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This week will see the launch of a new and innovative project as The Knox group of companies launch their Bitcoin priced property venture. In a first for the industry, property will be available to buy directly from a developer using bitcoin.
The £250 million venture is the first between entrepreneur and Conservative peer Baroness Michelle Mone OBE and businessman and philanthropist Douglas Barrowman, both of whom have had illustrious careers, founding and running several hugely successful businesses over the last 2 decades. Outside of The House of Lords, Baroness Mone is best known for founding the popular lingerie brand, Ultimo which she stepped down from in 2015, having sold her majority stake in the company.
Barrowman, the driving force behind The Knox group of companies has decades of experience investing in businesses and property, having begun his career working for international private equity firm 3i in the late 1980s.