Grosvenor announces record profits in 2007

Grosvenor has announced 2007 pre-tax profits of £524 mln (EUR 657mln), an increase of 3% on 2006. The total return of 14.4% represented a drop of 1.1% on the previous year. Total assets under management increased by 17% to £ 12.9 bn (EUR 16.2 bn) while balance sheet net asset ...

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