping homes and commercial properties for private clients. These works credited the company with a reputable status and it became recognised for delivering a quality service.

For the next decade the company primarily took on a property management and maintenance role, which looked after client portfolios consisting of commercial properties and residential dwellings.

Growth

At the turn of the century in the year 2000, Mr Chahal decided to bring his sons into the business and started looking at new areas to employ the company’s vast knowledge of commercial and residential property. One area they identified for its growth and development was the real estate industry in the city of Dubai, UAE. Dubai had a booming construction industry and was keen to take on skilled companies who would invest and develop the city.

Expansion

By 2003, the company had bought into several projects as joint ventures and helped launch these projects into the consumer market. The company played a role in locating and purchasing sites, and the design and build of projects ranging from residential blocks to commercial towers.

By 2009 the company had expanded its interests to the luxury marine yachting industry in Dubai. We started to undertake private and commercial commissions of yacht builds, ranging from small fishing vessels to bespoke luxury yachts. These required the use of alternative building materials, which would need to withstand demanding weather conditions as well as the changing sea conditions. In addition to building, the company also owned a fleet of luxury yachts, which were operated in the tourism and rental industry.

Re-entry to the UK Property Market

The company continuously reviewed its position across both continents, always looking for changes in the economy. By 2017, it recognised that the UK property market had begun to show positive signs of improvement and stability, which led to the decision to re-enter the UK property development sector as Five Corporate, and started with a joint venture to develop 12 premium class 5/6-bedroom homes in a gated community in Lancashire. This project was successfully pre-sold, with the completion and handover set for 2020.

Current Projects