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Recent News
Mark Preston

Mark Preston has taken over as Group Chief Executive. Peter Vernon succeeds him as Chief Executive of Grosvenor Britain & Ireland.

North America Quarterly Report - 2nd Quarter 2008

North America Quarterly Report - 2nd Quarter

Calgary

Downtown Calgary

Grosvenor continues to find economic opportunities throughout the West Coast and into Alberta from Power Centres in Edmonton to developing residential communities in downtown Calgary.

 

Calgary is the economic powerhouse of Alberta and the driving force behind its prosperity. Downtown Calgary is experiencing rapid growth in the office market with 5 million square feet currently under construction. This space is largely accounted for by firms seeking to accommodate their growing employee needs. The Downtown and Beltline areas of Calgary have also seen rapid growth. With 30,000 new migrants moving to Calgary each year and the population now passing the one million mark, the demand for urban housing continues to grow.