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 Residential Investment Fund was established in 2005 to invest in residential properties in clearly researched and defined clusters of cities and towns situated throughout the UK. The fund specifically excludes Mayfair and Belgravia, to avoid any conflicts of interest with Grosvenor’s existing holdings. The fund seeks to generate both income and capital growth. The fund was formerly known as Talbot Residential Investment Fund but changed its name in July 2007.
PRINCIPAL ASSETS
Belgrave House, London
Chasewood Park, Middlesex
The Levels, Cambridge
17-19 Nevern Place, London
