News

Open and timely communication with our stakeholders is important to us. You can see our latest news and press release archive here, find out who to contact if you have questions and sign up for media alerts. 

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Grosvenor raises £210m of long term debt

6th December 2013

Grosvenor has raised £210m of unsecured long term debt to help finance forthcoming investment in Belgravia.

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Franck Namani to open flagship store at 33 Davies Street

Franck Namani to open flagship store at 33 Davies Street

29th November 2013

Grosvenor Britain & Ireland (Grosvenor) is excited to announce that Franck Namani, the leading Parisian-based specialist in cashmere and materials of unparalleled refinement, is to open its flagship and first UK store at 33 Davies Street; a landmark building and joint venture between Grosvenor and Stow Capital Partners.

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Planning permission granted for new Gagosian Gallery at Grosvenor Hill, Mayfair

27th November 2013

Grosvenor Britain & Ireland is pleased to announce that planning permission was granted last night for the new Gagosian Gallery at 20 Grosvenor Hill, Mayfair. Westminster City Council approved the plans by architects TateHindle for the creation of an exquisite, double height commercial art gallery in the heart of the Mayfair Conservation Area.

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New neighbourhood in Oxford to be named Barton Park

14th November 2013

Oxford City Council and its development partner Grosvenor Britain and Ireland, which together form the Barton Oxford LLP, have announced that the new neighbourhood in Oxford is to be named Barton Park.

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Work starts on new Southampton Arts Complex - McLaren awarded construction contract

13th November 2013

Grosvenor Developments Ltd has awarded the construction contract for the new Southampton city centre arts complex project, which it is undertaking in partnership with Southampton City Council, to McLaren Construction Ltd. This will see construction works begin on 18 November 2013, of an arts complex, seven retail units and 38 apartments.

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Plans approved for high-quality office development at Bond Street station

6th November 2013

Plans by Crossrail and development partner Grosvenor for a major office development at 65 Davies Street in Mayfair have moved ahead after the scheme was last night approved by Westminster City Council.

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Grosvenor Americas sells 'Magnificent Mile' retail building to General Growth Properties

31st October 2013

Grosvenor Americas has sold a 126,000 square foot retail building at 830 North Michigan Avenue in the heart of Chicago’s “Magnificent Mile” shopping district to Chicago-based General Growth Properties, Inc.

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Grosvenor Britain & Ireland assembles 12 acres in Bermondsey to build new homes for London

24th October 2013

Grosvenor Britain & Ireland has assembled a circa 12 acre development site through two acquisitions in Bermondsey, Southwark, to create new homes for London, including those to rent in the private sector, affordable homes and community facilities.

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Grosvenor Britain & Ireland appoints executive director for Grosvenor Developments

16th October 2013

Grosvenor Britain & Ireland has appointed Richard Powell as executive director of Grosvenor Developments, where he will deliver development schemes outside Grosvenor’s London estate worth £1.6 billion. His appointment follows the announcement earlier this year that Craig McWilliam will become executive director of the London estate from 11th November. 

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Grosvenor Americas acquires 11 Class A office buildings in Seattle for $167.5m

15th October 2013

Grosvenor Americas has acquired 11 Class A office buildings in the Seattle, WA suburb of Bothell from owner/developer Schnitzer West, LLC for $167.5 million. The investment, with a total of 712,460 square feet of office space, is located within the 125-acre Schnitzer North Creek office campus. Schnitzer West will continue to provide onsite property management. CBRE represented the seller.

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Plans for ambitious new neighbourhood at Barton get the go-ahead

25th September 2013

Oxford City Council and its development partner Grosvenor Britain and Ireland, which together form the Barton Oxford LLP, have secured a resolution to grant outline planning approval for their proposed new neighbourhood at Barton.

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Grosvenor Americas acquires 195-unit San Francisco Bay Area apartment community

28th August 2013

Grosvenor Americas (GA) has acquired Carlmont Woods Apartments in Belmont, CA, an affluent suburb within the San Francisco Bay Peninsula. This 11.5-acre garden apartment community with 195 studio and one-bedroom apartments was built in 1971 and enjoys an excellent location just 13 miles south of the San Francisco International Airport and only five minutes from both US 101 and I-280, the two major north-south freeways leading to downtown San Francisco, Palo Alto, Mountain View, and San Jose.

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Grosvenor and Native Land agree financing for £550m Kensington development

15th August 2013

Native Land and Grosvenor, joint developers of the £550 million prime residential development at Campden Hill, London W8, have agreed to finance the project through the introduction of two new investment partners, Hotel Properties Limited (“HPL”) of Singapore and Amcorp Properties Berhad (Amcorp) of Malaysia.

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Grosvenor and Corbin & King celebrate the topping out of The Beaumont hotel

13th August 2013

Yesterday marked the topping out of The Beaumont Hotel, Balderton Street, in London’s Mayfair. The hotel is a joint venture between Grosvenor, who has led on the development of the hotel and operator Corbin & King Hotels Limited. Construction of The Beaumont Hotel began in 2011 and completion is scheduled for summer 2014.

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Archaeology starts on site as Grosvenor Britain & Ireland and Southampton City Council move forward with new arts complex

Archaeology starts on site as Grosvenor Britain & Ireland and Southampton City Council move forward with new arts complex

12th August 2013

Grosvenor Britain & Ireland’s archaeological investigations at the site of Southampton’s new arts complex have started on site. The works mark the next stage in the development process and are an important precursor to construction of the new arts complex.

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Grosvenor and Hongkong and Shanghai Hotels announce new partnership to deliver central London hotel scheme

19th July 2013

Grosvenor and The Hongkong and Shanghai Hotels, Limited (HSH) have announced today that they have agreed terms to enter into, upon completion of HSH’s purchase of a 50% interest in 1-5 Grosvenor Place, SW1 in London, United Kingdom, a 50:50 joint venture partnership that seeks to redevelop the site.

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Grosvenor Fund Management acquires Fleet Place House, EC4, on behalf of the Grosvenor London Office Fund

15th July 2013

Grosvenor Fund Management (GFM) has acquired Fleet Place House, EC4 for approximately £68m reflecting a net initial yield of 5.9% from AM Alpha, the German family trust, on behalf of the Grosvenor London Office Fund (GLOF).

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Grosvenor celebrates as first residents move in to Parkside Place, Cambridge

8th July 2013

Grosvenor Britain and Ireland welcomed the first residents to Parkside Place, Cambridge, over the weekend. All 99 apartments, comprising a mix of one, two and three bedroom homes, some of them duplex, and one penthouse, were sold before completion. 39 of the apartments are affordable housing and these tenants were some of the first residents over the threshold.

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Grosvenor Americas acquires 99,000 sq ft Class A office building in Silicon Valley

1st July 2013

Grosvenor Americas has acquired Century Plaza II, a 99,126 square foot Class A office building in the heart of Silicon Valley in San Jose, CA. The six-story, LEED® Gold certified property at 560 S. Winchester is fully leased to Rockefeller Group Business Centers, Cushman & Wakefield, and Merrill Lynch Wealth Management. The seller was Deka Immobilien, based in Germany. Savills LLC represented the seller in the transaction.

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Grosvenor Britain & Ireland and Southampton City Council secure planning permission for revised arts complex

26th June 2013

Grosvenor Britain & Ireland and Southampton City Council are delighted to announce that that the revised planning application for a new arts complex in the City was approved yesterday by Southampton City Council’s planning committee.

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Press office:

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Sorrel Basher
70 Grosvenor Street
London
W1K 3JP
T: +44(0) 20 7312 7008
sorrel.basher@grosvenor.com

x

Rachel Garstang
70 Grosvenor Street
London
W1K 3JP
T: +44(0) 20 7312 6957
rachel.garstang@grosvenor.com

x

Rebecca Dwyer
70 Grosvenor Street
London
W1K 3JP
T: +44(0) 20 7312 6101
rebecca.dwyer@grosvenor.com

x

Amanda Cheung
3505 Jardine House
1 Connaught Place Central
Hong Kong
T: +852 2501 1997
amanda.cheung@grosvenor.com

x

Patti Glass
2000 The Grosvenor Building
1040 West Georgia Street
Vancouver BC
V6E 4HE
T: +16047193767
patti.glass@grosvenor.com

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