A Catholic priest who juggles his job with property developing has landed a £20million deal – and will donate all the spare profits to church charity projects.
The company has built up a large portfolio by buying dilapidated city centre buildings and turning them into much-needed accommodation.
But now they have moved into the big league by buying a 13-storey office block which they plan to convert into 120 new homes.Father Gregory has always considered God to be the ‘third partner’ in the business and as such gives a third of the profits to church projects.
To date the company has handed out more than £1million to charity and he expects the new deal – his biggest to date – to raise that figure even further.
The parish priest of St Patrick’s Church, in Redfield, Bristol, said: ‘God gives you money simply so that you can give it away again.
‘My idea of fun is working out the best way to make money so that we can find a way of giving it away. It’s very satisfying.
‘The work of the priest is often cyclical, with the same services coming around again each year.
‘But the world of property management has projects, which have a beginning, a middle and an end.’