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 Shopping Centre Fund was established in 1998. It was created to target shopping centres in medium sized towns in the UK, which are dominant in their catchment areas. Each shopping centre has at least one major anchor store. The fund is seeking to raise new equity.
PRINCIPAL ASSETS
Cooper’s Square, Burton
Dolphin Centre, Poole
Eastgate Shopping Centre, Inverness