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Our Portfolio
The Grosvenor portfolio presents our funds, our proprietary assets, assets we hold through joint ventures or Sonae Sierra, and assets held in funds.
   
Recent News
Jeremy Newsum

Grosvenor Group achieved a record profit in 2007. Profits before tax increased by 3% to £524m and the Group earned a total return of 14.4%.

Global Outlook - May 2008

Global Outlook:  Beta and the cost of equity capital to the UK property sector

About

Grosvenor established its business in Sydney in 1967, followed by Brisbane, in 1988. We have a strong track record in developing high quality buildings, both in our own right and in joint venture partnerships.

With a current development pipeline in excess of $500m, we are actively pursuing opportunities nationally.

Key Development Projects include:

- 60 Station Street, Parramatta - a suburban A-grade office building development with expected Net Lettable Area of 25,000m². The parcel of land has an area of 3,205m² and occupies a prominent corner location, well-located to public transport and shops. Construction is expected to commence this year.

- 400 George Street, Brisbane – a Central Business District A-grade office building with a 5 Star Green Star office design rating. It is currently under construction with a 30% tenant precommitment.

- 25 Smith Street, Parramatta, Sydney – a suburban A-grade office building completed August 2007, with the office component fully committed prior to completion. Retail leasing well advanced.

In addition to our development program, we have a diverse investment portfolio of over $650 million. Actively managing our properties, we add value to our assets by continually attaining high occupancy levels, strong rental growth and extending lease expiries.