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).
Read more about this topic: Grosvenor Group
Famous quotes containing the word expansion:
“The fundamental steps of expansion that will open a person, over time, to the full flowering of his or her individuality are the same for both genders. But men and women are rarely in the same place struggling with the same questions at the same age.”
—Gail Sheehy (20th century)