HWBC

What HWBC does

HWBC is a Dublin-headquartered, independently owned firm of Chartered Surveyors founded in 2005 by Tony Waters and Conor Kevany that provides commercial property services across the Irish market. Its service lines span Investment Agency (acquisitions, disposals and capital markets advice), Property Management, Asset Management, Valuations and Professional Services, Retail Agency, Debt and Equity Advisory, and Fixed Charge Receivership. The firm operates through a single Dublin office at 80 Harcourt Street with a team of approximately 32 property professionals including chartered surveyors accredited by RICS and SCSI, and holds PSRA licence number 002098.

The firm generates revenue through professional service fees negotiated per engagement, encompassing transaction-based agency commissions, recurring management fees on assets under administration, and valuation or advisory retainers. Its client base is composed predominantly of institutional investors, private equity firms, and property companies operating in or deploying capital into Irish commercial real estate; visible engagements include work for Friends First, Kennedy Wilson, Varde Partners, Bain Capital, Mapfre, Manova, Irish Life, AEW, Credit Suisse, U+I Group, Perrigo, Cubic Telecom and Wemo REIM. The firm's active portfolio under management totals approximately 5.4 million sq ft with a capital value of approximately €2.5 billion.

HWBC pursues a senior-led, relationship-driven go-to-market approach, with director-level involvement on every engagement, supported by thought leadership through bi-annual Office Market Review publications, attendance at international real estate conferences (MIPIM, EXPO REAL, CORFAC summits), and media engagement with Irish and international outlets. Distribution is handled directly by the in-house team, supplemented by joint agency partnerships with Knight Frank, Savills, Cushman & Wakefield and CBRE on individual transactions, and by membership in the CORFAC International brokerage network for cross-border deal flow. A wholly-owned property management subsidiary, PMAL, houses recurring-fee management work.

Name

HWBC

Legal name

HWBC Limited

Website

https://hwbc.ie

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

HWBC is an independently Irish-owned chartered surveying firm founded in 2005, providing commercial property investment, management, valuation and advisory services to institutional investors, landlords and occupiers across the Irish commercial real estate market.

Ownership category

akta.pro rank

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Professional Services Fees: Revenue is generated through professional service fees for property consulting, investment agency, property management, asset management, valuations, retail agency, debt and equity advisory, and fixed charge receivership services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

HWBC is a firm of Chartered Surveyors, Property Consultants, Managers and Valuers providing commercial property services across the Irish market. The firm delivers investment agency (acquisitions, disposals, capital markets advice), property management, asset management, valuations and professional services, retail agency, debt and equity advisory, and fixed charge receivership. Services are delivered by approximately 32 property professionals with senior director involvement across every engagement, managing approximately 5.4 million square feet of assets with a capital value of approximately €2.5 billion.

Product overview

HWBC is a firm of Chartered Surveyors, Property Consultants, Managers and Valuers providing commercial property services in the Irish market. The company operates as a unified service offering rather than a modular platform. Their core services include Investment Agency (transactional advice in real estate capital markets), Property Management Services (nationwide commercial real estate management), Asset Management (value creation and loss minimization), Valuations & Professional Services (valuations, rent reviews, advisory), Retail Agency (retail property transactions), Debt & Equity Advisory (corporate finance advisory), and Fixed Charge Receivership. HWBC also publishes periodic Office Market Review & Outlook reports covering Dublin office market trends.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Agency Provides unrivalled transactional advice in real estate capital markets for Irish commercial property, including acquisitions, disposals, and investment advisory services targeting institutional investors, private equity firms and property companies.
• Property Management Services First-class property management services delivered nationally to commercial real estate clients, with tenant management, service charge administration and lease covenant advisory for Irish commercial property portfolios.
• Asset Management Bespoke problem-solving and value creation services aimed at minimising loss and maximising returns for clients with Irish commercial real estate holdings, led by senior directors.
• Valuations & Professional Services Multi-disciplined and highly experienced team offering commercial property valuations, rent reviews and other property advisory services for landlords, owners, developers and lenders in the Irish market.
• Retail Agency Independent expert advice based on detailed market analysis to maximise client interests in retail property transactions across Ireland, including shopping centres, high street retail and retail parks.
• Debt & Equity Advisory Highest quality corporate and strategic financial advice and execution services guiding clients through the complex experience of raising the optimum and most competitive debt and equity structures for Irish commercial real estate transactions.
• Fixed Charge Receivership Receiver appointment and management services for distressed commercial properties in Ireland, working with lenders and special situations investors to protect and realise asset value.

Quantifiable outcome

• €630m Liffey Valley Shopping Centre acquisition managed on behalf of BVK/Universal Investments
• +4 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• CORFAC InternationalcoreChannel Partner/ Reseller/ DistributorHWBC is a member of CORFAC International, a global brokerage network comprised of collaborative, entrepreneurial commercial real estate firms. The network comprises 49 offices in the US, 5 in Canada, and 18 in international markets including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand, UAE, and UK. Founded in 1989, CORFAC offices completed more than 10,000 lease and sales transactions totaling 620 million square feet valued in excess of $8.2 billion in 2018.
• Knight FrankminorChannel Partner/ Reseller/ DistributorJoint agency partnership for the sale of The Sharp building, Hogan Place Dublin 2, sold jointly by HWBC and Knight Frank for €56.3M.
• SavillsminorChannel Partner/ Reseller/ DistributorJoint agency partnership on various transactions including Three Haddington Buildings D4 refurbishment project.
• Cushman & WakefieldminorChannel Partner/ Reseller/ DistributorJoint agents with HWBC on Showgrounds Shopping Centre lettings in Clonmel.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Cushman & Wakefield Ireland: Cushman & Wakefield operates a full-service Irish CRE platform overlapping HWBC's investment, retail, and property management offerings. The firms have partnered on joint agency (Showgrounds Shopping Centre) and compete for the same mandates.
• CBRE Ireland: CBRE's Irish practice offers investment, valuations, agency, and property management and is a global incumbent competing for the same large institutional mandates as HWBC. Several HWBC staff (e.g., Jenny Prunty) began careers at CBRE.
• Lisney: Lisney is one of Ireland's largest independent Irish-owned CRE firms, offering investment, agency, property management, and valuations — the closest structural analogue to HWBC in size and ownership model. Director Conor Kevany previously spent ten years at Lisney.
• Knight Frank Ireland: Knight Frank's Irish office provides investment, agency, and property management services competing head-to-head with HWBC. Notably, HWBC partners with Knight Frank on joint agency instructions such as The Sharp Building sale.
• Savills Ireland: Savills operates a full-service Irish commercial property practice across investment, agency, property management, valuations, and advisory — directly overlapping HWBC's seven service lines and serving the same institutional investor and occupier base in Dublin.
• Bannon: Bannon is an Irish-owned CRE consultancy providing investment, agency, property management, and valuations — comparable to HWBC in size, ownership (Irish-owned), and full-service positioning in the Dublin market.
• Colliers Ireland: Colliers operates an Irish commercial property practice covering investment, agency, and asset management. It competes with HWBC for institutional investor mandates and offers similar cross-border deal access via its global platform.
• JLL Ireland: JLL's Irish office delivers investment, agency, property management, debt advisory and valuations — competing for the same institutional mandates. Co-founder Tony Waters' early career was at Jones Lang (now JLL).
• Avison Young Ireland: Avison Young provides investment sales, agency, and property management services across Ireland, competing with HWBC for mid-market institutional mandates and offering an alternative global-network-affiliated model.

Broad incumbents

• BNP Paribas Real Estate Ireland: BNP Paribas Real Estate is a global CRE services firm with an Irish presence, providing investment, advisory, valuations, and property management. It competes with HWBC for institutional mandates and offers integrated banking-adjacent services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HWBCIreland

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HWBC