Working at Grosvenor Americas
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3 An introduction to Grosvenor pg.4 Our Purpose and Living Cities pg.5 About Grosvenor Americas pg.6-9 Net Zero Carbon Commitment pg.10-11 Our Culture pg.12 Local Social Impact pg.13 Giving Back pg.14 Our ED&I Initiatives pg.15 Our People pg.16-19 Rewards & Benefits pg.20-21 Find out more about working for Grosvenor Americas and view or apply for open vacancies here.
4 Working at Grosvenor Americas 5 An introduction Our Purpose to Grosvenor and Living Cities Grosvenor Americas is a part Our Purpose is to deliver commercial of the Grosvenor Group, one and social benefit. This is achieved of the largest privately-owned 1 by adopting a far-sighted approach, international property businesses being locally engaged and sharing who develop, manage and invest and benefitting from our international in more than 60 cities around the experience – we call this our Living Cities world. approach. Far-sighted We adopt a far-sighted perspective to help create, manage and evolve properties and places with an aspiration to leave them better than we found them. International reach and local engagement We share knowledge and perspectives with our international teams while promoting local expertise, fostering a deep appreciation and understanding of local markets and the needs of local communities. How we measure sucess We judge our success by looking at our financial performance and social impact together. 2 Click to learn more about our history and Living Cities. 1. 1500 K Street, Washington, DC 2. The Pacific, Vancouver, BC 05:30 pm Crescent San Francisco, CA
6 Working at Grosvenor Americas 7 About 1. Grosvenor Ambleside, West Vancouver, BC 110 2. 185 Post Street, San Francisco, CA Grosvenor 3. Central, Silver Spring, MD Employees Equal Americas gender balance of employees 68 properties in Our first international Our Strategy is focused on: our portfolio investment was in 1952 with CAD $5bn Growth the acquisition of Annacis Island in Vancouver, which Significantly growing a high- opened in 1955 as Canada’s quality portfolio of urban property Assets under in dynamic locations with like- first industrial park. Management minded third-party capital Today we are a highly active investment. CAD $6.2bn property company offering hands on real estate transaction Performance experience across *San Francisco, Recruit and retain talented people *Washington, DC, *Vancouver, Los Development who are drawn to our inclusive Pipeline: Angeles and Seattle. workplace by fostering a culture Our focus is to invest, develop where diverse ideas and opinions All figures as at 31 Dec 2019 and co-invest in vibrant, urban lead to superior decision making 1 locations where our activities can and investments. Providing make a positive contribution to opportunities for our people to neighbourhoods and communities. grow and develop. 3 2 Reputation Creating value for Grosvenor, our partners and the communities in which we invest by developing and improving property and minimizing our environmental impact. * Cities in which our offices are located
8 Working at Grosvenor Americas 9 “We are focused on thoughtfully crafting urban properties that drive strong returns while make a lasting impact on their communities. To do so, we strive to have a team of high-performing, highly engaged and motivated people by offering exciting opportunities and growth potential. We want to foster an inclusive culture and actively encourage our employees to bring forward innovative ideas to ensure that our decisions are optimized by the perspectives that each individual brings. We promote a culture of balance, recognizing and supporting family life so employees can bring their best selves to work and perform at their highest potential. Working for Grosvenor Americas, you will be part of a dynamic team that shares a common purpose and values. We hold our reputation to the highest standard which demands that we live our values of trust, integrity and respect while delivering excellence in our work product .” Steve O’Connell Chief Executive Officer, Grosvenor Americas
10 Working at Grosvenor Americas 11 Working with the World Green Building Council (WGBC) we have committed to achieve net zero carbon operational emissions from our directly-managed buildings, by 2030, and to work towards all buildings, directly and indirectly-managed, being embodied and operational net zero across our portfolio by 2050. We have partnered with the City of Vancouver to create a project built to Passive House standards at 825 Pacific Street for local artists needing affordable workspace. Learn more about the detail of our commitment here. Our 2030 Net Zero Carbon Committment
12 Working at Grosvenor Americas 13 We consider the needs of the local community in all our activities Local Social Impact We consider the needs of the local community in all our activities and contribute to these needs by executing specific actions. A recent example of this is our response to CAD $826,000 donated COVID-19. We asked employees to recommend local groups in need to local organizations of support and then worked quickly to allocate a total of $370K and charities in 2019 to these groups to aid in their Our Culture Pandemic response. The culture at Grosvenor is rooted We also donate annually to in our values. Individuals join our organizations and charities across team who are highly motivated to our markets. exceed expectations in our real estate transactions, and also share our commitment to providing a positive long-term contribution to our communities. Our business is based on: • Transparency • Accountability • High standards • Trust • Respect 02:40 pm Atchison Village Richmond, CA
14 Working at Grosvenor Americas 15 Giving Back Our ED&I We encourage and support our employees to volunteer with local Initiatives groups and charities. In addition to office An employee-led Equality, organized volunteer opportunities, Diversity and Inclusion we offer employees paid work time to Group was formed in 2017 commit to personal volunteering. Some of and focuses on the the charities our employees have recently following areas: supported include: • Mental Health & Wellness • Habitat for Humanity • Pride and LGBTQ+ • Dress for Success • Training & Culture • Ronald McDonald House • Recruitment • Local Food Banks • Racial Justice • All Stars Project These groups work to Our employees are also heavily involved implement initiatives to with industry organizations and many continually develop our contribute time to volunteering on diverse and inclusive culture, relevant committees and Boards. with the full support of the Executive Committee. 25% of company members make up our ED&I Group 07:55 pm Ronald McDonald House Vancouver, BC
16 Working at Grosvenor Americas 17 17 Tommy Gallagher, Director, Construction, Our People Washington, DC “I joined Grosvenor to work on incredible projects and since my first day I have been respected, challenged and empowered. I We recruit people who are passionate feel connected to the leadership within the company who have imparted the autonomy about and motived by real estate to to allow me to grow professionally and effect apply expertise across a range of sectors change, while working with people who I truly and activities. value, both professionally and personally.” Across our North American markets we have high-calibre specialists in the following areas who have a deep understanding of our local markets and communities: • Investment • Capital Partnership • Development • Finance Joanne Chua, Investment Manager, • Construction • HR Vancouver • Structured • Marketing Development Finance • Risk Management “My experience so far at Grosvenor • Legal is a true testament to the strength of our culture. Our global perspective and commitment to fostering a growth environment has afforded me exposure in markets across the US and Canada, and internationally in Sweden and Denmark. I am supported in applying these experiences and strategies to my portfolio at home in the Pacific Northwest. I am very grateful to work with such a dynamic team – globally – of talented professionals, for whom I have endless amounts of respect. Focused on learning, creativity, and excellence, we’re empowered to work hard with integrity, be socially responsible, and have fun!” Lauren Krause, Director, Environment, Social and Governance, San Francisco “When I told my boss and colleagues that I was pregnant (with twins!) I was nervous, as most expecting mothers are. I shouldn’t have been. People could not have been more supportive and excited for me. Twin pregnancies are notoriously complicated and mine was no exception. I was fully supported throughout my many doctor appointments, early delivery, and return to work. Since returning, I’ve been able to utilize Grosvenor’s flexible work policy by working from home one day a week. I really look forward to not commuting on that day, and the other four days I appreciate the company’s focus on life-work balance and how it enables me to spend quality time with my 2-year old’s!”
18 19 Sean Wheeler, Vice President, Co-Investment, Vancouver “I feel very fortunate to have started my career at Grosvenor Americas. The company’s long-term investment strategy allows management to also take a long- term view on employees. I believe this is a major reason the culture is so supportive and empowering. From education to travel there are numerous opportunities to learn new skills and expand your market knowledge. It is also rewarding working for a company that is not solely profit driven. Grosvenor Americas routinely commits to doing the right thing first not just in the communities we build or own but how we manage all our relationships.” Zadaai Villamizar-Gonzalez, Project Marketing Coordinator, Washington, DC “Grosvenor has provided me with all of the tools, resources and support to help me progress my career. Four years ago, I joined Grosvenor as a Development Coordinator with no real estate experience. From day one, everyone I’ve worked with has been willing to provide me with invaluable advice and encouragement. In my previous role, I was able to gain experience with accounting, legal, risk management, project management, construction, operations Graeme Low Ah Kee and marketing and communications. Through Senior Manager, Development mentorships and open communication Financing & Transactions between myself and my manager, I was able Vancouver to move into a specialized field of marketing.” “I started my career at Grosvenor as an intern, pursued a professional designation Mark Purdy, and returned to the Company in 2012. I Senior Vice President, have been given the opportunity to develop Investment & General Manager, through formal and informal mentorship, on San Francisco the job learning and support for continuing education. Grosvenor has acknowledged “Grosvenor provides a great environment for the growth in my capabilities by providing its staff to learn and grow both personally avenues for promotion as I continue my and professionally. With the support of my career within the company. I am grateful teams and senior management, I have been for this acknowledgement and hope I able to advance my career from starting as can facilitate career growth for the next an Asset Manager in Calgary to relocating generation of Grosvenor employees.” to the San Francisco office as Senior Vice Present, Investment and General Manager. Despite challenges with each new role, Grosvenor continues to provide support through education and training to ensure success.”
20 Working at Grosvenor Americas 21 Rewards & Benefits High quality real estate Autonomy in project transactions work The most exciting benefit we offer is the opportunity to work on exciting and ambitious projects, as well as a breadth of personal growth opportunities. In addition to this, we offer competitive “Grosvenor offers a robust Regular office 35-hour work compensation, generous retirement benefits and reward exceptional work and results. benefit package to employees social events week (M-F, flexible within We also know the importance of employee & their families which 8am – 5pm) wellbeing - striking the right balance includes medical, dental, between work and personal responsibilities and interests. This includes market-leading vision, life insurance, family friendly and work-life balance policies, disability insurance and tax- as well as benefits designed to support fitness, wellbeing and mental health. advantaged savings plans. Industry Generous GA’s benefits are some of the memberships and access paid vacation We focus on creating a healthy working environment and fostering a culture of best in the industry with low integrity, respect and trust. employee contributions, low out-of-pocket maximums and generous employer funding into an HSA account” Generous Career development parental leave and Education tuition reimbursement program Relation Insurance, USA Focus on work Very competitive life balance health and wellness benefits To find out more about Annual Paid time off working for Grosvenor wellness/ fitness for volunteering Americas and view reimbursement activities and employer-matched or apply for open charity donations vacancies here. All staff are Robust retirement eligible for an plan matching – annual bonus nearly 3xs the average employer matching 04:40 pm The RISE Vancouver, BC
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