Family offices are adopting the entrepreneurial flair of venture capitalists in their pursuit of bespoke real estate deals, Moonshot startups, sustainability projects and cross-border investments.

For the ultra-high net worth family office investors that Wigan Acquisitions, the UK originated pan-European family office, was partnering with, the trend was still for targeting higher yielding sustainable income-producing direct real estate assets, combined with increasing interest in alternatives such as co-working, co-living, student housing and hotels, Patrick Wigan (pictured top), chief executive, told CampdenFB.

Wigan Acquisitions announced this week it had successfully concluded its renegotiation of online travel fare aggregator Skyscanner’s lease for five years in its K6 Office Building (pictured) in Budapest. The building was acquired by the family in a deal with a Hong Kong-based private investment fund, as part of Wigan Acquisitions’ strategy to acquire real estate assets in prime locations across Central and Eastern Europe.

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