{"id":5034,"date":"2025-05-31T09:47:52","date_gmt":"2025-05-31T08:47:52","guid":{"rendered":"https:\/\/comfort-rv.com.ua\/news\/5030\/"},"modified":"2025-05-31T09:49:23","modified_gmt":"2025-05-31T08:49:23","slug":"5030","status":"publish","type":"news","link":"https:\/\/comfort-rv.com.ua\/en\/news\/5030\/","title":{"rendered":"The Duke of Westminster\u2019s business profit increased by hundreds of millions"},"content":{"rendered":"\n<p><strong>The Duke of Westminster\u2019s enterprise (Grosvenor) reports profit after loss<\/strong><\/p>\n\n\n\n<p>Profit before tax for the past year amounted to \u00a3236 million (compared to a loss of \u00a329 million in 2023).<\/p>\n\n\n\n<p>Basic profit increased by 16% to reach \u00a386 million.<\/p>\n\n\n\n<p><strong>Company portfolio:<\/strong><\/p>\n\n\n\n<p>It includes offices, apartments, and shops in prestigious London areas \u2014 Mayfair and Belgravia.<\/p>\n\n\n\n<p>The main project is the South Molton Triangle residential complex, the largest mixed-use development in the West End, with the first phase valued at \u00a3200 million, being built by Skanska.<\/p>\n\n\n\n<p>The complex will feature offices, retail spaces, a hotel, and leisure areas.<\/p>\n\n\n\n<p>The portfolio also contains 700 affordable homes rented to the Peabody association and 500 homes for market rent.<\/p>\n\n\n\n<p>Grosvenor Hart Homes, the affordable housing division, became a registered social housing provider last year.<\/p>\n\n\n\n<p><strong>Future plans:<\/strong><\/p>\n\n\n\n<p>Over the next decade, Grosvenor plans to deliver more than 750 homes, focusing on Chester and London.<\/p>\n\n\n\n<p><strong>Financial highlights:<\/strong><\/p>\n\n\n\n<p>The portfolio is valued at \u00a38.2 billion, \u00a3400 million less than forecast due to the sale of 23% of shares in the Liverpool One shopping center.<\/p>\n\n\n\n<p><strong>Staff changes:<\/strong><\/p>\n\n\n\n<p>CEO Mark Preston will retire in September after 17 years in the role.<\/p>\n\n\n\n<p>The new CEO will be James Raynor, current head of Grosvenor\u2019s UK division.<\/p>\n","protected":false},"featured_media":5032,"template":"","class_list":["post-5034","news","type-news","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Duke of Westminster\u2019s business profit increased by hundreds of millions - \u041a\u043e\u043c\u0444\u043e\u0440\u0442-\u0420\u0412<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/comfort-rv.com.ua\/news\/5030\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Duke of Westminster\u2019s business profit increased by hundreds of millions - \u041a\u043e\u043c\u0444\u043e\u0440\u0442-\u0420\u0412\" \/>\n<meta property=\"og:description\" content=\"The Duke of Westminster\u2019s enterprise (Grosvenor) reports profit after loss Profit before tax for the past year amounted to \u00a3236 million (compared to a loss of \u00a329 million in 2023). Basic profit increased by 16% to reach \u00a386 million. Company portfolio: It includes offices, apartments, and shops in prestigious London areas \u2014 Mayfair and Belgravia. 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