As private wealth continues to rise across Central and Eastern Europe (CEE), affluent families are turning to more sophisticated structures to manage their fortunes. One model increasingly gaining traction is the Single Family Office (SFO)—a private entity created to oversee the financial, personal, and legacy-related affairs of a single wealthy family.
2021 has seen various commercial buildings being sold. The 112 Robinson is no different, rounding off the year with a caveat lodged on December 14th and the price of $269.7 million. The price was based on $2,925 per 92,205 sq ft. The 14-storey building was refurbished in 2003 and has offices on the upper levels, and shops units spread out on the ground floor.
Macro hedge fund firm Athanor Capital has begun returning client cash to transition into a family office.
The Myers Family Office has recently acquired the Red Paddle Co from Tushingham Sails in a deal worth £20 million. This stake was sold to Myers by equity investors Gresham House Ventures after the company had yielded a 5x return on its £4 million original investment in 2015.
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