Grosvenor - News

UK property sector upbeat despite market turbulence

3rd March 2016

A new survey of British Property Federation (BPF) members, released today, shows a positive short-term outlook for the UK real estate sector, with 88% expressing confidence in its performance over the next 12 months.

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Barton Park named as NHS Healthy New Town

2nd March 2016

Barton Park in Oxford, a development by the Barton Oxford LLP (a partnership between Oxford City Council and property investment and development company Grosvenor Developments Limited), has been selected as one of 10 NHS Healthy New Town demonstrator sites.

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Floreat acquires 33 Grosvenor Street, London

1st March 2016

Grosvenor Britain & Ireland has sold the 125 year long leasehold interest in 33 Grosvenor Street to the Real Assets (RA) Global Opportunity Fund I Limited. The Fund is advised by Floreat Real Estate Limited, part of the Floreat Group.

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New hotel planned for Grosvenor Square

26th February 2016

Owner of Blakes Hotels and Grosvenor propose boutique hotel, restaurant and members’ club.

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Propertylink partners with Grosvenor to launch new core plus property fund

22nd February 2016

Property investment and asset management company Propertylink has partnered with the privately-owned property group Grosvenor Group (Grosvenor) to launch the Propertylink Office Partnership 3 (POP 3) fund, with the acquisition of four properties near North Ryde train station in Sydney, Australia for AUD$94 million.

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Two Grosvenor funds secure ‘top five funds’ status

18th February 2016

Two of Grosvenor Fund Management’s UK funds have been named as top five funds in the latest Association of Real Estate Funds (AREF) / IPD rankings.

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Grosvenor to sell 20 Grosvenor Street

17th February 2016

Offers in excess of £95m sought for 43,000 sq ft offices in the heart of Mayfair.

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Grosvenor sells hotel site in Edinburgh

15th February 2016

228 room hotel will bring jobs and further regeneration to Fountainbridge.

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Luxury linen brand Frette enters UK with flagship store in Mayfair

26th January 2016

Frette, the Italian luxury linen and home furnishing brand, is set to open its first UK store at South Audley Street, Mayfair on Grosvenor’s London estate in summer 2016.

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Grosvenor Fund Management completes sale of Almack House

18th January 2016

Grosvenor Fund Management has completed the sale of Almack House, a Grade A office building in the heart of St James’s in central London, to Pontegadea, the global real estate investment and management group.

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Liverpool ONE's dining offer blossoms as Busaba picks Hanover Street

15th January 2016

Grosvenor Fund Management (GFM) has today announced that Busaba, the Thai casual dining brand, is to open in Liverpool ONE with a 5,418 sq ft restaurant at 111 to 116 Hanover Street. It will be Busaba’s second restaurant outside London.

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Grosvenor secures planning consent for up to 400 new homes at Fountainbridge, Edinburgh

13th January 2016

City of Edinburgh Council has granted planning consent for Grosvenor Britain & Ireland’s proposed build-to-rent scheme at Fountainbridge. The consent unlocks the potential for up to 400 new homes in the former industrial area close to the city centre.

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Jeremy Newsum to retire as Executive Trustee of the Grosvenor Estate

7th January 2016

Mark Preston, currently Grosvenor Group Chief Executive, appointed to succeed him.

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Grosvenor Fund Management completes refinancing of Grosvenor Liverpool Fund

17th December 2015

Grosvenor Fund Management has completed the refinancing of Grosvenor Liverpool Fund, which owns the 2.4 million sq. ft. Liverpool ONE shopping centre.

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Grosvenor completes investment in Spanish logistics JV

16th December 2015

Grosvenor Group’s indirect investment team has completed an investment in a Spanish logistics joint venture. Logic Spain KCRE is a joint venture between Brunswick Invest, Grosvenor and Kefren Capital.

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The Westminster Roppongi takes home gold for best refurbished building at 2015 MIPIM Asia awards

14th December 2015

Grosvenor Asia Pacific, the regional proprietary arm of privately owned international property investment and development group Grosvenor, announced today that its residential project The Westminster Roppongi has been awarded the Gold prize in the Best Refurbished Building category at the 2015 MIPIM Asia Awards.

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The Peninsula London receives planning consent

9th December 2015

Westminster City Council’s planning committee has resolved to grant planning consent for a new 190-room hotel, to be known as The Peninsula London, at 1-5 Grosvenor Place, Hyde Park Corner, Belgravia in central London.

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Grosvenor Americas acquires Maryland Apartment Community for $146M

9th December 2015

Grosvenor Americas today announced the $146 million acquisition of The Crossings at Washingtonian Center, a 648-unit residential community in Gaithersburg, Maryland.

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