Duke And Duchess Of Westminster Face £700 Million US Sale

Hugh Grosvenor, the duke and duchess of westminster, is facing a planned sale of US real estate assets worth £700 million through the Grosvenor Group. James Raynor said the portfolio will be sold "over a period of time", a move that follows reported losses in the region last year.

The company’s US holdings span sites in Seattle, San Francisco, Los Angeles and Washington. Grosvenor Group website listings show those locations inside a wider portfolio that reaches more than 1,500 properties across 60 countries.

Hugh Grosvenor Family Assets

Grosvenor’s family firm holds assets in trusts, leaving Hugh Grosvenor and his family with the benefits but not an "absolute right" to the holdings, according to Hugi Clarke of the Foresight Group. The structure helps explain why a disposal at this scale can happen even as the family name remains tied to the property empire.

The Duke of Westminster inherited a rumoured £9.5 billion fortune in 2016 after the death of his father, Gerald Grosvenor. The family’s wider holdings include 50 per cent of Mayfair, 300 acres in Belgravia, the Eaton Estate in Cheshire and the Abbeystead Estate in Lancashire.

Grosvenor Group Losses In 2025

reported a £108 million loss in the region last year and a total revenue loss of £23.2 million across all global markets in 2025. Those figures place the US disposal inside a broader adjustment in the group’s international property business, which also includes assets in Scotland, Spain, Liverpool, Stockholm and Tokyo.

Hugh Grosvenor married Olivia Henson in 2024, and the pair worked alongside the Chester FC Community Trust in April. He also opened the £2 million King George V Sports Hub in June 2022.

The disposal will unfold in stages, so the immediate change is not a single sale but a phased reduction in one part of the portfolio. For anyone tracking the family business, the next step is whether Grosvenor sells the US assets as a package or breaks them into pieces over time.