Property business Grosvenor Britain & Ireland has made its first equity investment in an occupier, taking a minority interest in British luxury fashion company Roland Mouret. The investment has been made through Grosvenor’s Tenant Investment Fund, a first from a UK property company. The funding will support avenues for growth such as new business categories.
The equity stake enables greater partnership between the companies, who first worked together when the luxury womenswear brand opened its flagship townhouse on Carlos Place, Mayfair in 2011, Grosvenor said in a press release.
Roland Mouret is renowned for designing timeless collections, celebrated for his unique approach to folding and draping. Working instinctively with fabric, his sharp tailoring and precise fit have earned him the title ‘master of the silhouette’, attributed to his ability to create a second-skin, empowering the wearer. The Roland Mouret ethos also champions a responsible approach, creating tightly-edited collections designed for longevity.
James Raynor, CEO, Grosvenor Britain & Ireland commented: “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.
“Our Tenant Investment Fund is helping us step in to provide much-needed growth financing for strong businesses with clear diversification strategies. With £5 million of transactions in the current pipeline, we’re seeing huge demand for this innovative support from brands we already partner with, right through to new retail and hospitality concepts.”
Mark Langthorne, CEO, Roland Mouret added: “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.”
Established in 2020, the Tenant Investment Fund enables new and existing occupiers in Grosvenor’s places with ideas and diversification strategies to grow their business, through a range of partnerships from equity to debt.
Fibre2Fashion News Desk (KD)