Giles Mackay
Giles Mackay | |
|---|---|
 Giles Mackay | |
| Born | Giles Cyril Patrick Mackay 1962 |
| Nationality | British |
| Notable work | HomeTrack, Sunday Times Rich List |
| Website | http://www.hometrack.com |
Giles Mackay (born Giles Cyril Patrick Mackay 1962), is a British entrepreneur, chairman, adviser and real-estate investor. He founded Hometrack, a property market analytics company, in 1999 and appointed as its CEO. [1] Mackay, was a special adviser to several House of Commons inquiries in the United Kingdom.[2] He is also listed as one of the wealthiest people in the UK; worth £354 million according to the Sunday Times Rich List.[3]
Before embarking on his career as a real-estate and property management entrepreneur, Giles Mackay read Law but failed his Bar exam. He started the first of the Assettrust companies in 1987 and involved in the corporate property sale and leaseback market. In 2002, he founded the most successful of the Assettrust Companies, Assettrust Housing, a real-estate development company and according to Bloomberg delivered 624 shared ownership homes across the UK without the aid of a government grant. [2]
The Sunday Times Rich List has reported Mackay's earnings for a decade with his 2008 revenue reaching over £285 million. The former barrister has a £85m stake in Hometrack, the property data operation he founded in 1999. His other Luton-based businesses include Assettrust Housing, which provides affordable homes. With earlier profits from property deals involving Ford and Sainsbury's, Mackay is current worth £354m as of 2009.[3]
In partnership with two other developers, he purchased plot containing three nine-bedroom private residences each for £61 million in Chelsea, one of the largest "new-build" sales in London real-estate history according to The Standard. [4]
Company
Mackay's company, Hometrack Data Systems Limited, is headquartered in central London.[5] The company has grown quickly since its inception, with yearly growth reported by Fast Track at 72% since 2005. [6].
The company is presently developing a product for the British credit-card market. In addition, their automated property valuation models are used throughout Europe and Australia including for publications such as This Is Money, Yahoo UK, and The Guardian.[7] [8] [9]
Although he remains Chairman of Hometrack, Charles Bryant was appointed Chief Executive Officer in 2013.[1]
On January 31 it was announced that Giles’ company Hometrack was being sold to Zoopla for a figure quoted as £120million.
References
- ^ a b "Hometrack appoints new chief executive officer". Retrieved 2013-10-04.
- ^ a b "Bloomberg: Real Estate Management and Development". Archived from the original on October 20, 2015. Retrieved 2015-10-04.
{{cite web}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - ^ a b "Sunday Times: Business Rich List". Retrieved 2015-10-04.
- ^ "'New build' nine-bedroom Chelsea house sells for £51 million". Retrieved 2015-10-04.
- ^ Don't forget your postcode: it does make a difference
- ^ "2009 Tech Track 100". Archived from the original on 2016-02-03. Retrieved 2010-10-24.
{{cite web}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - ^ The Cities Beating London House Price Infllation Stakes
- ^ House Prices Level Off 18 months consecutive rises
- ^ London House Prices Differential widest 20 years
External links
- www.gilesmac.com (personal website)
- Hometrack Data Systems Limited (company website)
- Crunchbase (business Profile)
- Sunday Times: Business Rich List
- [1]
- [2]