Grosvenor Group

Type: Private
On the web: http://www.grosvenor.com
Employees: 250

It may be old -- more than 300 years in fact -- but Grosvenor Group continues to find new properties and means of investing in real estate. The company owns, develops, manages, and has stakes in real estate investments in the UK and Ireland (its largest markets), the Americas, continental Europe, Australia, and Asia. It also manages real estate funds. The company's portfolio consists of approximately 1,000 residential, retail, office, industrial, and mixed-use properties. Grosvenor has more than £12 billion ($25 billion) of real estate assets under management. The company is owned by trusts for the Grosvenor family, which has held land in central London since 1677.

Key numbers for fiscal year ending December, 2008:
Sales: $189.4M

Officers:
Director, Finance, and Director: Jonathan Hagger
Group Finance Director: Nick Scarles
Group Projects Director: Stephen Barter

Competitors:
British Land Company
Land Securities
Liberty International

The Grosvenor Group is a British property company which is privately owned by the Duke of Westminster.

The group has built on the Grosvenor family's traditional holdings in London (part of Mayfair and much of Belgravia and parts of Knightsbridge; Pimlico was also developed by the family, but has been sold) and its agricultural estates in Cheshire and Scotland. It is now a major international property investment and development company with interests in the United States, Canada, Brazil, Australia, Japan and several European countries. In 2003, nearly 40% of the group's net rental income was derived from the United States. Grosvenor is lead developer of Liverpool One (Previously called The Paradise Project) in Liverpool which includes 180 shops, 35 bars and restaurants, 700 apartments and three hotels, amongst other things.

Belgravia Estate

Grosvenor Group continues to operate a programme of conservation and restoration of its London Estate. In 2009, Grosvenor Group collaborated with David Linley and Jonathan Myles-Lea to provide furniture by Linley and art by Myles-Lea in the launch of a recently renovated property in Lower Belgrave Street.

External links

• Official website
• Map showing the original boundaries of the Grosvenor Estate in Mayfair

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