Our business has delivered sustained operational outperformance and revenue profit growth by embracing an ambitious approach to place management, development and sustainability – all through one of the most challenging periods for physical real estate.
Bold long-term decisions have supported this success, including the launch of our lending platform, our move to convert 20% of our offices to flexible workspaces and our focus on fostering a high-performance culture built on collaboration and innovation. Entering into our largest joint venture in Mayfair to date was also a key milestone. This £1.2bn new partnership with Norges Bank Investment Management brings together two deeply aligned, long- term investors who share huge confidence in London and unlocks substantial capital for future investment in our portfolio.
Our ability to reposition not just individual assets but places is a significant differentiator for us, and I am particularly excited by the scale and quality of opportunities that we have across Mayfair and Belgravia, including the upcoming transformation of Grosvenor Square. Backed by a strong balance sheet and persistent demand for best-in-class sustainable properties, we are expanding our development pipeline to 1m sq ft and lending £1.0bn over 10 years. We also remain agile, ready to take advantage of opportunities that innovation and market disruption presents well-capitalised businesses at this point in the cycle.
James Raynor
Chief Executive
Grosvenor Property UK
We create sustainable places where business, communities and nature thrive.
Places better for the next century not just this one.
We create sustainable places where business, communities and nature thrive.
Places better for the next century not just this one.