Backed by £100m in capital, the venture will acquire and reposition value-add real estate opportunities across London, the South East and key regional cities.

The firm will initially target assets between £5m and £30m, across sectors, including commercial, residential, student accommodation, retail, hospitality and leisure.

SevenCitiesLdn is led by Giles Hoare (pictured above, left) and Cameron Mitchell (pictured above, centre) who together have a combined 25 years’ experience and over £500m worth of real estate transactions across multiple sectors.

Prior to forming SevenCitiesLdn, Giles worked as investment director at Thackeray Group, which he joined in 2018. He previously worked for London & Cambridge Properties Ltd and Cushman & Wakefield.

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Cameron Mitchell leaves his role as development director at Thackeray Group, having joined in 2019, prior to which he worked as a surveyor for CBRE.

Commenting on the launch, Damien Siviter, group managing director at SevenCapital Group (pictured above, right) said: “SevenCitiesLdn is an exciting new venture, with an enterprising vision and approach to transforming the built environment that both aligns with our values and adds a new dynamic to the SevenCapital Group.

“I look forward to supporting and developing the business as it establishes itself and grows over the coming months and years.”

 Giles Hoare, director at SevenCitiesLdn, added: "The UK real estate market continues to offer compelling opportunities for those with the vision and agility to act decisively.

“With the backing of SevenCapital, we have the firepower and platform to make a meaningful impact. We look forward to collaborating with investors, occupiers, and stakeholders to deliver transformative projects."