# Grosvenor Group

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British property corporation

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Grosvenor Group Limited Type Family-owned private limited company[1] Industry Real estate Founder Sir Thomas Grosvenor, 3rd Baronet Area served Worldwide Key people Hugh Grosvenor, 7th Duke of Westminster (Chair) Mark Preston, FRICS (CEO) Robert Davies, FCA (CFO) Products Property, residential, real estate services, hotels, offices and shopping centres Revenue US$1.2 billion (2017)[2] Operating income US$622.3 million (2017)[3] AUM US$36.7 billion (2019)[2] Total assets US$63.7 billion (2017)[1] Owner Hugh Grosvenor, 7th Duke of Westminster, and family Number of employees 10,800 (2016) Parent Grosvenor Estate[1]

[Belgrave Square](/source/Belgrave_Square), Belgravia, one of the most prestigious addresses within the Grosvenor Estate.

**Grosvenor Group Limited** is an internationally diversified property group, which traces its origins to 1677 and has its headquarters in [London](/source/London), England.[6][7] Previously (from 1841) based at 66–68 Brook Street & 53 Davies Street,[8] it is now based at 70 Grosvenor Street.[9]

It has a global reach, now in 62 international cities, with offices in 14 of them,[4] operated on behalf of its owners, the [Duke of Westminster](/source/Duke_of_Westminster) and his family. It has four regional development and investment businesses (Britain and Ireland, the Americas, Europe, and Asia Pacific)[10] and a portfolio of indirect investments. Its sectors include residential, office, retail, industrial, along with hotels.

## Grosvenor Estate

The history of the Grosvenor Estate begins in 1677,[1][4] with the marriage of 12 year-old heiress Mary Davies to [Sir Thomas Grosvenor, 3rd Baronet](/source/Sir_Thomas_Grosvenor%2C_3rd_Baronet) (1656–1700). Mary had inherited the [manor](/source/Manorialism) of [Ebury](/source/Eia), 500 acres of land north of the Thames to the west of the [City of London](/source/City_of_London).[4] This area remained largely untouched by the Grosvenors until the 1720s, when they developed the northern part, now known as [Mayfair](/source/Mayfair), around [Grosvenor Square](/source/Grosvenor_Square).[4] A few generations later, in the 1820s, their focus moved south, to what is now [Belgravia](/source/Belgravia), developing [Eaton Square](/source/Eaton_Square), [Chester Square](/source/Chester_Square), and other famous addresses.[4] Later in the 19th century, the area of [Pimlico](/source/Pimlico) was developed; this was sold in 1953.

[Mount Street](/source/Mount_Street%2C_London) in Central [Mayfair](/source/Mayfair) showing Carlos Place, the [Connaught hotel](/source/The_Connaught_(hotel)) and the [Tadao Ando](/source/Tadao_Ando) fountain 'Silence'

### 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](/source/Manorialism) of [Eaton](/source/Eaton_Hall%2C_Cheshire) in [Cheshire](/source/Cheshire), where its principal seat, [Eaton Hall](/source/Eaton_Hall%2C_Cheshire), is still located. Many of the family's early members sat as one of the two [Members of Parliament](/source/Member_of_Parliament) for [Chester](/source/City_of_Chester_(UK_Parliament_constituency)).

In 1874, [Hugh Grosvenor](/source/Hugh_Grosvenor%2C_1st_Duke_of_Westminster) was created [Duke of Westminster](/source/Duke_of_Westminster); other titles held by the current duke are: [Marquess of Westminster](/source/Marquess_of_Westminster), [Earl Grosvenor](/source/Earl_Grosvenor), [Viscount Belgrave](/source/Viscount_Belgrave), and [Baron Grosvenor](/source/Baron_Grosvenor). The title of [Baron Ebury](/source/Baron_Ebury) was granted in 1857 to [Robert Grosvenor](/source/Robert_Grosvenor%2C_1st_Baron_Ebury), third son of [Robert Grosvenor, 1st Marquess of Westminster](/source/Robert_Grosvenor%2C_1st_Marquess_of_Westminster), after the name of the original manor of Ebury (whence Ebury Street, etc. in Pimlico), and [Thomas Grosvenor](/source/Thomas_Egerton%2C_2nd_Earl_of_Wilton), the second son of the 1st Marquess, who succeeded his maternal grandfather under special remainder in 1814 to the title of [Earl of Wilton](/source/Earl_of_Wilton) (whence Wilton Crescent etc. in Belgravia).[11] "The Cheshire villages of Lupus, Eccleston and Belgrave, within or near the family estate, are recognised in street names of the London estate."[12]

### Buildings

The Mayfair portion of the estate includes [Peabody](/source/Peabody_Trust) social housing around [Brown Hart Gardens](/source/Brown_Hart_Gardens).

## International expansion

Although the Grosvenor Group is often publicly identified with its core asset, the Grosvenor Estate in London, now managed within Grosvenor Britain & Ireland, the present-day investment and development portfolio of Grosvenor Group is diversified across Britain. International expansion began in the 1950s, in [Canada](/source/Canada), and later in the [United States](/source/United_States), hence businesses in the Americas.[4]

In the 1960s, the businesses expanded into [Australia](/source/Australia) and, in the 1990s, into Asia Pacific.[4] Also in the 1990s, Grosvenor expanded into Continental Europe, where most current activity relates to Grosvenor's fund management business.[4] This was formally established in 2005 and now encompasses the Americas, Asia Pacific (including Australia), and Europe (including the UK).[4]

## Properties owned by Grosvenor

Properties in the UK, Continental Europe, Asia, and the Americas include:

- [Liverpool One](/source/Liverpool_One), a shopping district in [Liverpool](/source/Liverpool), UK

- District, an urban mixed-use residential and retail development in [Washington, D.C.](/source/Washington%2C_D.C.), [United States](/source/United_States)

- Century Plaza II, a 99,126 square ft class A office building in [Silicon Valley](/source/Silicon_Valley), [California](/source/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](/source/San_Francisco), California, United States

- 875 California Street, a condominium building in [San Francisco](/source/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 multi-tower site with retail in [West Vancouver](/source/West_Vancouver), [British Columbia](/source/British_Columbia), Canada[1]

- Connaught, a mixed-use building in Edgemont Village in [North Vancouver](/source/North_Vancouver_(district_municipality)), British Columbia, Canada

- The RISE, a luxury apartment building and with ground-level retail in [Vancouver](/source/Vancouver), British Columbia, Canada

- Drake, a collection of 135 condominiums and townhomes in [Calgary](/source/Calgary), [Alberta](/source/Alberta), Canada

- Haninge Centrum, a shopping mall in [Stockholm](/source/Stockholm), [Sweden](/source/Sweden)

- Väsby Centrum, a shopping mall in Stockholm, Sweden

- Burlöv Centrum, a shopping mall in [Malmö](/source/Malm%C3%B6), Sweden

- Rue de la Republique, a community and shopping district in [Lyon](/source/Lyon), [France](/source/France)

- Rue Serpenoise, a shopping retail complex buildings in [Metz](/source/Metz), France

- The Westminster Terrace, a 59 floors luxury apartment building in [Hong Kong](/source/Hong_Kong)

- China Merchants Tower, an office building in [Beijing](/source/Beijing), [China](/source/China)

- Parkside Plaza, a shopping mall in [Shanghai](/source/Shanghai), China

- Grosvenor Place Kamizono-cho, a luxury residential development in [Tokyo](/source/Tokyo), Japan

- The Westminster Roppongi, a luxury apartment building in Tokyo, Japan[1]

- The Westminster Nanpeidai, a luxury condominium building in [Shibuya](/source/Shibuya), Tokyo, Japan

- F1RST, an urban mixed-use residential and retail development across the street from [Nationals Park](/source/Nationals_Park) in Washington, D.C.

- Central, an award-winning mixed-use apartment building in Silver Spring, Maryland[13]

- Reay Forest, a [deer forest](/source/Deer_forest) in [Sutherland](/source/Sutherland), [Scotland](/source/Scotland)[14]

- [Abbeystead](/source/Abbeystead) Estate, [Forest of Bowland](/source/Forest_of_Bowland), [Lancashire](/source/Lancashire), England.

## See also

Other large privately owned historic estates in London include:

- [Bedford Estate](/source/Bedford_Estate) (Bloomsbury)

- [Cadogan Estates](/source/Cadogan_Estates) (Chelsea)

- [Howard de Walden Estate](/source/Howard_de_Walden_Estate) (Marylebone)

- [Kingston House Estate](/source/Kingston_House_estate%2C_London) (Knightsbridge)

- [Pettiward Estate](/source/Pettiward_Estate) (Putney and West Brompton)

- [Portman Estate](/source/Portman_Estate) (Marylebone)

- [Smith's Charity Estate](/source/The_Henry_Smith_Charity) (South Kensington)

## References

1. ^ [***a***](#cite_ref-AR2015_1-0) [***b***](#cite_ref-AR2015_1-1) [***c***](#cite_ref-AR2015_1-2) [***d***](#cite_ref-AR2015_1-3) [***e***](#cite_ref-AR2015_1-4) [***f***](#cite_ref-AR2015_1-5) [***g***](#cite_ref-AR2015_1-6) ["Grosvenor Group Limited – Annual Review 2015"](http://www.grosvenor.com/downloads/annual-report-archive/grosvenor-annual-review-2015/) (pdf). *www.Grosvenor.com*. Grosvenor Group Limited. [Archived](https://web.archive.org/web/20170703123919/http://www.grosvenor.com/downloads/annual-report-archive/grosvenor-annual-review-2015/) from the original on 3 July 2017. Retrieved 16 May 2017.

1. ^ [***a***](#cite_ref-grosvenor.com_2-0) [***b***](#cite_ref-grosvenor.com_2-1) ["Grosvenor – All articles"](http://www.grosvenor.com/news-views-research/news/2018/2017annualresults/). [Archived](https://web.archive.org/web/20180517013237/http://www.grosvenor.com/news-views-research/news/2018/2017annualresults/) from the original on 17 May 2018. Retrieved 16 May 2018.

1. **[^](#cite_ref-FinStat2016_3-0)** ["Grosvenor Group Limited – 2016 Financial Statements"](http://www.grosvenor.com/getattachment/7175f7c3-8d48-4814-8e5d-d9cafc482e50/Grosvenor-Financial-Statements-2016.pdf) (PDF). *www.Grosvenor.com*. Grosvenor Group Limited. 23 March 2017. [Archived](https://web.archive.org/web/20170621173258/http://www.grosvenor.com/getattachment/7175f7c3-8d48-4814-8e5d-d9cafc482e50/Grosvenor-Financial-Statements-2016.pdf) (PDF) from the original on 21 June 2017. Retrieved 16 May 2017.

1. ^ [***a***](#cite_ref-History_4-0) [***b***](#cite_ref-History_4-1) [***c***](#cite_ref-History_4-2) [***d***](#cite_ref-History_4-3) [***e***](#cite_ref-History_4-4) [***f***](#cite_ref-History_4-5) [***g***](#cite_ref-History_4-6) [***h***](#cite_ref-History_4-7) [***i***](#cite_ref-History_4-8) [***j***](#cite_ref-History_4-9) ["Grosvenor Group Limited – History"](http://www.grosvenor.com/about-grosvenor/history/). *www.Grosvenor.com*. Grosvenor Group Limited. [Archived](https://web.archive.org/web/20170510095905/http://www.grosvenor.com/about-grosvenor/history/) from the original on 10 May 2017. Retrieved 16 May 2017.

1. ^ [***a***](#cite_ref-Approach_5-0) [***b***](#cite_ref-Approach_5-1) [***c***](#cite_ref-Approach_5-2) [***d***](#cite_ref-Approach_5-3) ["Grosvenor Group Limited – Approach"](http://www.grosvenor.com/about-grosvenor/our-approach/). *www.Grosvenor.com*. Grosvenor Group Limited. [Archived](https://web.archive.org/web/20170508045920/http://www.grosvenor.com/about-grosvenor/our-approach/) from the original on 8 May 2017. Retrieved 16 May 2017.

1. **[^](#cite_ref-GG_6-0)** ["About us"](https://www.grosvenor.com/about-us/who-we-are/). Grosvenor Group Limited. [Archived](https://web.archive.org/web/20190514092228/https://www.grosvenor.com/about-us/who-we-are) from the original on 14 May 2019. Retrieved 27 August 2019.

1. **[^](#cite_ref-control_7-0)** ["Grosvenor Group Limited"](https://beta.companieshouse.gov.uk/company/03219943). *Companies House*. [Archived](https://web.archive.org/web/20190827171945/https://beta.companieshouse.gov.uk/company/03219943) from the original on 27 August 2019. Retrieved 27 August 2019.

1. **[^](#cite_ref-8)** Sheppard, F H W. ["Brook Street: North Side Survey of London: Volume 40, the Grosvenor Estate in Mayfair, Part 2 (The Buildings)"](https://www.british-history.ac.uk/survey-london/vol40/pt2/pp2-21). *British History Online*. Retrieved 5 February 2025.

1. **[^](#cite_ref-9)** ["Contact us"](https://www.grosvenor.com/contact-us). *Grosvenor*. Retrieved 5 February 2025.

1. **[^](#cite_ref-Businesses_10-0)** ["Grosvenor Group Limited – Businesses"](http://www.grosvenor.com/our-businesses/). *www.Grosvenor.com*. Grosvenor Group Limited. [Archived](https://web.archive.org/web/20170508081951/http://www.grosvenor.com/our-businesses/) from the original on 8 May 2017. Retrieved 16 May 2017.

1. **[^](#cite_ref-11)** Debrett's Peerage, 1968, pp.1147–1148

1. **[^](#cite_ref-12)** [Loelia, Duchess of Westminster](/source/Loelia_Lindsay), Memoirs of, London, 1961, p.174

1. **[^](#cite_ref-13)** ["Grosvenor Americas' Central Wins A Five Star 2018 American Property Award"](https://dc.citybizlist.com/article/502354). *Citybizlist*. [Archived](https://web.archive.org/web/20211106211331/https://dc.citybizlist.com/article/502354) from the original on 6 November 2021. Retrieved 11 October 2018.

1. **[^](#cite_ref-14)** ["Reay Forest Estate"](https://www.grosvenor.com/rural-estates/reay-forest-estate-5ec3d8514b3a70369cbdf023beff4601). *www.grosvenor.com*. Retrieved 15 December 2023.

### Further reading

- Sheppard, F.H.W., ed. (1977). [*Survey of London: Volume 39, the Grosvenor Estate in Mayfair, Part 1 (General History)*](https://www.british-history.ac.uk/survey-london/vol39/pt1/pp67-82). London: London County Council. pp. 67–82.

## External links

- [Grosvenor Group](https://www.grosvenor.com/) – official website

- [Grosvenor Group – Report Archive](http://www.grosvenor.com/about-grosvenor/performance-and-transparency/report-archive/) [Archived](https://web.archive.org/web/20170502163738/http://www.grosvenor.com/about-grosvenor/performance-and-transparency/report-archive/) 2 May 2017 at the [Wayback Machine](/source/Wayback_Machine)

- [Grosvenor Group Environment Review](http://www.Grosvenor.com/About+Grosvenor/Report+and+Accounts.htm) [Archived](https://web.archive.org/web/20140317213717/http://www.grosvenor.com/About%20Grosvenor/Report%20and%20Accounts.htm) 17 March 2014 at the [Wayback Machine](/source/Wayback_Machine)

- [Grosvenor Estate](http://www.GrosvenorEstate.com) ([Archived](https://web.archive.org/web/20170526231001/http://www.grosvenorestate.com/) 26 May 2017 at the [Wayback Machine](/source/Wayback_Machine)) – parent company of Grosvenor Group

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Adapted from the Wikipedia article [Grosvenor Group](https://en.wikipedia.org/wiki/Grosvenor_Group) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Grosvenor_Group?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
