Grosvenor to double global indirect property investment portfolio
Investors - MARCH 17, 2023

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Grosvenor to double global indirect property investment portfolio

by Released

Grosvenor has plans to double the size of its indirect real estate investment business, Grosvenor Diversified Property Investments (GDPI), to about £1.5 billion (€1.7 billion/$1.8 billion) in equity during the next five years.

Established in 2012, GDPI invests globally, alongside specialist local partners who have a clear understanding of the changing demands of real estate in their markets. By only investing Grosvenor’s own capital, GDPI can build strong alignment with these partners and has versatility in committing capital from the shorter to the longer term.

The approach has seen it realize 16 investments to date, delivering an average IRR of more than 20 percent.

The indirect investment business was formed to complement Grosvenor’s urban property business, which directly owns, develops, and operates properties across various property types in the United Kingdom and North America.

“Our ambitious global expansion plans will continue to pursu

Forgot your username or password?