{"id":136080,"date":"2023-04-25T20:02:23","date_gmt":"2023-04-25T13:02:23","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminsters-property-firm-pays-50m-dividend-despite-profits-drop\/"},"modified":"2023-04-25T20:12:29","modified_gmt":"2023-04-25T13:12:29","slug":"duke-of-westminsters-property-firm-pays-50m-dividend-despite-profits-drop","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminsters-property-firm-pays-50m-dividend-despite-profits-drop\/","title":{"rendered":"Duke of Westminster\u2019s property firm pays \u00a350m dividend despite profits drop"},"content":{"rendered":"


\nBoss of Grosvenor, which owns swathes of Mayfair and Belgravia, warns of \u2018more pain\u2019 for commercial property marketProfile: London property baron born with \u2018longest silver spoon\u2019The Duke of Westminster\u2019s property company, which owns swathes of London\u2019s exclusive Mayfair and Belgravia districts, has paid out a \u00a350m dividend despite falling profits.The boss of Grosvenor, the duke\u2019s \u00a311.5bn property empire, warned of a period of stagflation and that UK interest rates and inflation could stay high for longer than expected, resulting in \u201cmore pain\u201d for the commercial property market. Continue reading…
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\nSource : theguardian.com
\nRead more…Duke of Westminster\u2019s property firm pays \u00a350m dividend despite profits drop<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Boss of Grosvenor, which owns swathes of Mayfair and Belgravia, warns of \u2018more pain\u2019 for...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-136080","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zoQ","jetpack-related-posts":[{"id":136078,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminster-the-london-property-baron-born-with-longest-silver-spoon\/","url_meta":{"origin":136080,"position":0},"title":"Duke of Westminster: the London property baron born with \u2018longest silver spoon\u2019","date":"April 25, 2023","format":false,"excerpt":"\r Dynasty set to expand as Hugh Grosvenor, described as UK\u2019s \u2018most eligible bachelor\u2019, announces engagement to Olivia HensonDuke\u2019s property firm pays \u00a350m dividend despite profits dropThe Duke of Westminster, Hugh Grosvenor, was famously described by his father as being \u201cborn with the longest silver spoon anyone can have\u201d.Grosvenor, 32,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57922,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminsters-property-group-to-build-1500-rental-homes-in-london\/","url_meta":{"origin":136080,"position":1},"title":"Duke of Westminster's property group to build 1,500 rental homes in London","date":"June 15, 2017","format":false,"excerpt":"\r Grosvenor Group plans to build 11 blocks on 12-acre site of former biscuit factory in Bermondsey, south-east London, aimed at lower and middle income workersThe Duke of Westminster\u2019s property group is to build 1,500 rental homes in south-east London, one of the capital\u2019s biggest \u201cbuild to rent\u201d developments.The proposed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminsters-12bn-property-firm-hit-by-london-slump\/","url_meta":{"origin":136080,"position":2},"title":"Duke of Westminster's \u00a312bn property firm hit by London slump","date":"April 26, 2017","format":false,"excerpt":"\r Grosvenor Group reports worst UK performance since 2008 as Brexit and stamp duty rise cause slowdown in capitalThe 26-year-old Duke of Westminster, who is believed to be the world\u2019s richest person under 30 with a \u00a39bn fortune, has been hit by a steep drop in returns on his family\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-wealthiest-landowner-the-duke-of-westminster-has-died\/","url_meta":{"origin":136080,"position":3},"title":"Britain\u2019s wealthiest landowner, the Duke of Westminster, has died","date":"August 10, 2016","format":false,"excerpt":"\r The Duke owned swathes of prime London real estate, as well as property overseas, including Asia The Duke of Westminster. Image credit: wikimedia The Duke of Westminster, Britain\u2019s wealthiest landowner has died at the age of 64. Gerald Cavendish Grosvenor owned large parts of prime real estate in London\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22558,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grosvenor-estate-structure-protects-fortune-from-hmrc\/","url_meta":{"origin":136080,"position":4},"title":"Grosvenor Estate structure protects fortune from HMRC","date":"August 11, 2016","format":false,"excerpt":"\r Duke of Westminster\u2019s wealth held in trusts and food-producing farms that are tax-exempt and ensure it remains in the familyThe Duke of Westminster\u2019s fortune might have been worth a fraction of the \u00a39.35bn his four children stand to inherit, were it not for an old war wound and a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminsters-property-group-plans-30000-homes\/","url_meta":{"origin":136080,"position":5},"title":"Duke of Westminster\u2019s property group plans 30,000 homes","date":"August 29, 2018","format":false,"excerpt":"\r Grosvenor will aim to act as \u2018master builder\u2019, orchestrating planning and design\r \r Source : ft.com\r Read more...Duke of Westminster\u2019s property group plans 30,000 homes","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136080"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=136080"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136080\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}