Grosvenor Group Limited is an internationally diversified property group, which traces its origins to 1677 and has its headquarters in London, England.[6][7] It has a global reach, now in 62 international cities, with offices in 14 of them,[2] operated on behalf of its owners, the Duke of Westminster and his family. It has four regional development and investment businesses (Britain and Ireland, the Americas, Europe, and Asia Pacific)[8] and a portfolio of indirect investments. Its sectors include residential, office, retail, industrial, along with hotels.
The history of the Grosvenor Estate begins in 1677,[1][2] with the marriage of heiress Mary Davies to Sir Thomas Grosvenor, 3rd Baronet (1655–1700). Mary had inherited the manor of Ebury, 500 acres of land north of the Thames to the west of the City of London.[2] This area remained largely untouched by the Grosvenors until the 1720s, when they developed the northern part, now known as Mayfair, around Grosvenor Square.[2] A few generations later, in the 1820s, their focus moved south, to what is now Belgravia, developing Eaton Square, Chester Square, and other famous addresses.[2] Later in the 19th century, the area of Pimlico was developed; this was sold in 1953.
Nomenclature
Many of the streets within the estate are named after the Grosvenor family and its connections. The Grosvenor family became established in England before the 15th century, on the manor of Eaton in Cheshire, where is still located its principal seat, Eaton Hall. Many of the family's early members sat as one of the two Members of Parliament for Chester.
In 1874, Hugh Grosvenor was created Duke of Westminster; other titles held by the current duke are: Marquess of Westminster, Earl Grosvenor, Viscount Belgrave, and Baron Grosvenor. The title of Baron Ebury was granted in 1857 to the 3rd son of the 1st Marquess of Westminster, after the name of the original manor of Ebury (whence Ebury Street, etc. in Pimlico), and the 2nd son of the 1st Marquess succeeded his maternal grandfather under special remainder in 1814 to the title of Earl of Wilton (whence Wilton Crescent etc. in Belgravia).[9] "The Cheshire villages of Lupus, Eccleston and Belgrave, within or near the family estate, are recognised in street names of the London estate."[10]
Although the Grosvenor Group is often identified with its core asset, the Grosvenor Estate in London, which is now managed within Grosvenor Britain & Ireland, the present-day investment and development portfolio is now also in other parts of Britain and Ireland. International expansion began in the 1950s, in Canada, and later in the United States, hence businesses in the Americas.[2]
In the 1960s, the businesses expanded into Australia and, in the 1990s, into Asia Pacific.[2] Also in the 1990s, Grosvenor expanded into Continental Europe, where most current activity relates to Grosvenor's fund management business.[2] This was formally established in 2005 and now encompasses the Americas, Asia Pacific (including Australia), and Europe (including the UK).[2]
Properties owned by Grosvenor
Properties in the UK, Continental Europe, Asia, and the Americas include:
^ abcdefg"Grosvenor Group Limited - Annual Review 2015" (pdf). www.Grosvenor.com. Grosvenor Group Limited. from the original on 3 July 2017. Retrieved 16 May 2017.
^ abcdefghij"Grosvenor Group Limited - History". www.Grosvenor.com. Grosvenor Group Limited. from the original on 10 May 2017. Retrieved 16 May 2017.
^ ab"Grosvenor - All articles". from the original on 17 May 2018. Retrieved 16 May 2018.
^"Grosvenor Group Limited - 2016 Financial Statements" (PDF). www.Grosvenor.com. Grosvenor Group Limited. 23 March 2017. (PDF) from the original on 21 June 2017. Retrieved 16 May 2017.
^ abcd"Grosvenor Group Limited - Approach". www.Grosvenor.com. Grosvenor Group Limited. from the original on 8 May 2017. Retrieved 16 May 2017.
^"About us". Grosvenor Group Limited. from the original on 14 May 2019. Retrieved 27 August 2019.
^"Grosvenor Group Limited". Companies House. from the original on 27 August 2019. Retrieved 27 August 2019.
^"Grosvenor Group Limited - Businesses". www.Grosvenor.com. Grosvenor Group Limited. from the original on 8 May 2017. Retrieved 16 May 2017.
^"Grosvenor Americas' Central Wins A Five Star 2018 American Property Award". Citybizlist. from the original on 6 November 2021. Retrieved 11 October 2018.
Further reading
Sheppard, F.H.W., ed. (1977). Survey of London: Volume 39, the Grosvenor Estate in Mayfair, Part 1 (General History). London: London County Council. pp. 67–82.
External links
Grosvenor Group – official website
Grosvenor Group – Report Archive
Grosvenor Group Environment Review
Grosvenor Estate ( 26 May 2017 at the Wayback Machine) – parent company of Grosvenor Group
August 18, 2023
grosvenor, group, limited, internationally, diversified, property, group, which, traces, origins, 1677, headquarters, london, england, global, reach, international, cities, with, offices, them, operated, behalf, owners, duke, westminster, family, four, regiona. Grosvenor Group Limited is an internationally diversified property group which traces its origins to 1677 and has its headquarters in London England 6 7 It has a global reach now in 62 international cities with offices in 14 of them 2 operated on behalf of its owners the Duke of Westminster and his family It has four regional development and investment businesses Britain and Ireland the Americas Europe and Asia Pacific 8 and a portfolio of indirect investments Its sectors include residential office retail industrial along with hotels Grosvenor Group LimitedTypeFamily owned private limited company 1 IndustryReal estateFounded1677 346 years ago 1677 1 2 FounderSir Thomas Grosvenor 3rd BaronetHeadquarters70 Grosvenor Street London W1K 3JP United KingdomArea servedWorldwideKey peopleMark Preston FRICS CEO Nicholas Scarles FCA CFO Lesley Knox Chairman ProductsProperty residential real estate services hotels offices and shopping centresRevenueUS 1 2 billion 2017 3 Operating incomeUS 622 3 million 2017 4 AUMUS 36 7 billion 2019 3 Total assetsUS 63 7 billion 2017 1 OwnerHugh Grosvenor 7th Duke of Westminster and familyNumber of employees10 800 2016 ParentGrosvenor Estate 1 SubsidiariesGrosvenor Britain amp Ireland 5 Grosvenor Americas 5 Grosvenor Europe 5 Grosvenor Asia Pacific 5 Grosvenor Fund ManagementWebsiteGrosvenor comGrosvenorEstate comBelgrave Square Belgravia one of the most prestigious addresses within the Grosvenor Estate Contents 1 Grosvenor Estate 1 1 Nomenclature 1 2 Buildings 2 International expansion 3 Properties owned by Grosvenor 4 See also 5 References 5 1 Further reading 6 External linksGrosvenor Estate EditThe history of the Grosvenor Estate begins in 1677 1 2 with the marriage of heiress Mary Davies to Sir Thomas Grosvenor 3rd Baronet 1655 1700 Mary had inherited the manor of Ebury 500 acres of land north of the Thames to the west of the City of London 2 This area remained largely untouched by the Grosvenors until the 1720s when they developed the northern part now known as Mayfair around Grosvenor Square 2 A few generations later in the 1820s their focus moved south to what is now Belgravia developing Eaton Square Chester Square and other famous addresses 2 Later in the 19th century the area of Pimlico was developed this was sold in 1953 Nomenclature Edit Many of the streets within the estate are named after the Grosvenor family and its connections The Grosvenor family became established in England before the 15th century on the manor of Eaton in Cheshire where is still located its principal seat Eaton Hall Many of the family s early members sat as one of the two Members of Parliament for Chester In 1874 Hugh Grosvenor was created Duke of Westminster other titles held by the current duke are Marquess of Westminster Earl Grosvenor Viscount Belgrave and Baron Grosvenor The title of Baron Ebury was granted in 1857 to the 3rd son of the 1st Marquess of Westminster after the name of the original manor of Ebury whence Ebury Street etc in Pimlico and the 2nd son of the 1st Marquess succeeded his maternal grandfather under special remainder in 1814 to the title of Earl of Wilton whence Wilton Crescent etc in Belgravia 9 The Cheshire villages of Lupus Eccleston and Belgrave within or near the family estate are recognised in street names of the London estate 10 Buildings Edit The Mayfair portion of the estate includes Peabody social housing around Brown Hart Gardens International expansion EditAlthough the Grosvenor Group is often identified with its core asset the Grosvenor Estate in London which is now managed within Grosvenor Britain amp Ireland the present day investment and development portfolio is now also in other parts of Britain and Ireland International expansion began in the 1950s in Canada and later in the United States hence businesses in the Americas 2 In the 1960s the businesses expanded into Australia and in the 1990s into Asia Pacific 2 Also in the 1990s Grosvenor expanded into Continental Europe where most current activity relates to Grosvenor s fund management business 2 This was formally established in 2005 and now encompasses the Americas Asia Pacific including Australia and Europe including the UK 2 Properties owned by Grosvenor EditProperties in the UK Continental Europe Asia and the Americas include Liverpool One a shopping district in Liverpool UK District an urban mixed use residential and retail development in Washington D C United States Century Plaza II a 99 126 sq ft class A office building in Silicon Valley California United States Waterstone Apartment Homes a 432 unit community in Silicon Valley San Jose California United States 240 Stockton Street a ten storey luxury retail and office building located in San Francisco California United States 875 California Street a condominium building in San Francisco California United States 288 Pacific a retail in Jackson Square San Francisco California United States 394 Pacific Avenue an office building located in San Francisco California United States 1645 Pacific Avenue a luxury condominium building in San Francisco California United States 185 Post Street a luxury shopping centre in San Francisco California United States Grosvenor Ambleside a waterfront community and shopping district in Vancouver British Columbia Canada 1 Connaught a luxury village in Vancouver British Columbia Canada The RISE a luxury apartment building and shopping mall in Vancouver British Columbia Canada Drake a collection of 135 condominiums and townhomes in Calgary Alberta Canada Haninge Centrum a shopping mall in Stockholm Sweden Vasby Centrum a shopping mall in Stockholm Sweden Burlov Centrum a shopping mall in Malmo Sweden Rue de la Republique a community and shopping district in Lyon France Rue Serpenoise a shopping retail complex buildings in Metz France The Westminster Terrace a 59 floors luxury apartment building in Hong Kong China Merchants Tower an office building in Beijing China Parkside Plaza a shopping mall in Shanghai China Grosvenor Place Kamizono cho a luxury residential development in Tokyo Japan The Westminster Roppongi a luxury apartment building in Tokyo Japan 1 The Westminster Nanpeidai a luxury condominium building in Shibuya Tokyo Japan F1RST an urban mixed use residential and retail development across the street from Nationals Park in Washington D C Central an award winning mixed use apartment building in Silver Spring MD 11 See also EditOther large privately owned historic estates in London include Bedford Estate Bloomsbury Cadogan Estates Chelsea Howard de Walden Estate Marylebone Kingston House Estate Knightsbridge Pettiward Estate Putney and West Brompton Portman Estate Marylebone Smith s Charity Estate South Kensington References Edit a b c d e f g Grosvenor Group Limited Annual Review 2015 pdf www Grosvenor com Grosvenor Group Limited Archived from the original on 3 July 2017 Retrieved 16 May 2017 a b c d e f g h i j Grosvenor Group Limited History www Grosvenor com Grosvenor Group Limited Archived from the original on 10 May 2017 Retrieved 16 May 2017 a b Grosvenor All articles Archived from the original on 17 May 2018 Retrieved 16 May 2018 Grosvenor Group Limited 2016 Financial Statements PDF www Grosvenor com Grosvenor Group Limited 23 March 2017 Archived PDF from the original on 21 June 2017 Retrieved 16 May 2017 a b c d Grosvenor Group Limited Approach www Grosvenor com Grosvenor Group Limited Archived from the original on 8 May 2017 Retrieved 16 May 2017 About us Grosvenor Group Limited Archived from the original on 14 May 2019 Retrieved 27 August 2019 Grosvenor Group Limited Companies House Archived from the original on 27 August 2019 Retrieved 27 August 2019 Grosvenor Group Limited Businesses www Grosvenor com Grosvenor Group Limited Archived from the original on 8 May 2017 Retrieved 16 May 2017 Debrett s Peerage 1968 pp 1147 1148 Loelia Duchess of Westminster Memoirs of London 1961 p 174 Grosvenor Americas Central Wins A Five Star 2018 American Property Award Citybizlist Archived from the original on 6 November 2021 Retrieved 11 October 2018 Further reading Edit Sheppard F H W ed 1977 Survey of London Volume 39 the Grosvenor Estate in Mayfair Part 1 General History London London County Council pp 67 82 External links EditGrosvenor Group official website Grosvenor Group Report Archive Grosvenor Group Environment Review Grosvenor Estate Archived 26 May 2017 at the Wayback Machine parent company of Grosvenor Group Retrieved from https en wikipedia org w index php title Grosvenor Group amp oldid 1167752463, wikipedia, wiki, book, books, library,
