Her Majesty’s pleasure: Wind farm windfall sends Crown Estate value soaring Her Majesty's pleasure: Wind farm windfall sends Crown Estate value soaring A raft of new wind farms has sent the value of the Queen’s property holdings up 7.5 per cent over the last year, the Crown Estate announced today. The portfolio, which comprises London’s Regent Street, the seabed and half of the foreshore around England and Wales, is now worth £14.4bn. The marine division saw its [...]
Crown Estate returns £285m to public purse after record year The Crown Estate today announced another year of record profits thanks to the regeneration of its vast estate at the heart of London’s shopping district plus its growing offshore wind business. The Crown Estate’s net profit, which goes into the Treasury’s coffers, rose to a record £285.1m in the year to 31 March – up [...]