Grosvenor takes minority stake in Roland Mouret
The property group claimed that the investment will kickstart a new phase of growth for the fashion retailer
Property Group Grosvenor Britain and Ireland has revealed that it has taken a minority stake in Roland Mouret, the luxury womenswear designer.
The deal represents Grosvenor’s debut equity investment in one of its occupier groups, further expanding the partnership between the two groups that commenced with the opening of Roland Mouret’s Carlos Place flagship in 2011.
Grosvenor claimed that the investment will kickstart a new phase of growth for the fashion retailer, opening avenues for expansion such as new business categories.
Mark Langthorne, CEO at Roland Mouret, said: “We are excited to partner with Grosvenor and build on our great relationship.
“As longstanding tenants on Carlos Place, we value their tremendous support for the local area during the pandemic and believe there is great synergy between our values to help realise our plans for future growth.”
The funds have been sourced via Grosvenor’s tenant investment fund, which provides new and existing occupiers in the group’s portfolio with a range of partnerships from equity to debt.
James Raynor, CEO at the property firm, said that the fund is supporting the group in providing “much-needed growth financing for strong businesses with clear diversification strategies”.
He added: “Roland Mouret has been at the forefront of British fashion for over two decades. With an agile omni-channel strategy masterminded from its Mayfair base we’re excited to join them as an investor as they grow and diversify the business.”
