Grosvenor - San Francisco

The Grosvenor portfolio presents our funds, our proprietary assets, assets we hold through joint ventures or Sonae Sierra, and assets held in funds.
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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

San Francisco

The San Francisco-Oakland metropolitan statistical area (MSA) is the 13th largest in the United States and attracted more than 15.8 million visitors to the city in 2006, injecting $7.8 billion into the economy. San Francisco ranks in the top-ten for conventions and conferences in North America. The economy for the San Francisco-Oakland MSA remains strong with employment growth estimated to be 1.7% in 2007, matching the increase of 2006. Grosvenor is focused on acquiring and developing retail properties, as well as mezzanine level lending in the San Francisco Bay area.