Entrepreneur and Dragons’ Den star James Caan’s venture capital firm, Hamilton Bradshaw Real Estate, has launched a Surrey-based estate agent, IvyGate.
The business will be headed by Jason Tebb, former regional managing director of Your Move, who has also held senior positions with Chesterton Humberts and Foxtons.
Faisal Butt, co-founder and managing director at HBRE, and investor in IvyGate, said: “We won’t be hiring graduates or trainees, only experienced professionals. We’re looking for the top agents in their area. Why spend £380m buying Foxtons when you can hire their best negotiators instead.”
HBRE is looking to invest over £10m over the next two-three years in backing 20 start-ups within the property sector.
sophia.furber@estatesgazette.com
