Our history
Although the ownership of some property can be traced back to
Edward the Confessor, the estate as a whole essentially dates from
1066.
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Recent history – modernisation
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History
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Some of our recent achievements illustrate this. During the last
ten years we have:
- grown the value of the property portfolio from a £4 billion to
a £8.1 billion business
- delivered over £2 billion to the Treasury for the benefit of
the nation
- been awarded 'Investor in People' status every year since 2003,
and the 'one to watch' status in The Sunday Times list of top 100
companies
- nurtured one of the nation's largest rural estates, which is
now valued at almost £1.2 billion
- delivered an award winning £1 billion regeneration of Regent
Street to create an international shopping and retail
destination
- commenced a £500 million programme of investment to enhance and
refine the properties in our other core central London portfolio,
St James's
- constructed a significant portfolio of prime retail assets
across the country
- established property partnerships with international,
institutional investors, including Healthcare of Ontario Pension
Plan, Norges Bank Investment Management and Land Securities
- committed over £100 million to help drive the UK's fast growing
offshore renewable energy industry
- won over 30 nationally recognised awards including 'Deal of the
Year' from Property Week magazine, and in 2012 the IP Real
Estate Awards 'Best Value-added Investment' and 'Best Institutional
Investor in UK & Ireland', as well as Building Awards 2012 -
Building Magazine Project of the Year
- overseen the installation of offshore wind farms that are
already meeting the electricity needs of 1.4 million homes
- adopted a proactive, co-investment approach to our Round 3
offshore wind leasing, which has resulted in the UK leading the
world in the offshore wind market
- helped establish a new renewable industry by completing the
world's first commercial wave and tidal leading rounds
- invested over £1 million on maintenance and improvement of the
mooring facilities on the River Hamble
- acquired three marinas as part of our marine diversification
investment policy.