Grosvenor Asia Pacific established its first office in Hong Kong in 1994. Since then we have expanded to other key Asian cities, opening offices in Tokyo in 2001 and Shanghai in 2004.
In 2014 we celebrated our 20th anniversary in the region. During our time in Asia we have grown from one relatively small office into a full-scale operation with HK$9.4 bn in assets under management (2017).
Working closely with strong local partners has been an important factor in our growth. We continue to work with others, combining international knowledge with local expertise to provide high-quality service and value-added returns. We also play an active role in ANREV, the Asian Association for Investors in Non-Listed Real Estate Vehicles.
Grosvenor has committed to increasing long-term capital allocation to Asia, given the region’s strong long-term growth prospects. Grosvenor Asia Pacific is leading this expansion in three ways. First, building a luxury residential brand under the Grosvenor banner, differentiated by the quality of our property design and exceptional finishes; secondly, growing a diversified portfolio of core investments in the residential and office sectors; and thirdly, looking further ahead, seeking to develop best-in-class buildings in the central business districts of Shanghai and Hong Kong as high-quality, long-term investments through co-investment partnerships.
Investing with Grosvenor Asia Pacific
Grosvenor Asia Pacific board and senior management team