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 Liverpool Fund was established in 2004 to finance the regeneration of the 42-acre Paradise Street area in Liverpool. The development is due to be completed in 2008, when it will be retained as an investment fund. In 2005, the development was re-branded as Liverpool One. Funds for the development are fully committed.
PRINCIPAL ASSETS
40 individually designed buildings in six districts
Liverpool