Grosvenor Britain & Ireland is appointing Craig McWilliam to the role of Executive Director in charge of the London estate, succeeding Giles Clarke, who is leaving Grosvenor to set up his own investment and asset management business.
Craig is currently Executive Director, Grosvenor Developments.
Peter Vernon, Chief Executive, Grosvenor Britain & Ireland, said: “I am grateful to Giles for the excellent job he has done in reinvigorating the London estate over the past five years. We wish him well in his new venture.
“I’m delighted that Craig is taking over responsibility for the London estate. Our properties in Mayfair and Belgravia are the jewel in Grosvenor’s crown and Craig’s experience on the development side and before that in property investment will be invaluable in ensuring we continue to maximise the potential of the London estate.”
Giles Clarke said: “I am extremely grateful to the whole Grosvenor team for the support they have given me over the last five years and hope I have been able to give them and the business something back in return.”
Craig will move into his new role when Giles Clarke leaves later in the year; recruitment of a new Executive Director of Grosvenor Developments is already underway.
For more information contact:
Naomi Curtis/Sorrel Basher, Press Office
020 7312 6479/6101
Notes to Editors
Grosvenor Britain & Ireland aims to create value through our skills in placemaking anddesign, repositioning locations in ways that change customer perceptions and deliver results for our stakeholders. The core portfolio comprises 300 acres of Mayfair and Belgravia in London, which first came into the Grosvenor family in 1677. Ownership and active management of its London estate remains at the heart of Grosvenor Britain & Ireland’s strategy. Investment assets comprise the largest part of its portfolio. Grosvenor Britain & Ireland also undertakes development across London, and in selected city centres around the UK. As at 31 December 2012, Grosvenor Britain & Ireland had assets under management of £4.8bn.