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: Beta and the cost of equity capital to the UK property sector
Grosvenor Festival Place Fund was established in 1999 to manage the Festival Place retail development in Basingstoke, which was completed by Grosvenor in 2002. The fund is fully invested and is focused on asset level performance management.
PRINCIPAL ASSETS
