James Richardson Group

What James Richardson Group does

James Richardson Group is a diversified single family office for the Evelyn Danos family, headquartered in East Melbourne, Australia. The group was originally established in 1892 as a hotelier and wholesale liquor business; David Mandie AM, OBE acquired the business in 1953 and built a portfolio of operations that today span four core divisions. James Richardson Furniture (JRF), founded in 1956, provides full FF&E (Furniture, Fixtures & Equipment) advisory and procurement services to the architecture and design community across hospitality, commercial, hotel, build-to-rent, and student accommodation sectors, and since 2024 has operated from the Move-in Studio under a partnership with Move-in. James Richardson Investments actively manages a global diversified portfolio of public and private equity and credit investments across Australia, the USA, Israel, and New Zealand. James Richardson Property holds a substantial privately owned portfolio of commercial freehold assets in Australian CBD and City Fringe locations across Victoria, New South Wales, Queensland, and Western Australia. James Richardson Ventures oversees all early-stage activity, including the JR/VC investment vehicle and the JR/AUS.IL program, which assists Israeli tech startups in expanding into Australia.

The group historically operated duty free retail stores under JR/Duty Free, but exited the Australia and New Zealand business via sale to Lotte Duty Free in December 2018 and the Israeli interest via sale to Gebr. Heinemann in May 2023. The group is privately held, has 101–250 employees, and does not publicly disclose financial information. There is no proprietary technology platform; the group's competitive positioning is built on multi-generational capital, real estate holdings, brand heritage, and cross-continental networks (particularly the Israel–Australia corridor). Revenue is generated through a mix of furniture procurement margins, commercial property rental income, investment returns, and venture activities.

Name

James Richardson Group

Legal name

James Richardson Group

Website

https://jamesrichardson.com.au

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

101–250 employees

Short description

James Richardson Group is a private single family office for the Evelyn Danos family, operating commercial furniture procurement (JRF/Move-in), global equity and credit investments, Australian commercial real estate, and an early-stage venture platform with an Israeli tech startup market-entry program (JR/AUS.IL).

Ownership category

akta.pro rank

Product category

Family Office Services

NAICS

Portfolio Management and Investment Advice (523940), Management of Companies and Enterprises (55)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Family Office Advisory (Single/Multi-Family) (FSAEAAAI)

akta.pro secondary industries

Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH), Real Estate Management for Family Offices (Acquisition, Development, Property Ops) (FSAAADAI), Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)

Keywords

• Family office services
• Commercial FF&E procurement
• Commercial property ownership
• Venture capital investing
• Market entry advisory

Headquarters

HQ city

Abbotsford

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. James Richardson Furniture (FF&E Advisory & Procurement): JRF provides full FF&E (Furniture, Fixtures & Equipment) advisory and procurement services to the architecture and design community, spanning design through to delivery. Revenue is generated through the sale and procurement of quality commercial furniture solutions across hospitality, commercial, hotel, build-to-rent, and student accommodation sectors. Now operating within the Move-in platform following a partnership/merger of operations.
2. James Richardson Property: James Richardson Property holds and manages a substantial privately owned and diversified commercial property portfolio in Australian CBD and City Fringe locations (Victoria, New South Wales, Queensland, Western Australia). Revenue is generated through property leasing, rental income, and capital appreciation from commercial freehold assets.
3. James Richardson Investments: James Richardson Investments actively manages a global diversified portfolio of public and private equity and credit investments, with exposures in Australia, USA, Israel, and New Zealand. The flexible mandate allows investment across the capital stack, targeting risk-adjusted returns, consistent capital growth, and secure income.
4. James Richardson Ventures: James Richardson Ventures manages all early-stage activity including JR/VC (investment vehicle with fund and direct investments in early-stage technologies) and the JR/AUS.IL program. Revenue is generated through returns on venture investments and fees from facilitating Israeli tech startup expansion into Australia.
5. JR/Duty Free (Historical / Sold): The group operated duty-free retail stores across Australia, New Zealand, Israel, and Tahiti. Australian and New Zealand operations were sold to Lotte Duty Free in December 2018. Israeli operations were sold to Gebr. Heinemann in May 2023.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels3 records

Core offering

James Richardson Group is a diversified Single Family Office for the Evelyn Danos family that operates commercial furniture, fittings, and equipment (FF&E) advisory and procurement through James Richardson Furniture (JRF), owns and manages commercial property through James Richardson Property, deploys proprietary capital through James Richard Investments, and runs a venture and Australia-Israel market-entry platform (JR/AUS.IL) within James Richardson Ventures. Offerings are delivered directly to corporate, institutional, project, and founder clients, with no consumer-facing retail operations following the divestment of duty-free activities.

Product overview

James Richardson Group is a diversified Single Family Office for the Evelyn Danos Family operating through four core divisions: James Richardson Furniture (JRF) provides FF&E advisory and procurement services for commercial interiors; James Richardson Investments manages global equity and credit portfolios; James Richardson Property holds and develops Australian commercial real estate assets; and James Richardson Ventures oversees early-stage investment activity including the JR/AUS.IL program supporting Israeli tech startups entering the Australian market.

Differentiator

Problem solved

Functional benefit

Products and services

• James Richardson Furniture (JRF) Commercial FF&E advisory and procurement service that specifies, sources, and installs furniture, fittings, and equipment for corporate and institutional fit-out and refurbishment projects across Australia.
• James Richardson Property Ownership and management of commercial real estate assets, providing leased office and commercial space to corporate tenants with direct, in-house landlord management.
• James Richard Investments Proprietary capital deployment by the family office across investment opportunities for long-term portfolio growth on behalf of the Evelyn Danos family.
• James Richardson Ventures (JR/AUS.IL) Venture and market-entry program that supports Israeli technology companies entering Australia and Australian companies engaging with Israel, combining venture investment, commercial introductions, and partnership facilitation through partners such as Move-in.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• Lotte Duty FreeminorChannel Partner/ Reseller/ Distributor · 1 December 2018In December 2018, James Richardson sold its travel retail business in Australia and New Zealand to Lotte Duty Free. This was a strategic divestiture transferring ownership and distribution rights for the duty free operations in those markets.
• Gebr. HeinemannminorChannel Partner/ Reseller/ Distributor · 1 January 2018Gebr. Heinemann was a 50/50 partner in the Israeli duty free company since 2018. In May 2023, James Richardson Group sold its remaining interest in JR/Duty Free to Gebr. Heinemann, marking the end of an era in the duty free / travel retail industry for the group.
• Move-incoreStrategic or Co-development PartnerJames Richardson Furniture (JRF) has joined forces with Move-in, operating from the Move-in Studio. The partnership combines JRF's deep design knowledge and sector experience across hospitality, commercial, and hotel projects with Move-in's expertise in FF&E procurement across Build-to-Rent and student accommodation. This is presented as a significant strategic evolution for JRF, enabling a more connected, capable, and collaborative offering spanning design through to delivery.

Scale indicators5 records

Recent moves10 records

Expansion highlights5 records

Market position

Strengths4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about James Richardson Group