In 2023, we announced the global expansion strategy for Grosvenor Diversified Property Investments, which will see the business double in size to approximately £1.5bn in equity over the next five years – forming approximately 30% of Grosvenor’s overall commercial property assets.
Since 2012, our diversified property investments business has invested globally, alongside specialist local partners who have a clear understanding of the changing demands of real estate in their markets. While the business’s mandate remains global, the nearer-term focus is to expand our partner network in the Asian and European markets.
To support our growth ambitions, we appointed our first independent directors – Jonathan Lane as Non-Executive Chair, and Olivier Piani and Kishore Moorjani as Non-Executive Directors.