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Disclaimer

This website contains general information about Grosvenor and related entities and is intended for informational purposes only. The information contained on this website is not an offer to sell or a solicitation of an offer to purchase interests in any fund managed by Grosvenor, nor does it constitute investment advice. The information contained herein is a summary only, is not complete, and does not include certain material information about funds managed by Grosvenor, including potential conflicts of interest and risks associated with an investment with Grosvenor. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in the enclosed materials by Grosvenor or its related entities, and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. The estimates, strategies, and views expressed herein are based upon past or current market conditions and/or data and information provided by unaffiliated third parties (which has not been independently verified) and is subject to change without notice. An investment with Grosvenor is speculative and contains significant risks, including the risk of loss of some or all of an investment, and is intended only for sophisticated investors who meet certain eligibility criteria. “This website is managed by Grosvenor Investment Management Limited which is authorised and regulated by the Financial Conduct Authority (“FCA”). The funds defined as “Unregulated Collective Investment Schemes” (“UCIS”) and the promotion of a UCIS either within the UK or from the UK is severely restricted by statute. Consequently, this document is only made available to professional clients and eligible counterparties as defined by the FCA and also to persons of a kind to whom the Fund may lawfully be promoted by an authorised person by virtue of Section 238(5) of the Financial Services and Markets Act 2000, the Financial Services and Markets Act 2000 (Exemption) Order 2001 and COBS 4.12.1R. The value of your investment may go down as well as up, and you may not receive upon redemption the full amount of your original investment. Participation in the Fund(s) should only be made by persons with experience of participating in unregulated schemes and any other person who receives this document should not rely upon it.” PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. YOU SHOULD CONSULT WITH YOUR LEGAL, TAX, FINANCIAL, AND OTHER ADVISORS PRIOR TO MAKING AN INVESTMENT WITH GROSVENOR.

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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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Press release: Grosvenor increases revenue profit for 2012 - Grosvenor's latest Annual Report & Accounts and Environment Review.

Global Outlook - Opportunities still abound in US multi-family

LETTINGS

OFFICES
Grosvenor's office clients occupy some of the finest properties in central London's best locations. Grosvenor's office portfolio comprises 4.2m sq ft of high-end office space across Mayfair and Belgravia.

These include:

- Serviced offices for those requiring a shorter lease at a fixed price including rent, rates, reception, internet connection and furniture - ready to go and all inclusive fixed price.
- Offices to let for those needing the certainty and security of a lease from 3 to 15 years offering all the benefits of a traditional lease.
- Office investments for those looking to invest in the estate by acquiring a long leasehold interest.

website: http://www.grosvenoroffices.co.uk

RESIDENTIAL
Our letting team can provide you with the very best luxury apartments before they come to the market in London's most exclusive locations - Mayfair and Belgravia. Our properties are beautifully finished contemporary homes, set within delightful conservation areas, full of character and life.

If you are considering a home in Mayfair or Belgravia then allow us to help with your search; our experience of the area extends back 300 years. We are totally commited to preserving the environment in this special part of London and offer our expertise in managing luxury residential communities.

For more information please contact the residential letting team:

website: www.grosvenorlettings.co.uk

RETAIL
The London retail and amenity portfolio comprises of over 700 units, of this 350 are retail outlets. Restaurants are the largest force, followed by fashion and antiques. Unusually sole traders dominate across the estate - only 17% of our retailers are multiples or chain stores.

Our key retail street in Mayfair is beautiful Mount Street. At the heart of what is being described as 'New Mayfair', Mount Street is an exclusive luxury retail destination home to some of the most prestigious retail brands including Balenciaga, Lanvin, Goyard, Christian Louboutin, Marc Jacobs, Azzaro and Stephen Webster.

In Belgravia our key retail streets are Elizabeth Street, Motcomb Street and Pimlico Road. The different personalities of these streets is mirrored in the retail mix for each. Key retailers include Linley, Philip Treacy, Allegra Hicks, Erickson Beamon, Carolina Bucci, Rococo, Jenny Packham, Poilane, Daylesford and Annick Goutal.

For more information on our retail opportunities in Mayfair or Belgravia please contact:

Helen Franks - Retail Leasing Director
Phone: +44 (0) 207 312 6152

website: www.grosvenorlondon.com