Following the administration of Godwin Capital, Watling Real Estate has been appointed to oversee the management and potential sale of several key assets linked to the company’s troubled investment entities.
In June 2025, Birmingham-based Godwin Capital, the investment arm of Godwin Developments, went into administration, affecting several of its investment entities, including Godwin Capital No.6, No.8, No.20, and No.21.
These companies had been offering property-backed loan notes to retail investors, promising stable returns.
A combination of declining revenues and rising costs led to financial difficulties, ultimately triggering the administration.
Watling has now been brought in to handle a portfolio of sites across various regions.
Alex Sweetman, director at Watling Real Estate said: “We are working closely with lenders and other stakeholders to move forward with these projects. The diverse mix of sites offers significant opportunities, and we expect strong interest from the market as we continue to support these developments.”
The sites now under Watling’s control include The Landmark in Derby, a fully consented residential scheme comprising 202 units across three tower blocks.
In Cambridgeshire, the Wisbech Gateway site, an 8.5-acre parcel next to the A47, offers outline planning permission for a mixed-use scheme.
Proposed features for the development include a hotel, petrol station, retail units, drive-thru restaurants, and industrial space.
Another key site is in central Bristol, where Watling will manage a development project originally designed for a hotel-led mixed-use scheme but now refocused on a purpose-built student accommodation project. The site, located off Newfoundland Road, has received planning consent for 101 student beds.
Additional properties managed by Watling include residential development opportunities in Hockley Heath, Solihull and at Central Square Shopping Centre in Birmingham, both of which are being promoted for the creation of 41 and 30 homes.
Investors and stakeholders are now waiting for further updates as the administration continues.