Grosvenor posts £395m profit

摘要

Grosvenor, the property company behind £400m high-end residential scheme Neo Bankside, has posted a pre-tax profit of £394.8m. This year's performance of the Duke of Westminster's business was a vast improvement on the £235.8m loss it made in 2009. In the firm's annual report Mark Preston, Grosvenor chief executive, said that in 2011 growth would continue to focus on the fund management business, Asia and the London estate.