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Grosvenor has today announced that Runway East, the leading provider of flex space in Bristol has committed to a 15-year renewal at 47,000 sq. ft. Bristol Bridge at 1 Victoria Street.
Grosvenor’s UK property business announces that it has entered into a joint venture with Norges Bank Investment Management (NBIM). NBIM has acquired a 25% stake in a mixed use portfolio of predominately office and retail assets, clustered around Grosvenor Street and Mount Street, in London’s Mayfair.
Midway through its £35m refurbishment programme, Grosvenor is capitalising on investment across its 500,000 sq. ft. regional office portfolio, with 44 lease events across 145,000 sq. ft driving a 42% uplift in rental income in 2024.
Grosvenor and EIH London Investments Ltd have today announced that South Molton, in London’s prestigious Mayfair, will be home to the Indian luxury hospitality group’s first Oberoi Hotel in the UK.
The joint venture (JV) between Grosvenor and Mitsui Fudosan UK has today announced that Skanska has been appointed as the main contractor to lead the delivery of its 267,000 sq. ft scheme at South Molton.
Over the first half of the year, Grosvenor signed 64 leases across all sectors in its Mayfair and Belgravia portfolio covering 127,000 sq. ft. and generating £8.52m of rent, 11% ahead of ERVs.
Free live screenings of the Paris 2024 Olympic Games at Grosvenor Square and Liverpool ONE form part of Grosvenor’s Summer of Sport across Liverpool and London.
Grosvenor Property UK’s Community Investment Programme exceeds £1m grant giving target in just two years
Grosvenor delivers resilient financial performance as it accelerates urban and rural carbon reduction and nature enhancement activities.