Smart Buildings

Mapping the Strategic Direction of Grosvenor Property Group in Smart Buildings

This Research Note examines the emerging strategic priorities of Grosvenor Property Group in the smart commercial buildings space. We have mapped strategic partnerships and investment activity by categorizing the various business relationships by technology and investment type over a 3-year period between January 2021 and July 2023. Grosvenor (GPUK) is the UK’s largest private property group, developing, managing and investing in property in over 40 cities around the world, with revenues of over $1.2 billion. A key aim of the UK business is that all its office buildings over 1,000m2 will have a NABERS UK energy rating above 4.5* by the end of 2025. In July 2022, Grosvenor achieved the UK’s first NABERS UK rating of 4.5* at Toronto Square, Leeds. In March 2023, Grosvenor achieved its second NABERS UK Energy rating with a 3* ranking awarded to 33 Davies Street, a 28,900 sq. ft office building in Mayfair, London. Grosvenor aims to improve the […]

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