{"id":52900,"date":"2017-04-26T00:00:42","date_gmt":"2017-04-25T17:00:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminsters-12bn-property-firm-hit-by-london-slump\/"},"modified":"2017-04-26T00:09:24","modified_gmt":"2017-04-25T17:09:24","slug":"duke-of-westminsters-12bn-property-firm-hit-by-london-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminsters-12bn-property-firm-hit-by-london-slump\/","title":{"rendered":"Duke of Westminster's \u00a312bn property firm hit by London slump"},"content":{"rendered":"


\nGrosvenor 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 British property empire, which includes many of the most famous addresses in London\u2019s Mayfair and Belgravia.The Grosvenor Group, which Hugh Grosvenor inherited last year following the death of his father Gerald Grosvenor, reported on Tuesday that returns on its British & Irish property portfolio had collapsed to just 0.3% last year compared with 10.7% in 2015. It is the company\u2019s worst UK performance since the 2008 financial crisis and follows six successive years of returns above 10%. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Duke of Westminster’s \u00a312bn property firm hit by London slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Grosvenor Group reports worst UK performance since 2008 as Brexit and stamp duty rise cause...<\/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-52900","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-dLe","jetpack-related-posts":[{"id":52848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grosvenor-warns-of-chilling-london-property\/","url_meta":{"origin":52900,"position":0},"title":"Grosvenor warns of \u2018chilling\u2019 London property","date":"April 25, 2017","format":false,"excerpt":"\r Duke of Westminster\u2019s property company saw steep drop in UK returns in 2016\r \r Source : ft.com\r Read more...Grosvenor warns of \u2018chilling\u2019 London property","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53537,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grosvenor-group-warns-on-chilling-london-property-market\/","url_meta":{"origin":52900,"position":1},"title":"Grosvenor Group warns on \u2018chilling\u2019 London property market","date":"April 25, 2017","format":false,"excerpt":"\r Duke of Westminster\u2019s property company saw steep drop in UK returns in 2016\r \r Source : ft.com\r Read more...Grosvenor Group warns on \u2018chilling\u2019 London property market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86340,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grosvenor-group-returns-dip-on-weaker-uk-eu-property-values\/","url_meta":{"origin":52900,"position":2},"title":"Grosvenor Group returns dip on weaker UK, EU property values","date":"April 24, 2018","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Grosvenor Group returns dip on weaker UK, EU property values","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grosvenor-warns-of-significantly-weaker-returns-due-to-londons-slowing-property-market\/","url_meta":{"origin":52900,"position":3},"title":"Grosvenor warns of 'significantly weaker' returns due to London's slowing property market","date":"April 25, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Grosvenor warns of 'significantly weaker' returns due to London's slowing property market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":52900,"position":4},"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":22462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-wealthiest-landowner-the-duke-of-westminster-has-died\/","url_meta":{"origin":52900,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52900"}],"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=52900"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52900\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=52900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=52900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=52900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}