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Entrepreneurs

Property Investor Jamie Reuben Becomes Board Member At QPR Football Club

Jamie Reuben, son of billionaire property investor David Reuben and nephew of David’s equally wealthy sibling Simon Reuben, has been appointed to the board of Queens Park Rangers Football Club. As well as his famous family connections Jamie Reuben, 32, is a successful financier, investor, developer and entrepreneur in his own right. Reuben describes himself as a ‘Londoner, property investor, emerging market speculator, restaurateur/hotelier, football fan and dog lover’. Within London, Reuben has overseen the…

Controversial Landlord Fergus Wilson To Sell Off Entire £100m Portfolio

Large scale and often larger-than-life landlord Fergus Wilson is reportedly to sell off his entire property portfolio, believed to number around 400 properties. In announcing the sale, Wilson blames the difficulty in finding and retaining skilled maintenance staff to look after his portfolio. He says three key staff from Eastern Europe have left for jobs in Europe recently – although he is not sure whether or not this is due to Brexit. Wilson suggests he will dispose of his portfolio gradually, rather than all in one…

Interview: Stuart Williams, The Property Investment Sector’s Rising Star

Stuart Williams is an unusual mix of savvy sales thrust and quietly-spoken understatement which he switches between deftly during my interview with him. Nevertheless while talking to Stuart it was clear that, although he would be loath to admit it, the 37-year-old has all the makings of an emerging star within the property industry. He’s hard to pigeon-hole. Stuart wears the hipster attire of a tech start-up CEO and has an unusual CV that would have most interviewers at Savills or Knight Frank spluttering. But despite…

PropTech Advisers Join Forces In Newly Funded Start Up

Well-known PropTech advisers James Dearsley and Eddie Holmes have formed a new start-up called Unissu after raising £150,000 of pre-seed funding. Unissu is an online database of companies in the property technology market, which includes information on company size, location, the lifecycle stage of property the tech fits into, a description of the tech involved and the funding it has received. According to Dearsley, the ecosystem is growing quickly but there is no single source to help the property industry understand…

How An Entrepreneur Built A £1.4M Property Portfolio Before The Age Of 30

Emily Evans’ journey from broken home to property mogul with a portfolio worth nearly £1.4 million is a real rags-to-riches story. What’s even more impressive is that Evans managed to build up her huge portfolio before hitting 30 years-old. She’s bought seven houses and still owns six of them – something the vast majority of Generation Rent can only dream of. Evans bought her first property at the age of 19 and sold it three years later, by which time it was worth £50,000 more than she’d paid for it. Her portfolio is…

Candy Brothers Accuser Holyoake Paid Them £5.7m In Court Case Damages

Property developer and seafood magnate Mark Holyoake has reportedly paid fellow property entrepreneurs Christian and Nick Candy £5.7m in damages as a result of his failed claim against them. Back in 2011 Holyoake borrowed £12m from former Reading University friend Christian Candy’s company. The cash was to be used to buy and redevelop Grosvenor Gardens House, a Victorian mansion block in Belgravia, for £42m. Soon after, Holyoake claimed, the brothers began to extort money from him by making him sign new agreements…

Guest Of Foxtons Founder Jon Hunt Feared Dead In Tragic Banana Boat Accident

A guest of Jon Hunt, the property tycoon and Foxtons founder, is feared dead following an accident on a banana boat. Richard Chapelow disappeared following the boating accident in Portugal, where he was holidaying with his family. Emergency services continue to hunt for Chapelow, who was reportedly thrown from the banana boat on the Santa Clara Dam at about 5pm on Monday. He was a guest of Hunt who owns property in the area, a spokesman for Hunt said. Chapelow was part of a group of 10 Brits at the popular…

James Caan Backed POD Breaks New Ground With Inspired Homes Partnership

POD Management, the residential management company backed by former Dragons’ Den investor James Caan and entrepreneur Faisal Butt, has clinched a deal with property firm Inspired Homes. The London-based firm is introducing its home management system to Fabrick, a scheme of 184 micro-apartments in Cheadle Hulme, Greater Manchester, via the deal. POD aims to provide residents with round-the-clock support, local community engagement and an online neighbours’ forum via its myPod platform. Fabrick’s living space is optimised…

Noe Group Launches PropTech Investment Accelerator

Noe Group, the company founded by British multi-millionaire property investor Leopold Noe, has launched an accelerator programme to support real estate technology start-ups. Launched through Goldacre, which forms part of the Noe Group £2.3 billion asset management business, the RElab mentor-led programme will give start-ups the opportunity to validate their products, pilot innovations and pitch for investment. Run in collaboration with L Marks, a corporate innovation specialist and early stage investor, the programme…

UK’s Biggest Dealmaker Alex Chesterman Makes £135 Million From ZPG

Alex Chesterman, the Zoopla founder and chief executive, stands to make an impressive £135 million from ZPG, which is being snapped up by a US private equity firm. Silver Lake, which has investments in companies such as Alibaba, GoDaddy and Tesla, agreed to buy ZPG in a £2.2 billion all-cash deal at the end of last week, with Chesterman netting around £60 million from the sale of the 12.5 million shares he has in the business. He previously made £33.6 million when the group listed in 2014, and a further £40 million…

Dragons’ Den Star Teams Up With British Entrepreneur On £1bn Property Investment Firm

Dragons’ Den star James Caan has teamed up with Spire Ventures founder Faisal Butt to back a new real estate investment company. QuoinStone Investment Management, which was founded in February, is targeting value-add assets and aims to build a diverse real estate portfolio in London and regional locations with an initial £1 billion of assets under management. It will invest in multi-let assets valued between £10 million and £50 million-plus and will predominantly focus on office markets that have become undersupplied…

Londoner Launches Business Helping People Raffle Their Homes

A London-based property consultant has launched a company that helps people to shift their homes via a raffle process. Lara Buckler, 28, is starting the business with the sale of her own flat in Nunhead, South London. Raffle entrants pay £2 for a ticket and when all the tickets have been sold the winner will pick up the deeds. Buckler will use the same method to sell other people’s properties via her company houseagogo, which she launched with her property developer husband Chris. Buckler bought the Nunhead flat…

19 Year-Old Entrepreneur Builds £12m Estate Agent In 12 Months

A 19 year-old entrepreneur has managed to create an online estate agent valued at £12 million in the space of just 12 months. Akshay Ruparelia, from Harrow in North East London, launched Doorsteps.co.uk with the aim of providing good customer service at a fair price to people who are selling their homes. The company charges commission of just £99, considerably lower than traditional estate agents. The site went live just over a year ago and in a recent funding round it was valued at £12 million. …

Rob Moore: Does Remotely Investing In Property Really Work?

Low yields, London, tax changes and Brexit are all making investors think about the realistic prospect of 'investing up north'. Frankly, this is some of the most dangerous advice being bandied around. I can count on one hand people who have successfully managed to build a significant portfolio remotely. It is the exception to the rule. I'm not talking 1-5 over 10-20 years, that's easy enough (though still much harder remotely), I'm talking a portfolio that can be a real pension or replace a day job. "I can count…

Stay-At-Home Mum Builds £120m Property Development Portfolio In Five Years

A stay-at-home mum became a successful London property developer with a portfolio worth more than £120 million in just five years. Former banker Nicole Bremner tried several ventures, including baking, photography and knitting, in an attempt to earn a decent income while still looking after her children. But these ventures didn’t allow her to contribute as much as she wanted to the family finances. The 39 year-old Australian, who moved to London in 2000, then tried her hand at property development. …

The Fabulous Life Of Reza Merchant – CEO at The Collective

7 years ago Reza Merchant was graduating from university. Now he's the CEO of a multi-million pound property empire in one of the fastest growing sectors in global real estate. How did this rising star go from university dorm to the boardroom? Here's the lowdown on Merchant. He went to the eminently posh Merchant Taylors private school in Middlesex, which charges a cool £20,000 per year. He borrowed £1.8 million against his parents home to start The Collective, a micro apartment development company he…