Talk:Grosvenor Group

Introduction and page update

Hi Wiki editors

I work in the communications team at Grosvenor Group and I am getting in touch because I have noticed a number of factual errors on our Wikipedia page and I am hoping that you will consider amending the inaccuracies outlined below. I hope that the suggested corrections and sources are clear, but should you have any questions please do not hesitate to get in touch with me directly.

If I do not hear from you within two weeks I trust it is acceptable for me to make this changes directly myself.

Kind regards Natasha

Natasha Brown Group Communications Manager Grosvenor Group D +442073127008 E natasha.brown@grosvenor.com

grosvenor.com

The most up to date information about Grosvenor Group is available on Grosvenor.com and specifically in our latest Annual Review (2018): https://www.grosvenor.com/Grosvenor/files/be/be5b0fb9-48de-42a3-a309-a5ff0003b1b2.pdf

In the fact bar:

1. Key people: Nicholas Scarles as CFO and Lesley Knox as Chairman have both retired. They should be replaced with Robert Davis as Group Finance Director and Michael McClintock as Chairman (source: Grosvenor.com)

2. Financials: The financial figures are incorrect. The correct figures are in the 2018 Annual Review – see page 12.

3. Owner: Please note that the Grosvenor Group shareholders’ are the Trustees of the Grosvenor Estate. They own the shares for the benefit of current and future members of the Grosvenor Family which is headed by the Duke of Westminster. The Duke is one of the Trustees but it is inaccurate to say that the Duke of Westminster is the ‘owner’ of Grosvenor Group.

4. Number of employees: The page states that we employ 10,800 people. This is incorrect. Grosvenor Group has 565 employees as stated in our CEO Mark Preston’s 2018 Annual Review Statement on page 19.

5. Subsidiaries: Under subsidiaries, Grosvenor Fund Management is listed and this no longer exits. It became Grosvenor Europe in 2016.

In the main body of the page

a. In the first paragraph please note that we have 12 offices not 14. See here. And that we are not currently active in the hotels sector.

b. Under ‘buildings’ you may be interested in Grosvenor’s role in creating social housing in Mayfair and elsewhere. See here

c. Under International Expansion, the sentence ‘Grosvenor Group is often identified with its core asset, the Grosvenor Estate in London’ should ideally read ‘Grosvenor’s London estate of Mayfair and Belgravia’ since the Grosvenor Estate is something different see here. – it encompasses all of the activities of the Grosvenor Family (Grosvenor Group, Wheatsheaf Group, the Family Office)

d. Under International Expansion, there is a line on Grosvenor Fund Management which no longer exists as it became Grosvenor Europe in 2016. For accuracy you might adapt the paragraph as follows. All of this can be sourced from the history section of our website. See here.

Although the Grosvenor Group is often identified with its core asset: the Grosvenor’s Estate in London estate of Mayfair and Belgravia, which is now managed within Grosvenor Britain & Ireland, the present-day investment and development portfolio includes other developments in London, Oxfordshire and Cambridgeshire. is now also in other parts of Britain and Ireland. International expansion began in the early 1950s, in Vancouver, Canada, and expanded later in the United States where the Group currently has office operations in San Francisco and Washington D.C. 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 through its Grosvenor's fund management business.[2] This later became Grosvenor Europe in 2016. Its activities were This was formally established in 2005 and now encompasses the Americas, Asia Pacific (including Australia), and Europe (including the UK).[2] Just under 50% of Grosvenor Group’s assets by value are located outside of the UK (see page 28 of our latest Annual Review). — Preceding unsigned comment added by NatashaGrosvenorGroup (talk • contribs) 16:38, 5 December 2019 (UTC)