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Birmingham Post
Birmingham Post
Business
Jon Robinson

Duke of Westminster's property giant which owns Liverpool ONE returns to profit

The property giant owned by the Duke of Westminster and includes the likes of Liverpool ONE in its portfolio jumped back into the black in 2021, new figures have confirmed.

Grosvenor said a partial recovery in economic conditions and loosening of pandemic restrictions pushed its property revenues higher.

The company, which also has investments in food and agriculture tech, reported a £437.5m pre-tax profit in 2021 after tumbling to a £322.8m loss in the previous year.

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