4 October 2016
Grosvenor Europe expands senior development team
Grosvenor Europe has made two senior appointments to support the growth of its development strategy.
José Escobar joins as Director, Works and Development and will be based in Paris, while in Stockholm, Maria Kaye has been appointed Senior Manager, Asset Management and Development.
About José Escobar
José joins Grosvenor to lead development projects across Continental Europe. He has extensive experience in construction and development throughout Europe, beginning his career in Madrid where he worked with Lend Lease, Immobilaria Chamartin and also Grosvenor, on the Grosvenor Lar joint venture partnership in 2003.
Recently, José has been based in Paris with Accor, managing major international refurbishment projects in Germany, Netherlands, Belgium, Russia, Eastern Europe, as well as in the Middle East. He has also acted as an independent consultant on projects based in Paris and London and is a qualified architect.
José comments: “Having previously worked with Grosvenor in Spain, I am thrilled to have rejoined such an ambitious team. We are active in some of the most vibrant locations in Europe and there are many opportunities to contribute to the long term growth of local communities through the creation of much needed housing, modern commercial space and public realm improvements. I am pleased to be able to contribute my development experience as we mature this part of the business.”
About Maria Kaye
Maria joins Grosvenor’s Stockholm office in an asset management and development role. One of Maria’s priorities will be to manage municipality contacts for the business’ Swedish assets, and she will also explore opportunities for residential development within the portfolio.
Maria’s career has included international experience in Hong Kong and Thailand where she worked with Hutchison Whampoa, KPMG and Macquarie Bank and on a range of hotel, luxury villa and condominium developments.
Since 2011 she has been based in Sweden where she led the very successful retail and residential development of Tyresö Centrum, and developed and managed Redito’s first residential project. Maria has also secured a strong network with various municipalities having spent significant time developing zoning plans.
Maria comments: “Grosvenor Europe is in an exciting phase. This is particularly evident in Sweden where the team is looking to make innovative changes to existing shopping malls, developing the role of a shopping centre in society. I am very much looking forward to working with a creative and driven team that has a long term approach in order to benefit the places in which we are active.”
Giles Wintle, CIO, Grosvenor Europe, comments: “José and Maria are experienced, successful professionals who will help us to drive our new business strategy. Their expertise complements that of our existing team and will enhance our ability to plan and deliver new development projects, both at existing assets and as we look for new opportunities. They will also help to strengthen our relationships with current and future partners.”
For more information contact:
Rebecca Dwyer, Press Office
020 7312 6101
Notes to Editors
Grosvenor Europe invests, develops, operates and manages real estate assets and funds, with a focus on six European cities: Paris, Lyon, Stockholm, Madrid, Milan and Liverpool.
Building on our recognised skills and the wider Grosvenor Group’s 300 years of experience in real estate, we adopt a long-term, value-add approach to investment, development and management.
We work closely with like-minded partners and aim to create value for our partners, shareholders and the local communities in which we work by creating compelling investment strategies that are expertly implemented by our local teams.
Previously known as Grosvenor Fund Management, as at 31 December 2015 Grosvenor Europe managed £3.5bn / €4bn of assets, including a portfolio of historical buildings in the heart of Lyon’s city centre in France, Liverpool ONE in the UK and Skärholmen Centrum shopping centre in Stockholm.
For more information visit the website www.grosvenor.com or follow us on Twitter@GrosvenorEurope