International Expansion
Although Grosvenor is often identified with its core asset, the Grosvenor Estate in London, which is now managed within Grosvenor Britain & Ireland, much of the present-day investment and development portfolio is in other parts of Britain and Ireland. International expansion began in the 1950s, in Canada and later in the United States – hence businesses in the Americas. In the 1960s the businesses expanded into Australia and, in the 1990s, into Asia Pacific Also in the 1990s, Grosvenor expanded into Continental Europe, where most current activity relates to Grosvenor’s fund management business. This was formally established in 2005 and now encompasses the Americas, Asia Pacific (including Australia) and Europe (including the UK).
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“Every expansion of government in business means that government in order to protect itself from the political consequences of its errors and wrongs is driven irresistibly without peace to greater and greater control of the nation’s press and platform. Free speech does not live many hours after free industry and free commerce die.”
—Herbert Hoover (1874–1964)