Dragon James Caan looking for estate agency's next big hitter
Monday 18th March 2013
So, who will be the next Jon Hunt of the estate agency world? And is he (or she) already out there?
Hunt was the man who famously sold Foxtons – founded as a single office estate agent – for £390m at the height of the market.
Will there be anyone else like him?
According to a diary snippet in the Telegraph, former Dragon James Caan may have already sniffed one out.
According to his “real estate lieutenant” (honestly, you couldn’t make this up) Faisal Butt, they are eyeing up an estate agent with a “disruptive” business model for the pair’s next venture capital swoop. It appears that they are looking for a further 12 agency businesses to invest in over the next three years.
Caan’s venture capital property wing, Hamilton Bradshaw Real Estate, is said to have already invested in a number of partners, including London interior design business Accouter.
The article slightly defies translation, but we think you’ll get the gist. It’s about money.
Quick reminder before you join the queue: James Caan also invested in Aaron Turner’s look4aproperty.
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