Business Immo, the real estate website

Grosvenor Europe

Office 10/07/2019

"Grosvenor Europe is now focusing on Paris office"

Business Immo: Last year, Grosvenor Europe announced its intention to redirect investments toward Paris’ office market. What is the status of this strategic repositioning? Steve (...)

Finance 02/05/2019

UK's Grosvenor doubles 2018 returns to 5.5%, posts third-highest profit

UK-based global property group Grosvenor doubled returns last year to 5.5%, and brought in profit of £131m, its third highest on record. The privately-owned group, (...)

Office 23/04/2019

Blackstone eyes €220m selling Spanish REIT office assets separately

US fund giant Blackstone is to sell all five office assets in its Spanish REIT/SOCIMI Corona, reportedly aiming to generate €220m through individual disposals. Local Spanish (...)

Office 18/04/2019

UK's Grosvenor re-enters Spain office with €80m buy in Madrid

London-based private manager Grosvenor has re-entered Spain's office market after 13 years, reportedly paying €80m for a Madrid asset from US giant Blackstone. Local media (...)

Finance 07/02/2019

Cycle toppish but new strategies, climate, tech are focus at ULI Europe

The property cycle is at or near the top, most ULI Europe attendees think. But gloom is not rife. Time to adjust strategies, assess (...)

Finance 06/02/2019

Euro RE unlikely to face sharp downturn but other challenges - ULI conference

The European property industry is unlikely to suffer a sharp downturn despite the late cycle but faces other challenges such as digitisation, and environmental, (...)

Retail 20/12/2018

Portuguese Sonae, Slovakian Korbačka in €485m Spanish malls buy

Portuguese retail group Sonae Sierra and Slovakian J&T group's Peter Korbačka are reported to have agreed to pay €485m for three Spanish malls developed by Sonae and CBRE (...)

Office 29/05/2018

Grosvenor shifts French strategy from retail towards office renovations

Grosvenor Europe, part of London's privately-held Grosvenor real estate giant, has shifted its French strategy towards Paris office renovations and reduced its emphasis on retail property, (...)

Housing 15/12/2017

Grosvenor Europe rebalancing retail with expansion in housing development

Grosvenor Europe, part of the private London-based Grosvenor group, is pressing further into residential and mixed-use projects to balance out retail holdings, says CEO James Raynor. With (...)

Housing 16/11/2017

Population ageing means lower RE returns, falling house prices – INREV conf

The fast rise of the elderly as a component of developed world populations implies a low-return world and real estate returns at 5-6% over (...)